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Undisclosed Address #ML81981803East Palo Alto, CA 94303

For Sale

$2,490,000

Smart Buyer Rebate $24,900

Four-Bedroom Home with Two Apartments and Stunning Views
Welcome to a prime investment opportunity by the Bay! This spacious four-bedroom, two-bath residence not only offers comfortable living but also exceptional income potential with two additional apartments (ADUs), each featuring two bedrooms. Perfectly situated on a corner lot, this property is a gem for investors, complete with separate entrances for the apartments to ensure privacy for both homeowners and renters.

Whether you're aiming to generate steady rental income or host Airbnb guests, these fully furnished apartments are ready to go. Picture yourself waking up to stunning views of the San Francisco skyline or the tranquil sights of Mt. Hamilton. Located just steps from the Bay Trail, this home is ideal for outdoor enthusiasts.

Key features include a master suite with a private entrance and yard, along with separate private yards for the guest apartments. Don't miss out on this incredible opportunity to invest in a property that not only enhances your lifestyle but also promises significant financial returns.

Listed by Ken Gervais

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License #01038853

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5A Real Estate

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925-322-1857

Last updated July 06, 2025

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Source: MLSListings #ML81981803

Listing Facts

  • TypeMulti-family
  • NeighborhoodUniversity Village
  • Days on Prevu350
  • Taxes$4,000/year
  • Size2,630 sqft
  • Price per sqft$947

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/26/2024
Listed by 5A Real Estate
$2,490,000

Property Details for Undisclosed Address #ML81981803

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Composition
  • Stories: 1
  • Year Built: 1953
  • Year Built Details: 6
  • Architectural Style: Contemporary

Features

  • View: Other

Measurements

  • Building Area Total: 2,630
  • Lot Size Acres: 0.18
  • Lot Size Area: 8,000
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,000
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.68
  • Gross Income: $148,200.00
  • Operating Expense Includes: Utilities

Taxes

  • Parcel Number: 063-021-010
  • Tax Annual Amount: $4,000.00

Interior

Features

  • Appliances: Cooktop - Electric, Oven - Electric, Oven Range - Built-In
  • Flooring: Tile

Measurements

  • Living Area: 2,630

Other

Features

  • Accessibility Features: Wheelchair Access

Parking

Parking

  • Carport Spaces: 2
  • Carport: Yes
  • Parking Features: Off-Street Parking
  • Parking Total: 2

Schools

Elementary School

  • Elementary School District: Ravenswood City Elementary

High School

  • High School District: Sequoia Union High

Utilities

Equipment

  • Cooling: Central Forced Air
  • Heating: Forced Air
  • Utilities: Public Utilities
  • Water Source: Water On Site

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.