Beds: 3 Baths: 1 Sq. Ft.: 940 $/Sq. Ft.: $266 Lot Size: 5,000 Sq. Ft. Property Type: Detached Single Family Style: Ranch Stories: 1 View: Neighborhood Year Built: 1927 Community: East of U.S. 101 County: San Mateo MLS#: 81057944 Source: MLSListings Status: ActiveThis listing is for sale and the sellers are accepting offers. On Redfin: 23 daysPRICE TO SELL FAST!!! Start building equity right now with this great home in up and coming area of East Palo Alto. This home is well maintained and would be a wonderful starter home or a fantastic income property. New roof!! This property was rented out for $2,000/month. Recently got new carpet, paint and appliances. Priced to sell!!!
Thanks to Burbed reader A.L. for this find!
First, let’s look a the history of this fine, affordable, property.
Wow, just look at the equity possibilities here. Here is $315k of instant equity just sitting around waiting for you to tap.
But what A.L. really wanted to point out was the fact that this place currently rents out for $2000 a month! Can you believe that? $2000 a month in East Palo Alto. Talk about an amazing revenue stream. I wonder who is paying that rate – what are your thoughts?