East Palo Alto, CA 94303,1637 Woodland
Listed by Andrew Black Compass Commercial
$1,650,000
$1,595,000
3.4%
Est.Price: ?

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6 BD
4,150 SqFt

1637 Woodland East Palo Alto, CA 94303

Est. payment /mo
SOLD DATE : 11/28/2022

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Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,150 sqft

Price per Sqft $397

MLS Listing ID 422706372

Sold Date 11/28/22

Bedrooms 6

HOA Y/N No

Year Built 1958

Lot Size 8,107 Sqft

Acres 0.1861

Property Description

1637 Woodland Ave features a six (6) unit apartment building located in East Palo Alto on the west side of Highway 101, just off of University Ave on the border of Palo Alto. Tucked away in foliage on a residential street, the building contains approx. 4,150 square feet, situated on a 8,107 (0.19 acre) lot per county assessor. The unit mix consists of all six (6) 1-bedroom/1-bathroom units including a detached 1-bedroom cottage with a large yard at the rear of the property. The units are in original condition, but well maintained by the long time owners with repairs as necessary. There are two (2) vacant units that will be delivered to the buyer for immediate value-add. The roof is good condition and has been replaced within the last 10 yrs. The property offers five (5) covered carport parking spaces with six (6) storage lockers for all tenants and a washer/dryer room. Utilities are individually metered for gas and electricity, with six (6) individual water heaters for each unit. The owner is responsible for water/sewer and garbage. This is the first time this property has been on the market since current owner's purchase back in 1977, providing a new investor a fantastic value-add opportunity.

Location

State CA

County San Mateo

Area West Of Us 101

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Coin Operated, Common Area

Exterior

Roof Type Composition,Shingle

Parking Type Carport, Covered, On Street

Total Parking Spaces 6

Building

Lot Description Landscape Front, None

Story 2

New Construction Yes

Others

Tax ID 063481070

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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