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Pinnacle Realty Advisors

support@pinnaclera.com +1(972) 338-5441

Listed by Sergio Sanchez • KW Santa Clara Valley Inc

$ 7,590,000

Est. payment -/mo

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1837 Clarke AVE East Palo Alto, CA 94303

1 Bed

2 Baths

18,674 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 18,674 sqft

Price per Sqft $406

MLS Listing ID ML82017236

Style Traditional

Bedrooms 1

Full Baths 2

Year Built 1963

Lot Size 1.020 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

PRICE ADJUSTMENT! Very limited opportunities to purchase on the West Side in East Palo Alto! This building consists of 33 Units, 9:Studios and 24:1x1 units with 38 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 West Of U.S. 101

Zoning Opportunity

Interior

Heating Central Forced Air - Gas

Cooling None

Flooring Tile, Vinyl / Linoleum

Exterior

Parking Features Assigned Spaces, Covered Parking, On Street, Parking Area, Uncovered Parking

Garage Spaces 19.0

Pool Pool - Fenced, Pool - In Ground

Utilities Available Public Utilities

Roof Type Rolled Composition,Shingle

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Architectural Style Traditional

Others

Tax ID 063-515-040

Special Listing Condition Not Applicable