1650 Bay Road Active

East Palo Alto,CA 94303

$ 1750000

- Bed

0 Bath

3680 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $475

MLS Listing ID ML81976620

Year Built 1960

Lot Size 8,979 Sqft

Property Description

Solid freshly upgraded complex with a good mixture of unit types and solid income. All tenants are paying rent regularly. 4 out of 5 units were recently renovated. Each unit in this attractive investment comes with dedicated parking spot, enhancing convenience for all residents. 3 of the parking spots are covered carports, providing additional protection and value. The recent renovations extend beyond the interiors, as the building is equipped with a newly installed roof and dual-pane windows throughout, ensuring energy efficiency and reduced noise pollution. All units benefit from updated plumbing and electrical systems, guaranteeing hassle-free living for tenants and peace of mind for the new owner. A brand-new, 6-foot security gate encircles the property, offering an extra layer of safety and privacy. A newly constructed laundry room adds a convenient amenity for all residents, potentially increasing the property's appeal and rental value. This multifamily listing is not just a living space but a carefully considered investment that has been upgraded and maintained to attract and retain quality tenants. Seize the opportunity to own this turnkey multifamily property, where every detail has been addressed to ensure an optimal blend of comfort, security, and profitability

Location

State CA

County San Mateo

Area Listing

Zoning R300

Interior

Heating Natural Gas

Cooling Ceiling Fan(s)

Flooring Laminate,Tile

Building

Sewer Public Sewer

Water Public

New Construction No

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