East Palo Alto, CA 94303,Address not disclosed
East Palo Alto, CA 94303,Address not disclosed
East Palo Alto, CA 94303,Address not disclosed
East Palo Alto, CA 94303,Address not disclosed
East Palo Alto, CA 94303,Address not disclosed
East Palo Alto, CA 94303,Address not disclosed
See all 14 photos

$5,496,500

$5,975,000

8.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

14,476 SqFt


SOLD DATE : 05/19/2020

Key Details

Sold Price $5,496,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 14,476 sqft

Price per Sqft $379

MLS Listing ID ML81785834

Sold Date 05/19/20

HOA Y/N No

Year Built 1964

Annual Tax Amount $78,941

Lot Size 0.458 Acres

Acres 0.458

Property Description

Quality 20-unit apartment building consisting of (4) 2 BR x 1 BA and (16) 1 BR x 1 BA units. Located in one of the Peninsula's most convenient locations contiguous to the Menlo Park border. In close proximity to University Circle (±452,000 SF of high end office space), Four Seasons Hotel, Major employers (Amazon & Facebook), Gateway 101 Shopping Center (Ikea, Target, Home Depot). Easy access to Downtown Palo Alto, Stanford University, Stanford Shopping Center & Highway 101. All units have a large private patio or balcony. Improvements since 2016 include: new roofs and downspouts, new dual pane windows, new exterior paint, balcony replacement/repair, new fencing, rod iron fence and gates & remodel of 8 unit interiors. Spacious and desirable floor plans. Low maintenance landscaping. Swimming pool. Large Owner/Manager storage room.Resident storage lockers. Attractive upside potential. Additional storage room rented to resident. One bedroom units have a large bedroom with a walk in closet.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-HD

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 22

Roof Type Flat

Schools

Elementary Schools Other

High Schools Menlo-Atherton

School District Other

Others

Tax ID 063441310

Financing Cash

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Keith Suddjian • Cornish & Carey Commercial
Bought with Keith Suddjian • Cornish & Carey Commercial
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.