505 Runnymede ST C, East Palo Alto, CA 94303

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

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List Price
$2,950,000
MLS#
ML82017240
Status
ACTIVE
Property Type
res
Bedrooms
5
Total Bathrooms
7
Full Bathrooms
4
Partial Bathrooms
3
Sqft. of Residence
2,880
Lot Size
0.5129
Listing Area
East Of U.S. 101 East Palo Alto
Year Built
1926

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

Acres
0.51
Age
99
Bathroom Features
Primary - Stall Shower(s), Shower and Tub
Cooling System
None
Energy Features
Solar Power, Solar Power Battery Backup, Solar Power Off Grid, Solar Power On Grid
Family Room
Kitchen / Family Room Combo
Fence
Complete Perimeter, Fenced Back, Fenced Front, Wood
Fireplace Description
Living Room, Wood Burning, Wood Stove
Foundation
Unreinforced Masonry
Garage Parking
Carport, Covered Parking, Guest / Visitor Parking, Lighted Parking Area, Off-Site Parking, Off-Street Parking, Room for Oversized Vehicle, Tandem Parking
Heating System
Central Forced Air, Space Heater, Wall Furnace
Laundry Facilities
Coin Operated, Community Facility, In Utility Room, Washer / Dryer
Living Area
2,880
Lot Description
Possible Lot Split, Potential Re-Zone
County
San Mateo
Neighborhood
East Of U.S. 101 East Palo Alto
Other Utilities
Generator, Individual Gas Meters, Master Meter, Solar Panels - Owned
Pool Description
Pool - In Ground
Roof
Tar and Gravel
Sewer
Sewer Connected
Special Features
Parking
Style
Spanish
Zoning
R10025

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Calculator source: Real Geeks

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

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