1650 Bay, East Palo Alto, CA 94303

$1,495,000
3,680
SqFt

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Sold Price
$1,495,000
List Price
$1,525,000
Status
CLOSED
MLS#
ML81991400
Closing Date
Mar 10, 2026
Year Built
1960
Property Type
Other
Living Area
3,680
Lot Size
8,979
Acres
0.21
County
San Mateo
Subdivision
Ca

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

Additional Information

Flooring
Laminate, Tile
Parking Features
Assigned
Roof
Composition Shingles

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Calculator source: Real Geeks

Listing courtesy of Vlad Rubashevsky from 5 Stars Realty. 650-279-7872

Selling Office: Corcoran Icon Properties.

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