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Listed by Sergio Sanchez • KW Santa Clara Valley Inc
$11,200,000
Est. payment /mo
33,612 SqFt
New
30 Newell Road East Palo Alto, CA 94303
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 33,612 sqft
Price per Sqft $333
MLS Listing ID ML82016850
HOA Y/N No
Year Built 1963
Lot Size 1.155 Acres
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating Forced Air
Cooling None
Flooring Tile
Fireplace No
Appliance Refrigerator
Exterior
Handicap Access Other
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