1851 Clarke Avenue new

East Palo Alto,CA 94303

$ 8320000

- Bed

- Bath

33709 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 33,709 sqft

Price per Sqft $246

MLS Listing ID ML82016881

HOA Y/N No

Year Built 1962

Lot Size 0.990 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 32 Units, 2:Studios 18:1x1 and 12:2x1 units with 38 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

Interior

Heating Forced Air

Cooling None

Flooring Tile

Fireplace No

Appliance Refrigerator

Exterior

Handicap Access Other

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