14
See all 14 photos
$11,200,000
Est. payment /mo
1.16 Acres Lot
New
30 Newell RD East Palo Alto, CA 94303
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82016850
HOA Y/N No
Year Built 1963
Lot Size 1.155 Acres
Property Description
PRICE ADJUSTMENT! Very limited opportunities to purchase on the West Side in East Palo Alto! This building consists of 40 Units, 8:1x1 and 32:2x1 units with 56 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!
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R30000
Interior
Cooling None
Fireplace No
Exterior
Carport Spaces 56
Building
Water Public
Schools
High Schools Menlo-Atherton
School District Other
Others
Tax ID 063515360
Special Listing Condition Standard
Listed by Sergio Sanchez KW Santa Clara Valley Inc