505 Runnymede Street C, East Palo Alto, CA 94303
List Price: $2.95M
Listing Status: Active
Original List Price: $3.9M
0Days on Market: 290
5 Bedrooms · 7 Bathrooms · 2,880 sq ft
Property Type: Residential
Year Built: 1926
Lot Size: 22,341 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: ML82017240
About This Property
This is a "Single Family Residence" with a pool and a 600 sq. ft. pool house. it includes a permitted 960 sq.ft.2nd (auxiliary) unit. there are also 3 studio units attached to the main house with separate entrances and baths. The lot is subdividable and the sewer line has been re-routed to facilitate subdivision. A smart buyer might occupy the rear half of lot while developing the front portion. The swimming pool is operational but was filled with gravel for safety purposes, due to the presence of small children. It can be recommissioned 100% at buyer request. Income potential of over $11,000/mo. if you include rental of main unit. This property is close to everything on the peninsula and is ripe for development in the new EAST PALO ALTO! All boats and debris to be removed.
Listing provided by: Christopher Ellis DRE #00663899 (650) 322-1060 chris@chrisellisrealty.com, Ellis Realty
Source: CRMLS, MLS #: ML82017240
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.