SOLD: 727 De Soto Dr, Palo Alto 94303
727 De Soto Dr — $3,950,000. Sold for $3250K, COE 9/9/16
– 4 bedrooms, 3 bathrooms
– 2369sf living space on a 17823sf lot
– Expanded Eichler on approximately 1/3 acre lot, Indoor laundry, Huge master suite with office/nursery attached.
Mark’s Preview Notes:
I would say this is what we classify as a more unique opportunity but not at this list price. Huge lot makes it rare and thankfully much of the original Eichler elements are still there. It has been expanded and does feel like a somewhat cumbersome floor plan, but I believe a good architect and interior designer could reconfigure the space fairly easily. What’s most impressive is the detached studio unit off the back. It has separate entrance, power and full bath plumbing, and I suggest adding a kitchenette so you’re looking at a nice rental income of $3000 per month easily. All of this still does not add up to that list price so I think it’s over priced by $1m.
Listed 8/10/16 (Toni Viscomi of Intero Real Estate represents the Seller)
Categories: Sold in Palo Alto