727 E 5th Ave, San Mateo, CA 94402 MLS# 80818394 – Property Details

$685,000

* Status: Active
* Bedroom: 2
* Bathroom: 1
* Year Built: 1927
* Lot Size: 5650
* Square Footage: 1190
* List Date: 6/27/2008
* Garage Spaces: 1

Wow- Single Family Traditional Home with Garage and Yard. Walk to Town. Why?? pay condominium association fees or rent when you can own this Sparkling and Cute Home? Close to dynamic and happening Downtown San Mateo. Extra garden room connected to garage.

Gotta love that phrase “Close to dynamic and happening Downtown San Mateo.” Seriously! So close that your house is actually on a fairly well trafficked roadway.

But that’s ok, at $685k, this sure beats owning a condo and having to pay HOA fees. Of course, it’d probably be a condo in Mountain View or Cupertino where it would be nice and quiet – but still, this is Downtown San Mateo baby! It’s got Caltrain, the Movie Theater and more. Even Honda Hospital is near by.

And why rent? Just because for an equivalent amount of rent, you could rent a nice quiet apartment in Cupertino, would you be able to own on a busy street?

Face the facts, this is a great buy no matter how you look at it!

Woo! Happenin’ Downtown San Mateo. I just love the sound of that.

1438 Laguna Ave, Burlingame, CA 94010 MLS# 80810375 – Property Details
$1,198,888

* Status: Active
* Bedroom: 4
* Bathroom: 2
* Year Built: 1923
* Lot Size: 4450
* Square Footage: 1730
* List Date: 5/21/2008
* Garage Spaces: 1

BUY or LEASE($4800) with an OPTION to PURCHASE. —————- Call Agent for Details. ———————————————–Elegantly, Completely Remodeled Home. Almost Everything is NEW. ————

——Hey professional renters,——–

——-This owner ———- has a dramatic———– deal ———- for you.

You can —— lease ———– or ———— buy this ——– fine ——- home!

Just—— $4800! —— or ———- you ————- can get a full amortizing ARM for ———– $5792.30. ————

Again—— it——– may——— seem like you will ———– lose money up—– front. But—— in the——-long run——— this will make you—— so rich——-you can——- afford——— as many dashes ———– as you can possibly ——- want.

———What ———— are ———- you———- waiting——— for?

508 Rocca Ave, South San Francisco, CA 94080 Parkway MLS# 80759381 – Property Details

$680,000

* Status: Active
* Bedroom: 3
* Bathroom: 2
* Year Built: 1956
* Lot Size: 5096
* Square Footage: 1150
* List Date: 10/24/2007
* Garage Spaces: 2

* MLS#: 80759381
Come see this great starter home in one of South San Francisco’s most popular neighborhoods. 3 bedroom, 2 baths, hardwood floors throughout, large private,rear yard. NOT A SHORT SALE…..JUST REDUCED $40,000

Wow… who knew that dual tone houses were such a rage. Lately I’ve seen quite a few! You know what it reminds me of?

Oh come on… you don’t see the resemblance?

In any case, this is located in one of South San Francisco’s most popular neighborhoods – you know, that one. No no… you’re think of the other one. This is the most popular one. Yeah! Exactly!

Buy this house today. Whether you’re in your blue phase, or your minimalist phase, you can live with your multiple personalities just fine in this hot city!

66 SPRUCE St Millbrae, CA 94030
Price: $599,000

Beds:     3
Baths:     1
Sq. Ft.:     920
$/Sq. Ft.:     $651
Lot Size:     1,975 Sq. Ft.
Age (Years):    62
Year Built:    1946
Type:    Attached Single Family
Style:    Ranch
Stories:    1 Story
Neighborhood:    Marino Vista Park
County:     San Mateo
MLS#:     80766191
Source:     MLSListings
Status:     Active

On Redfin:     264 days
Great price in Millbrae. Currently use as a 3bd home with dual pane windows and newer appliances. 3-4 car parking tandem. Few steps to playground, few blocks to shools, restaurants and all conveniences. Located close to BART/Amtrak Millbrae station. Very motivated sellers. This is a better alternative to condo living. Millbrae school district!!

For now this has 3 bedrooms – but actually, it could easily be a 4 or 5 bedroom is what this description says to me. And it’s got 3-4 car parking so you can easily run a parking service for near by SFO! But more importantly is the fact that this is near the famous BART/Amtrak Millbrae station. From there you can catch regular Amtrak service to all other parts of the nation. Or something like that.

Hey, it’s better than a condo! All 1975 sqft of land will be yours!

But finally, let’s not forget the fabulous Millbrae school district. Hey school district fetishists! How does this stack up to the Cupertino powerhouse?

Why has this been on the market for 264 days? Sheesh – those lazy renters.

163 Willow Rd, Menlo Park, CA 94025 Menlo Oaks Area MLS# 80824474 – Property Details
Willow Rd, Menlo Park, CA
94025

$2,200,000

* Status: Active
* Bedroom: 4
* Bathroom: 3
* Year Built: 1951
* Lot Size: 19900
* Square Footage: N/A
* List Date: 7/28/2008
* Garage Spaces: 2
* MLS#: 80824474

Great opportunity! Two homes on one lot, 161 and 163 Willow Road: 3 bed, 2 bath and 2 bed, 1 bath. Larger home currently rented for $2,500 per month on month to month basis. 19,900 square foot lot. Please check with City of Menlo Park for lot split possibility. Wonderful Menlo Park Schools.

Menlo Park is famous for its Venture Capitalist community. And personally, I don’t think I’ve see a better profit opportunity in a while. All you need are some angel investors!

First, buy $2.2 million house.

Second: Rent the larger home for $2500 a month, and the smaller one for $2000 a month. That’s $4500 a month. Find some other way to pay the remaining $6129 a month for the mortgage.

Third: PROFIT!!!

Sure you might have negative cash flow at the beginning, but does every start up? After a few years, you’ll be up and to the right – hockey stick style. Then boom! You’ll be super glad you bought these two houses at this Labor Day buy one get one free house sale.

Anyone want to work up a term sheet? Come on you entrepreneurs! Make it happen!