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$ 5,500,000
Est. payment /mo
New
25 Newell Road East Palo Alto, CA 94303
24,282 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 24,282 sqft
Price per Sqft $226
MLS Listing ID ML82015892
HOA Y/N No
Year Built 1962
Lot Size 0.457 Acres
Acres 0.46
Property Sub-Type Other
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
Zoning R-4
Interior
Heating Forced Air
Cooling None
Flooring Laminate, Tile
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
Exterior
Handicap Access Other
Building
New Construction No
Others
Tax ID 063513450
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Listed by Sergio Sanchez • KW Santa Clara Valley Inc