$2,380,000

119 Lotus Way East Palo Alto, CA 94303

Estimated payment $13,681/month

Total Views 11,697
5 Beds
4 Baths
2,100 Sq Ft
$1,133 Price per Sq Ft

Highlights

  • Two Primary Bedrooms
  • 0.27 Acre Lot
  • Wood Flooring
  • Menlo-Atherton High School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

Rare investment opportunity - LIVE, RENT, and EARN! Generate $10-15k monthly stable rental income. Spacious, modern house with high-end finishes: 2 large master bedrooms, plus 3 additional bedrooms (total 5), 4 baths. Fully furnished. Washer/dryer. Plenty of parking. Close location to the shopping malls and easy access to freeway 101. Nice and quiet neighborhood. The house is situated on UNIQUE HUGE LOT, over 11,500 sq.ft allows to build an additional dwelling either to live or rent. Don't miss the chance to generate passive income. Contact us today to schedule a private showings and explore the potential of this fantastic property!!!

Listing Agent

Mariya Ruchka

Home Sweet Home Rlty & Funding License #01806423 Listed on: 04/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,016

Year Built

  • Built in 1954 | Remodeled

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Bonus Room
  • Carbon Monoxide Detectors

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Wood Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Studio bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Side by Side Parking
  • Uncovered Parking

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 220 Volts

Additional Features

  • Energy-Efficient Appliances
  • 0.27 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 063-522-380

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,016

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1954
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Number Of Rooms: 9
  • Appliances: Dishwasher, Hood Over Range, Microwave
  • Bathroom Features: Shower Stall(s)
  • Flooring: Laminate, Wood
  • Kitchen Features: Island, Wood Counter
  • Laundry Features: Dryer Included, Washer Included
  • Price Per Square Foot: 1133.33
  • Room Type: Bonus Room, Living Room, Primary Bedroom 2+, Studio
  • Square Footage: 2100.00

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Uncovered Parking Spaces 2+
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 3.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: 220 Volts
  • Heating: Natural Gas, Radiant
  • Security Features: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 063-522-380
  • Current Use: Vacation Rental
  • Lot Size Acres: 0.2653
  • Lot Size Sq Ft: 11555.00
  • Lot Size Units: SqFt
  • Price Per Acre: 8970976.25

Green Features

  • Energy Efficient: Appliances, Water Heater

Rental Info

  • Rent Type: Month to Month

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,016 $939,382 $707,268 $232,114
2023 $12,016 $902,905 $679,804 $223,101
2022 $11,178 $885,202 $666,475 $218,727
2021 $10,948 $867,846 $653,407 $214,439
2020 $10,792 $858,949 $646,708 $212,241
2019 $10,824 $842,108 $634,028 $208,080
2018 $10,617 $825,597 $621,597 $204,000
2017 $2,137 $71,280 $10,568 $60,712
2016 $2,173 $69,883 $10,361 $59,522
2015 $2,159 $68,835 $10,206 $58,629
2014 $2,119 $67,488 $10,007 $57,481
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $2,380,000 +194.0% $1,133 / Sq Ft
02/27/2017 02/27/17 Sold $809,409 -2.2% $465 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $828,000 -- $476 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $809,500 Stewart Title Of Ca Inc
Grant Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $551,400 New Conventional
Previous Owner $69,176 New Conventional
Previous Owner $130,000 Unknown
Previous Owner $65,000 No Value Available
Source: Public Records

Source: San Francisco Association of REALTORS® MLS

MLS Number: 425031506

San Francisco Association of REALTORS® MLS

APN: 063-522-380