About 30 Newell Rd
PRICE ADJUSTMENT! Very limited opportunities to purchase on the West Side in East Palo Alto! This building consists of 40 Units, 8:1x1 and 32:2x1 units with 56 parking spaces. 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!
Features of 30 Newell Rd
| MLS® # | ML82016850 |
|---|---|
| Price | $11,200,000 |
| Square Footage | 33,612 |
| Acres | 1.16 |
| Year Built | 1963 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 30 Newell Rd |
|---|---|
| Area | West of U.S. 101 |
| City | EAST PALO ALTO |
| County | San Mateo |
| State | CA |
| Zip Code | 94303 |
Amenities
| Utilities | Public Utilities |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Central Forced Air - Gas |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
Exterior
| Roof | Rolled Composition |
|---|---|
| Construction | Wood Frame |
| Foundation | Concrete Perimeter & Slab |
Additional Information
| Zoning | R30000 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sergio Sanchez |
|---|---|
| Office | KW Santa Clara Valley Inc |
| Contact Info | 408-420-3368 |