18201830 W Bayshore Road, East Palo Alto, CA 94303

List Price
$15,180,000
Status
ACTIVE
MLS#
ML82017106
Year Built
1959
Lot Size
41,817
Acres
0.96
Days on Market
46
Property Type
Commercial

Property Description

PRICE ADJUSTMENT! Very limited opportunities to purchase on the West Side in East Palo Alto! This building consists of 66 Units, 10:Studios 46:1x1 and 10:2x1 units with 76 parking spaces. 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!

Additional Information

Cooling
Yes
Cooling Description
None
Roof
Shingle
Water
Public
School District
Other
High School
Menlo-Atherton
Attached Structure
Detached
Gross Scheduled Income
$1,306,617

Listing courtesy of Listing Agent: Sergio Sanchez (sergiosanchez@kw.com) from Listing Office: KW Santa Clara Valley Inc.

Mortgage Calculator

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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.