505 Runnymede ST C, East Palo Alto, CA 94303

$2,950,000
5
BD
7
BA
2,880
SqFt

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Listing courtesy of Christopher Ellis from Ellis Realty. 650-322-1060

List Price
$2,950,000
Status
ACTIVE
Price Change
▼ $950,000 1776890187
MLS#
ML82017240
Subtype
res
Style
Spanish
Year Built
1926
Bedrooms
5
Bathrooms
7
Full Baths
4
Half Baths
3
Living Area
2,880
Lot Size
22,341
Acres
0.51
Neighborhood
East Of U.S. 101 East Palo Alto

Property Description

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.

Additional Information

Property Description
Spanish
Zoning
R10025
Roof
Tar and Gravel
Foundation
Unreinforced Masonry
Pool
Yes
Pool Type
Pool - In Ground
Garage Spaces
2

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