Eco Friendly
Listed By:
Sam Runco with Marcus & Millichap - 650-759-3414
Address
1650 Bay RD, East Palo Alto, CA
Price
$ 1,850,000
Property Attributes
  • MLS#ML81958252
  • TypeMulti-Family
  • CountySAN MATEO
  • CityEast Palo Alto
  • AreaEast of U.S. 101 East Palo Alto
  • Zip94303
  • Style
  • Price$ 1,850,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3680
  • Lot Size8,978 SqFt
Data Source:
MLSListings Inc.
Property Description

1650 Bay Road is a meticulously maintained multifamily property, boasting 5 unique units, with 3 recently renovated to contemporary standards. Each unit in this investment offers individual metering and comes with its own 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, 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.

Price History
4/24/2024 Listed $1,850,000

General Features

Heating Other
Cooling Other
Utilities Individual Electric Meters,Individual Gas Meters
Roof Other
Water Individual Water Meter
# of Buildings 2
Security Features Security Fence
Restrictions Other
Year Built 1960
Age 64
Property SubType Five or More Units
Zoning Text R30000
Accessibility Other
County San Mateo
Property Type Commercial Multi-Residential (5+ units)
Special Listing Conditions Not Applicable
Status Active
City EAST PALO ALTO
MLS Area East of U.S. 101 East Palo Alto
Listing Agent State License 01977683
Co-Listing Agent State License # 01873218
Co-Listing Agent Last Name Philip
Co-Listing Agent Last Name Batlin

Interior Features

Unit 1 Rent 2000
Unit 2 Approx Square Footage 520
Unit 3 Approx Square Footage 548
Living SqFt 3680
Unit 4 Approx Square Footage 444
Unit 2 Number of Bedrooms 1

Exterior Features

Parking Features Assigned Spaces
Parking Spaces 3
Lot Size Area 8979.00
Maximum Lot Size 8979.00
Sewer/Septic Sewer - Public
Meters Separate Common Area,Separate Electric,Separate Gas
Foundation Details Other
Building Area Total 3680
Lot Acres 0.2061
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94303

Price
AVG $1.87M
$1.85M
Visits
AVG 52
47
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1960