15 Newell RD new

East Palo Alto,CA 94303

$ 2800000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82015889

Year Built 1961

Lot Size 0.282 Acres

Property Description

PRICE ADJUSTMENT! Very limited opportunities to purchase on the West Side in East Palo Alto! This building consists of 10 Units, 2:1x1 6:2x1 1:3x1 1:3x2 units with 10 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

Area 699 - Not Defined

Zoning R-3

Interior

Heating Forced Air

Cooling None

Exterior

Roof Type Tar/Gravel

Building

Lot Description Level

Water Public

Schools

High Schools Menlo-Atherton

School District Other

Others

Special Listing Condition Standard

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