$1,699,999
0.21 Acre Lot

1650 Bay, East Palo Alto, California 94303

  • Commercial Sale Property Type
  • 1960 Year Built
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

Basic Details
Commercial Sale
For Sale
ML81991400
$1,699,999
1960
0.21 Acre
Active
: Composition
Features
: Wall Furnace
: Wall/Window Unit(s)
3.0
$0
Address Map
CA
San Mateo
East Palo Alto
94303
Bay
1650
699 - Not Defined
R30000
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
3680
2025-01-22
1650000
: Public
Broker/Agent Information
5 Stars Realty
Vlad Rubashevsky
Financial
20843.0
Listing Information
ML483628
ML88345
Active
2025-05-27T19:59:41Z
CRMLS
: Standard
2025-05-26T17:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069