1650 Bay RD 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 ML81976620
Bedrooms 3
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
Interior
Heating Gas
Cooling Ceiling Fan,Window / Wall Unit
Flooring Carpet,Laminate,Tile
Laundry Washer/Dryer - Some Units
Exterior
Garage Assigned Spaces,Covered Parking,Gate / Door Opener,Uncovered Parking,Varies by Unit
Community Features Community Security Gate,Other
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter,Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions Pets - Not Allowed
Tax ID 063-221-050
Security Features Other
Special Listing Condition Not Applicable