CA > East Palo Alto
East Palo Alto, CA 94303,1851 Clarke AVE
East Palo Alto, CA 94303,1851 Clarke AVE
East Palo Alto, CA 94303,1851 Clarke AVE
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Listed by Sergio Sanchez • KW Santa Clara Valley Inc
$8,320,000
Est. payment /mo
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3 Beds
2 Baths
33,709 SqFt
New

1851 Clarke AVE East Palo Alto, CA 94303

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Michelle Rico

Michelle Rico

+1(831) 406-2859

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 33,709 sqft

Price per Sqft $246

MLS Listing ID ML82016881

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1962

Lot Size 0.990 Acres

Property Sub-Type Five or More Units

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

Area West Of U.S. 101

Building/Complex Name Woodland Park Community

Zoning Opportunity Zoning

Interior

Heating Central Forced Air - Gas

Cooling None

Flooring Tile, Vinyl / Linoleum

Exterior

Parking Features Assigned Spaces, Carport , Covered Parking, On Street, Parking Area

Pool Pool - Fenced, Pool - In Ground

Utilities Available Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Parking Restrictions

Tax ID 063-515-030

Security Features Security Fence

Special Listing Condition Not Applicable

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Michelle Rico

Agent | DRE# DRE# 02210817

+1(831) 406-2859

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1851 Clarke AVE