1650 Bay RD, East Palo Alto, CA 94303 – ML81976620 - Pete Ruiz

REQUEST A TOUR

In-PersonVirtual Tour

Pete Ruiz

peteruiz@kw.com +1(831) 277-8712

$ 1,750,000

Est. payment | -/mo

3 Beds

5 Baths

3,680 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

3 Beds

5 Baths

3,680 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $475

MLS Listing ID ML81976620

Bedrooms 3

Full Baths 5

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 East Of U.S. 101 East Palo Alto

Zoning R30000

Interior

Heating Gas

Cooling Ceiling Fan, Window / Wall Unit

Flooring Carpet, Laminate, Tile

Laundry Washer/Dryer - Some Units

Exterior

Garage Assigned Spaces, Covered Parking, Gate / Door Opener, Uncovered Parking, Varies by Unit

Community Features Community Security Gate, Other

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter, Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Pets - Not Allowed

Tax ID 063-221-050

Security Features Other

Special Listing Condition Not Applicable

Listed by Vlad Rubashevsky • 5 Stars Realty

GET MORE INFORMATION

Pete Ruiz

Agent | License ID: 01974535

peteruiz@kw.com

+1(831) 277-8712

7777 Alvarado Rd, La Mesa, CA, 91942, USA