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$ 3,204,000
Est. payment | /mo
0.31 Acres Lot
$ 3,204,000
Est. payment | /mo
0.31 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82015887
HOA Y/N No
Year Built 1960
Lot Size 0.305 Acres
Property Description
PRICE ADJUSTMENT! Very limited opportunities to purchase on the West Side in East Palo Alto! This building consists of 12 Units, 4:Studios 2:1x1 and 6:2x1 units with 12 parking stalls. Woodland Park Multifamily Portfolio comprises 16 apartment buildings in a highly sought after area of the Peninsula between University Ave & Embarcadero Rd. Each asset within the portfolio can be sold individually or collectively (OM provided in disclosure link). These properties are adjacent to Woodland Creek, the natural boundary between the most prestigious and affluent neighborhood in Palo Alto, if not the Bay Area, Crescent Park, and East Palo Alto. With easy access to Highway 101, residents are situated just moments away from the vibrant cities of Palo Alto and Menlo Park. Embark on this fantastic opportunity to add value to each unit and capitalize on the potential of this high-demand area. Located in an opportunity Zone, The Woodland Park Portfolio offers potential for future growth and investment benefits!
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-4
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Carport Spaces 8
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Level
Water Public
Schools
High Schools Menlo-Atherton
School District Other
Others
Tax ID 063513350
Security Features Security Lights
Special Listing Condition Standard
Listed by Sergio Sanchez KW Santa Clara Valley Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "