Property photo 1
1 photos
ActiveMLS# ML82017240444 days on market

$2,950,000

505 Runnymede Street C

East Palo Alto, CA 94303

5 BD|7 BA|2,880 SQFT|$1024.31/sqft

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.

Features & Amenities

Pool

Property Details

Property TypeSingle Family
Year Built1926
Lot Size22,342 sqft
Stories1
Garage2 cars
Price / Sqft$1,024.31
Days on Market444
MLS NumberML82017240

Adam Modzeleski

Broker

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Est. Monthly Payment

$17,744

P&I: $14,917 | Tax: $2,090 | Insurance: $738

$2,950,000
%
%
Loan Amount$2,360,000
Down Payment$590,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

505 Runnymede Street C, East Palo Alto, CA 94303

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