505 Runnymede Street Unit C, East Palo Alto, CA 94303

$3,900,000
5
BD
7
BA
2,880
SqFt
List Price
$3,900,000
Status
ACTIVE
MLS#
ML82017240
Year Built
1926
Bedrooms
5
Bathrooms
7
Living Sq. Ft
2,880
Lot Size
22,341
Acres
0.51
Days on Market
42
Property Type
Single Family Residential
Style
Spanish
Property Sub Type
Single Family Residence

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

Appliances
Electric Oven, Gas Cooktop
Pool Description
In Ground
Fireplace Description
Insert, Living Room, Wood Burning, Wood Burning Stove
Heat
Central, Space Heater, Wall Furnace
Cooling
Yes
Cooling Description
None
Exterior Construction
Stucco
Roof
Tar/Gravel
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Other
Elementary School
Other
High School
Menlo-Atherton
Attached Structure
Detached

Listing courtesy of Listing Agent: Christopher Ellis (chris@chrisellisrealty.com) from Listing Office: Ellis Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.