Amazing income opportunity in East Palo Alto
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: Active On Redfin: 23 days PRICE 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?



