8
See all 8 photos
Listed by Michael Henshaw • Marcus & Millichap
$9,000,000
Est. payment /mo
3 Beds
4 Baths
22,350 SqFt
New
1760 Bay 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 advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 22,350 sqft
Price per Sqft $402
MLS Listing ID ML82003629
Bedrooms 3
Full Baths 4
Year Built 1964
Lot Size 1.030 Acres
Property Sub-Type Five or More Units
Property Description
Marcus & Millichap has been exclusively selected to market for sale Aequitas Apartments, a 100% affordable housing 40-unit residential community located at 1760 Bay Road in East Palo Alto, CA. Situated on 1.03 acres, this property was originally constructed in 1964 and offers approximately 22,350 rentable square feet, featuring a mix of studio, one-bedroom, and two-bedroom floor plans. Please refer to the unit mix page for a complete breakdown of unit types. This professionally managed complex has been well maintained, with its exteriors, courtyard, and landscaping in pristine condition. A key investment advantage is the high percentage of tenants with subsidized rental payments, providing stable income and valuable tax incentives. Located in the heart of the Bay Area, Aequitas Apartments is a prime rental option for Peninsula residents, offering close proximity to major employers, transportation corridors, shopping, dining, and entertainment.
Location
State CA
County San Mateo
Zoning Multi-Family Dwelling
Interior
Heating Other
Cooling Other
Exterior
Parking Features Assigned Spaces
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Other
Sewer Sewer - Public
Water Individual Water Meter
Others
Restrictions None
Tax ID 063-221-100
Security Features Other
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.