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1650 Bay Rd East Palo Alto, CA, 94303
$1,850,000 Commercial for sale Other
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.
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Property details
3,680 sqft interior area
Land area
8,979 sqft (0.21 acres)
Days on Verhouse
22
Address
1650 Bay Rd, East Palo Alto, CA, 94303
City of California
East Palo Alto
County
San Mateo
Year Built
1960
District
Listing
Nearby major retailers
Costco
Public Storage
7-Eleven
Petco
MetroPCS
GameStop
GNC
Verizon Wireless
Kohl's
Pet Food Express
Apple Store
Tiffany & Company
99cent Store & Over
Supercuts
Trader Joe's
Chevron
Neiman Marcus
Macy's
Nordstrom
The Home Depot
Ace Hardware
O'Reilly Auto Parts
Marshalls
T-Mobile
AT&T
Whole Foods Market
CVS Pharmacy
Jiffy Lube
Kmart
Safeway
Bloomingdale's
Ross
Dollar Tree
Staples
Wholesale: 2
Storage rental: 4
Convenience: 9
Pet: 2
Mobile phone: 10
Video games: 1
Nutrition supplements: 2
Department store: 10
Electronics: 2
Jewelry: 1
Hairdresser: 1
Supermarket: 6
Do it yourself: 2
Car parts: 2
Chemist: 2
Car repair: 2
Variety store: 1
Stationery: 1
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Interior Features
—
Garage & Parking
Assigned
Appliances
Refrigerator
Listed by
Sam Runco, Marcus & Millichap
Name
Sam Runco
License number
01977683
Brokerage company
Marcus & Millichap
MLS #
ML81958252
Payment calculator
Calculate your monthly payments
Mortgage
$5,680
Taxes
$0
HOA dues
$0
Mortgage
$370,000 / 20%
2.28%
30 years
Your amount
$5,680 / month
Lot details
TMK #063221050
Parcel nr.
063221050
94303 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94303
51%
Families with children
National average: 39%
32%
Non family households
176,275
Population
$241,032
Average Income
Age & gender
Median age 38 years
More info
Commute types
72% commute by car
More info
Education level
33% have professional education
More info
Number of employees
5% work in management
More info
Vehicles available
39% have 2 vehicle
More info
Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$2.97m
Neighborhood average
sales price*
sales price*
$2.54m
Neighborhood median
sales price*
sales price*
181
Number
of sales*
of sales*
Housing type
61% are single detacheds
More info
Rooms
33% of the houses have 4 or 5 rooms
More info
Bedrooms
52% have 2 or 3 bedrooms
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Owners vs Renters
54% are owners
More info
12.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 24, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 24, 2024 | New Listing | $1,850,000 -2.63% | 0 | MLS #ML81958252 |
| Mar 20, 2024 | Withdrawn | $1,900,000 | 0 | MLS #ML81900868 |
| Dec 15, 2022 | Unavailable | $1,900,000 | 0 | MLS #ML81900868 |
| Jul 20, 2022 | New Listing | $1,900,000 | 0 | MLS #ML81900868 |
Taxes of 1650 Bay Rd, East Palo Alto, CA, 94303
R300 zoning / MLS #ML81958252
Zoning
R300
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Frequently Asked Questions about 1650 Bay Rd
What is 1650 Bay Rd?
1650 Bay Rd is a Commercial/Industrial propertywith 3,680 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1650 Bay Rd, East Palo Alto, CA, 94303.
What comparable properties are nearby?
Comparable nearby commercial properties include 2109 Dumbarton Ave, 115 El Camino Real, 2796 Middlefield Rd, 48 Laurel St, 507 Woodside Rd, 1741 Broadway St.
Based on information from the bridgeMLS as of 05-15-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 09, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Cardenas, 0.67 miles away and El Rancho Supermarket, 1.11 miles away.
The 94303 zip area has a population of 176,275, and 51% of the families have children. The median age is 38.79 years and 72% commute by car. The most popular housing type is "single detached" and 54% is owner.
