5
See all 5 photos
$2,800,000
Est. payment /mo
0.28 Acres Lot
New
15 Newell RD East Palo Alto, CA 94303
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82015889
HOA Y/N No
Year Built 1961
Lot Size 0.282 Acres
Property Description
PRICE ADJUSTMENT! Very limited opportunities to purchase on the West Side in East Palo Alto! This building consists of 10 Units, 2:1x1 6:2x1 1:3x1 1:3x2 units with 10 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-3
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Carport Spaces 10
Roof Type Tar/Gravel
Building
Lot Description Level
Water Public
Schools
High Schools Menlo-Atherton
School District Other
Others
Tax ID 063513440
Special Listing Condition Standard
Listed by Sergio Sanchez KW Santa Clara Valley Inc
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