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$2,950,000$3,900,000$950K price cut

505 Runnymede Street #C, East Palo Alto, CA 94303

$3.9M$3.0M$950K below original ask (24%)
5beds
5.5baths
2,880sqft
$1024/sqft

About this home

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.

Property details

Property type
Single Family
Year built
1926
Listed
357 days ago
MLS #
82017240
Listed by
Christopher Ellis · Ellis Realty

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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 7/29/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. MLS Listing #82017240. Listing courtesy of Ellis Realty.