$1,888,888
PENDING

116 Daphne Way East Palo Alto, CA 94303

Estimated payment $11,320/month

Total Views 9,750
9 Beds
7 Baths
4,000 Sq Ft
$472 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Menlo-Atherton High School Rated A
  • Forced Air Heating and Cooling System

About This Home

Gorgeous & Spacious! Be the first to live in this Newly Remodeled down to the studs home. Hardwood floors throughout. Kitchen with Jenn Air appliances, granite counter tops, marble floors, contrast color cabinets, island with water fall counter top. Massive laundry room with LG washer & dryer. New efficient plumbing, three electric panels with all updated electrical wiring. Two zone with two high efficiency heating units as well as two zone A/C units. Dual pane windows & sliding doors. New landscaping around entire property with low flow, drip water irrigation. Stamped concrete driveway, balcony, walkway and new paver sitting area in serene backyard surrounded by a new redwood fence. Two-car garage with two gated driveway access.

Listing Agent

Paymon Ghafouri

Paymon Real Estate Group License #01375245 Listed on: 06/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,070

Year Built

  • 1952

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • 4,000 Sq Ft Home
  • Composition Roof
  • Concrete Perimeter Foundation

Additional Features

  • 5,998 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

Community Details

Overview

Building Details

  • 9 Leased Units
  • Gardener Expense $100
  • Insurance Expense $2,784
  • Maintenance Expense $2,774
  • Manager Expense $100
  • Other Expense $1,500
  • Utility Expense $100
  • Trash Expense $100
  • Operating Expense $22,458
  • Gross Income $152,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,070

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Multiple Dwellings / Structures
  • Age: 73
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4000
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Living Sq Ft: 4000
  • Security: Security Lights

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage
  • Carport Min: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5998.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5998.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.30
  • Number Of Leased: 9

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2784
  • Expense Landscape: 100
  • Expense Maintenance: 2774
  • Expense Management: 100
  • Expenses Other: 1500
  • Expenses Total: 22458
  • Expenses Utility: 100
  • Expense Trash: 100
  • Income Annual Gross: 152064.00
  • Income Annual Rental: 132000
  • Income Gross Scheduled: 153600
  • Income Includes: Rents
  • Income Other: 21600
  • Meters: Master Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Cable Tv
  • Tenant Expenses: Fee - Association
  • Vacancy Factor: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,070 $1,217,693 $740,725 $476,968
2023 $15,070 $1,170,411 $711,962 $458,449
2022 $14,038 $1,147,463 $698,002 $449,461
2021 $13,751 $1,124,965 $684,316 $440,649
2020 $13,561 $1,113,431 $677,300 $436,131
2019 $13,448 $1,077,600 $664,020 $413,580
2018 $3,807 $223,095 $9,642 $213,453
2017 $3,679 $218,721 $9,453 $209,268
2016 $3,689 $214,433 $9,268 $205,165
2015 $3,648 $211,213 $9,129 $202,084
2014 $3,575 $207,077 $8,951 $198,126
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $1,888,888 -- $472 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $930,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: MLSListings

MLS Number: ML82011951

MLSListings

APN: 063-532-230

California San Mateo County East Palo Alto 94303

116 Daphne Way, East Palo Alto, CA

This home is located at 116 Daphne Way, East Palo Alto, CA 94303 and is currently priced at $1,888,888, approximately $472 per square foot. This property was built in 1952. 116 Daphne Way is a home located in San Mateo County with nearby schools including Brentwood Academy, Menlo-Atherton High School, and East Palo Alto Academy.

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Paymon Ghafouri
Listing Agent
Paymon Ghafouri
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Paymon Real Estate Group
(650) 955-4309