1650 Bay Active Save Request In-Person Tour Request Virtual Tour
East Palo Alto,CA 94303
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $475
MLS Listing ID ML81991400
Bedrooms 4
Full Baths 5
Year Built 1960
Lot Size 8,979 Sqft
Property Description
Solid freshly upgraded complex with a good mixture of unit types and solid income. All tenants are paying rent regularly. 4 out of 5 units were recently renovated. Each unit in this attractive investment comes with dedicated parking spot, enhancing convenience for all residents. 3 of the parking spots are covered carports, providing additional protection and value. The recent renovations extend beyond the interiors, as the building is equipped with a newly installed roof and dual-pane windows throughout, ensuring energy efficiency and reduced noise pollution. All units benefit from updated plumbing and electrical systems, guaranteeing hassle-free living for tenants and peace of mind for the new owner. A brand-new, 6-foot security gate encircles the property, offering an extra layer of safety and privacy. A newly constructed laundry room adds a convenient amenity for all residents, potentially increasing the property's appeal and rental value. This multifamily listing is not just a living space but a carefully considered investment that has been upgraded and maintained to attract and retain quality tenants. Seize the opportunity to own this turnkey multifamily property, where every detail has been addressed to ensure an optimal blend of comfort, security, and profitability
Location
State CA
County San Mateo
Area East Of U.S. 101 East Palo Alto
Zoning R30000
Rooms
Kitchen Appliances - Vary by Unit,Countertop - Formica,Countertop - Granite,Dishwasher,Exhaust Fan,Garbage Disposal,Hood Over Range,Oven Range - Gas,Refrigerator
Interior
Heating Gas,Wall Furnace
Cooling Window / Wall Unit
Flooring Carpet,Laminate,Tile
Laundry Washer/Dryer - Some Units
Exterior
Parking Features Assigned Spaces,Carport ,Gate / Door Opener,Uncovered Parking
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Restrictions Pets - Not Allowed
Tax ID 063-221-050
Security Features Security Lights,Other
Special Listing Condition Not Applicable