1650 Bay East Palo Alto Ca

East Palo Alto, CA 94303

$1,750,000
Price
Beds
Baths
3,680 Sq. Ft.
$476 / Sq. Ft.
3,680
Sq. Ft.
$476
per Sq. Ft.

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,...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
  1. Listed by Vlad Rubashevsky • DRE #01068954 • Brokerage DRE #01936315 • 5 Stars Realty • 650-279-7872

Property Details for 1650 Bay East Palo Alto Ca

MLS City Name
EAST PALO ALTO
Building Type
Other
Garage Spaces
0
Parking Spaces
2
LISTING UPDATED: 03/01/2025 10:02 AM

Property Details for 1650 Bay East Palo Alto Ca

StatusActive
MLS #ML81991400
Days on Compass45
Taxes$20,843 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1960
Lot Size0.21 AC / 8,979 SF
CountySan Mateo County

Building Information for 1650 Bay East Palo Alto Ca

Stories-Residences-Year Built1960Building Size-Lot Size0.21 AC / 8,979 SF

Property Information for 1650 Bay East Palo Alto Ca

Features
Room Information
  • Kitchen: Appliances - Vary by Unit, Countertop - Formica, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 3680
  • Pool: No
  • Security Features: Security Lights, Other
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Gas, Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Assigned Spaces, Carport, Gate / Door Opener, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: East of U.S. 101 East Palo Alto
  • Restrictions: Pets - Not Allowed
  • Roof: Composition
  • Subclass: Five or More Units
  • TIC Agreement: No
  • Year Built Source: Assessor
  • Street Number: 1650
  • Street Name: Bay
  • Area ID: 322
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 3680
  • Structure SqFt Source: Assessor
  • Age: 65
Development Information
  • Ownership Type: Corporation
  • Zoning Detail: R30000
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 063-221-050
  • County Name: San Mateo
  • City Name: EAST PALO ALTO
  • City Postal ID: 16
  • Postal Code: 94303
  • Elementary School District: 934
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Lot Acres: .21
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 5
General Information
  • Annual Tax Amount: $20,843
  • Capitalization Rate: 5.43
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Lease, Other
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $4,002
  • Expense Landscape: $0
  • Expense Maintenance: $1,000
  • Expense Management: $0
  • Expense Trash: $2,997
  • Expenses Other: $2,882
  • Expenses Utility: $791
  • Expenses Total: $32,515
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Other
  • Gross Rent Multiplier: 13.72
  • Income Annual Gross: $127,520
  • Income Annual Rental: $125,520
  • Income Gross Scheduled: $127,520
  • Income Other: $2,000
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 520
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,000
Unit 3 Information
  • Unit 3 Approx Square Footage: 550
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,710
Unit 4 Information
  • Unit 4 Approx Square Footage: 445
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $1,750
Unit 5 Information
  • Unit5 Full Baths: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 670

Property History for 1650 Bay East Palo Alto Ca

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1650 Bay East Palo Alto Ca

This home is within Ravenswood City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Costano Elementary School
PublicK to 5

Ravenswood Comprehensive Middle
Public6 to 8

Menlo-Atherton High School
Public9 to 12

Green Oaks Academy
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1650 Bay East Palo Alto Ca is for sale in East Palo Alto, CA 94303. This property was listed for sale on January 22, 2025 by 5 Stars Realty, it's currently listed at $1,750,000. This listing's school districts are Ravenswood City Elementary School District, Sequoia Union High School District. Nearby schools include Costano Elementary School, Ravenswood Comprehensive Middle and Menlo-Atherton High School. 1650 Bay East Palo Alto Ca is a 0-bed, 0-bath, 3,680 sqft built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 5 Stars Realty, Vlad Rubashevsky, DRE #01068954

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.