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Listed by Mariya Ruchka Home Sweet Home Rlty & Funding
$1,800,000
Est. payment /mo
5 Beds
4 Baths
2,100 SqFt
Active
119 Lotus WAY East Palo Alto, CA 94303
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $857
MLS Listing ID 426117246
Style Traditional
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1954
Lot Size 0.265 Acres
Acres 0.2653
Property Sub-Type Single Family Residence
Property Description
Rare Investment Opportunity - LIVE, RENT & EARN! Discover a unique income-producing property with the potential to generate $10,000-$15,000 in stable monthly rental income. Perfect for investors or owner-occupants looking to offset their mortgage while building wealth. This spacious and modern home offers 5 bedrooms and 4 bathrooms, including two large master suites, all enhanced with high-end finishes throughout. The home comes fully furnished and includes in-unit washer and dryer, making it truly turnkey for immediate occupancy or rental. Enjoy plenty of parking and a prime location close to shopping centers, with easy access to Highway 101, all within a quiet and desirable neighborhood. Situated on a rare oversized lot of over 11,500 sq. ft., this property provides incredible upside potential. The expansive lot allows for the addition of an Accessory Dwelling Unit (ADU)ideal for extended living or additional rental income. Don't miss this exceptional opportunity to live comfortably while generating passive income. Contact us today to schedule a private showing and explore the full potential of this remarkable property!
Location
State CA
County San Mateo
Area East Of Us 101 East Palo Alto
Interior
Heating Natural Gas, Radiant
Cooling Ceiling Fan(s)
Flooring Laminate, Wood
Fireplace No
Appliance Dishwasher, Range Hood, Microwave, Dryer, Washer
Exterior
Utilities Available Public
Total Parking Spaces 3
Private Pool false
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
New Construction Yes
Others
Tax ID 063522380
NEARBY SCHOOL & BUSINESS
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