505 Runnymede St C, East Palo Alto, CA 94303 - View 1
505 Runnymede St C, East Palo Alto, CA 94303 - View 2
505 Runnymede St C, East Palo Alto, CA 94303 - View 3

505 Runnymede St C, East Palo Alto, CA 94303

List Price: $3,900,000On Market FlagOn market
Aug 7, 20252,880 sqft5 beds7 baths
Listed by: Christopher Ellis
License #: 00663899
Phone #: 650-322-1060
Ellis Realty
Source:
CRMLS Logo
MLS #: ML82017240

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 before C.O.E.! SHOWN BY APPOINTMENT ONLY WITH 24 HR NOTICE! SELLER IS A REAL ESTATE BROKER!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$4,116

TurboHome Estimated Value

$2,087,203

$725 sqft

High Valuation
$2,191,563
$761/sqft
Normal Valuation
$2,087,203
$725/sqft
Low Valuation
$1,982,843
$688/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$725/sqft$2,087,203

Location

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