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119 Lotus Way, East Palo Alto, CA, 94303

5beds
4baths
2,100sqft
$1,800,000
$857price/sqft
$11,465/moest. monthly cost
$458,600/yrincome needed

About This Home

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!

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
69
BikeBikeable

Schools

8/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1954

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Range Hood,Microwave,Dryer,Washer

Bathroom

  • Features: Shower Stall(s)

Bedroom1

  • Area: 0

Bedroom2

  • Area: 0

Bedroom3

  • Area: 0

Bedroom4

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Area: 0

Family Room

  • Area: 0

Features

  • Flooring: Laminate,Wood

Heating & Cooling

  • Heating features: Natural Gas,Radiant
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 2,100
  • Total interior livable area: 2,100 sqft

Kitchen

  • Features: Kitchen Island, Natural Woodwork
  • Area: 0

Living Room

  • Area: 0

Master Bedroom

  • Area: 0

Property

Details

  • Parcel number: 063522380
  • Special condition: Standard

Lot

  • Lot size: 0.27 Acres

Parking

  • Total spaces: 3
  • Parking features: Uncovered Parking Spaces 2+,Side By Side,On Site (Single Family Only)
  • Has uncovered spaces: Yes