March 25, 2008

Starting a laundromat business in East Palo Alto

MLS-2.com: Property Details
1169 SARATOGA AV, East Palo Alto,CA,94303 – $459,000

1169sar.jpg2 Beds 0 Sq.Ft. Aprx. 1 Car Garage MLS#: 777851
1.0 Baths 5,800 Lot Size 59 Yrs Old Aprx. List Date: 2008-02-12

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 1169 SARATOGA AV, East Palo Alto,CA,94303
Vacant.Hardwood floors throughout, eat-in kitchen. Sold “as-is” – Split level home with bedrooms upstairs. Huge laundry room in back of house with separate entrance.All appliances included.Lots of storage. All reports are available online. Gated good size lot offers potential.Call agent for more information.

Does this house look familiar to you?

Well, it should! It was featured back in April 2007!

And with a dramatic price cut too! Now this house is affordable! Also, look at the new details: laundry room in the back of the house with separate entrance.

AMAZING.

There’s nothing I hate more than having a laundry room inside the house. It’s so disgusting and so inconvenient. I’d much rather go outside and around to use my laundry room.

But more importantly, this house is a testament to the entrepreneurial spirit of Silicon Valley – can you say “Coin op opportunity?” “Wash and fold opportunity?”

Get off your lazy ass. This is already a steal! Steal it and start your cash flow today!

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Comments (15) -- Posted by: burbed @ 5:40 am

15 Responses to “Starting a laundromat business in East Palo Alto”

  1. mrbogue Says:

    i actually like the style of these kinds of homes, as IMO the perpendicular style has alot of potential, just not in this neighborhood.

  2. sonarrat Says:

    Potential for ghetto wealth maybe. And it kinda looks like the whole house is on a giant carpet pad, notice that?

  3. mrbogue Says:

    hey, the carpet matches the color of the house.

  4. RoxBoy Says:

    I used to work in East Palo Alto. Believe me, dont ever buy a house there. I would rather walk on the streets of Iraq knowing Al-Queda members are following me, than to walk on the streets of East Palo Alto.

  5. madhaus Says:

    Wow, look at that split-level design. Takes me back to my childhood, and then I start retching.

    You gotta see this property on Redfin. Not only is the price another $10K lower, but they have more pictures. It’s like they’re pretending they’re selling a house, but they’re really saying STAY AWAY, THIS ONE’S BAD JUJU. From the completely unfocused shot of the living room and front door, to the bed with a spread but no slipcase on the pillow, to the back yard with a series of empty concrete pads (what is this place, NORAD-West?), this is where Spring Bounce will take you.

  6. sg Says:

    Is that an ivy on the left-hand corner of the outside wall?

  7. densityduck Says:

    It’s like someone started building townhouses but stopped after only one unit.

  8. Target-Addict Says:

    I just LOVE the fact that this house sits on a “gated good sized lot”. Gated? Gated from WHAT? I don’t see any gate, and the house looks pretty exposed to me.

  9. Priced-out Says:

    Motivates Sellers: maybe jail time is looming for the owner. I wonder can you negotiate from prison? I wonder who would have the upper hand. I’ll lower offer to $200K but will bring a carton of Marlboros?

  10. ex-sunnyvale-renter Says:

    That house does not provide concealment or cover.

    It does provide a wonderful opportunity to lose $50k a year though, and in the end, isn’t that what it’s all about?

  11. Herve Says:

    Now reduced to $268K.

  12. sonarrat Says:

    Hey I figured it out. The laundry room in the back fronts to Willow Road. So you really can run a coin-op out of your place!

  13. Herve Estater Says:

    Now reduced to $238K. My apologies for missing the previous price drop in May ($248K).

  14. Pralay Says:

    Wow! This is longest listing history I have seen so far:

    Jun 24, 2009 Price Changed $238,000 — MLSListings #80917708
    May 11, 2009 Price Changed $248,000 – MLSListings #80917708
    Apr 09, 2009 Listed $268,000 – MLSListings #80917708
    Mar 28, 2009 Delisted * – Inactive MLSListings #3
    Mar 03, 2009 Relisted * – Inactive MLSListings #3
    Feb 27, 2009 Delisted * – Inactive MLSListings #3
    Nov 04, 2008 Price Changed * – Inactive MLSListings #3
    Sep 27, 2008 Price Changed * – Inactive MLSListings #3
    Sep 27, 2008 Relisted * – Inactive MLSListings #3
    Sep 20, 2008 Delisted * – Inactive MLSListings #3
    Sep 09, 2008 Price Changed * – Inactive MLSListings #3
    Sep 02, 2008 Price Changed * – Inactive MLSListings #3
    Jun 19, 2008 Price Changed * – Inactive MLSListings #3
    Jun 19, 2008 Relisted * – Inactive MLSListings #3
    Jun 19, 2008 Delisted * – Inactive MLSListings #3
    Jun 07, 2008 Price Changed * – Inactive MLSListings #3
    May 01, 2008 Price Changed * – Inactive MLSListings #3
    May 01, 2008 Relisted * – Inactive MLSListings #3
    May 01, 2008 Delisted * – Inactive MLSListings #3
    Mar 14, 2008 Price Changed * – Inactive MLSListings #3
    Feb 12, 2008 Listed * – Inactive MLSListings #3
    Feb 01, 2008 Delisted * – Inactive MLSListings #2
    Sep 29, 2007 Listed * – Inactive MLSListings #2
    Sep 27, 2007 Delisted * – Inactive MLSListings #1
    Sep 11, 2007 Price Changed * – Inactive MLSListings #1
    Aug 28, 2007 Relisted * – Inactive MLSListings #1
    Aug 27, 2007 Relisted * – Inactive MLSListings #1
    Jun 09, 2007 Price Changed * – Inactive MLSListings #1
    Feb 28, 2007 Listed * – Inactive MLSListings #1

  15. Herve Estater Says:

    The house across the street (1166 Saratoga Ave) is also for sale for $260,000 ($155 per sq ft vs. $317).


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