1760 Bay Road, East Palo Alto, CA 94303
- $8,750,000
- List Price
- $8,750,000
- Price Change
- ▼ $250,000 1753342842
- Status
- ACTIVE
- MLS#
- ML82003629
- Year Built
- 1964
- Lot Size
- 44,866
- Acres
- 1.03
- Days on Market
- 149
- Property Type
- Commercial
Property Description
SELLER FINANCING - 10 year fixed 4% IO with 25% Down - SB 386/721 work has been done - MICHAEL HENSHAW OF Marcus & Millichap has been exclusively selected to market for sale Aequitas Apartments, a 100% affordable housing 40-unit residential community located at 1760 Bay Road in East Palo Alto, CA. Situated on 1.03 acres, this property was originally constructed in 1964 and offers approximately 22,350 rentable square feet, featuring a mix of studio, one-bedroom, and two-bedroom floor plans. Please refer to the unit mix page for a complete breakdown of unit types. This professionally managed complex has been well maintained, with its exteriors, courtyard, and landscaping in excellent condition. Located in the heart of the Bay Area, Aequitas Apartments is a prime rental option for Peninsula residents, offering close proximity to major employers, transportation corridors, shopping, dining, and entertainment.
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Additional Information
- Taxes
- $2,662
- Cooling
- Yes
- Roof
- Composition
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $516,695
Listing courtesy of Listing Agent: Michael Henshaw (mhenshaw@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.