11
See all 11 photos
$5,500,000
Est. payment /mo
0.46 Acres Lot
Active
25 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 ML82015892
HOA Y/N No
Year Built 1962
Lot Size 0.457 Acres
Property Description
PRICE ADJUSTMENT! Very limited opportunities to purchase on the West Side in East Palo Alto! This building consists of 22 Units, 1:Studio 13:1x1 and 8:2x1 units with 22 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-4
Interior
Cooling None
Fireplace No
Exterior
Carport Spaces 22
Roof Type Tar/Gravel
Building
Water Public
Schools
High Schools Menlo-Atherton
School District Other
Others
Tax ID 063513450
Special Listing Condition Standard
Listed by Sergio Sanchez KW Santa Clara Valley Inc