Palo Alto Home Sells For $1.6 Million Despite Cracked Foundation, Nearby Train
Andria Borba | CBS San Francisco | February 19, 2014 | link
This home Emerson Street in Palo Alto sold for $1.6 million. (CBS)
PALO ALTO (KPIX 5) – Two recent Palo Alto home
sales give a better understanding of just how crazy the Bay Area real estate market has become.
A buyer snapped up 202 Emerson Street in an all-cash deal for a cool $1.6 million, which included the bars on a door, cracks in the foundation and some missing bricks on the 1,100 square foot home. The house
is also just steps from noisy Caltrain tracks.