East Palo Alto CA Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
5,102
Status:
Active
Beds:
n/a
Lot size:
0.44 Acres
Year built:
2003
Baths:
MLS#:
ML81981182

ADDITIONAL INFORMATION

Wonderful Opportunity in prime East Palo Alto location. Currently used as a very successful restaurant for more than 20 years, this property has many elements of success. The location is exceptional: minutes from Facebook/Meta HQ, Google Campus, Stanford University, Menlo College, and downtown Palo Alto. Highway 101 is two blocks away. San Francisco International Airport is 18.2 miles to the north, while downtown San Jose is 22.1 miles to the south. The primary tenant is a very successful full-service restaurant with expanded seating areas inside and out, a large kitchen area with 2 prep sites & 2 cooking sites, 2 walk-in refrigerators, multiple storage areas, 2 offices, and 2 restrooms for the clientele. The secondary is a church with capacity for approxiately 80 people. The space consists of a congregation area, a performance stage, a lighting & audio area, a kitchen/coffee bar area, a nursery, an office, and an outdoor area. The property will be delivered vacant at the close of escrow.

Type:
General Commercial
Sq.Ft.:
3,680
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1960
Baths:
MLS#:
ML81976620

ADDITIONAL INFORMATION

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

Type:
General Commercial
Sq.Ft.:
17,879
Status:
Active
Beds:
n/a
Lot size:
0.46 Acres
Year built:
1963
Baths:
MLS#:
ML81968271

ADDITIONAL INFORMATION

Seller Carried Financing Available 35-40% Down, +/- 3.75% Interest Only Fixed for +/- Five Years. Adjacent to Menlo Park, to North and West. This amazing opportunity is tucked into a residential neighborhood just West of Hwy 101 and North of University Ave. This building consists of twenty two units, 16:1x1 and 4: Studio units with 22 parking stalls. All residents have access to free Wi-Fi. There are approved plans for 550 new apartments as well as community center and park just down the street. This will greatly improve the neighborhood. Very few opportunities to purchase on the West side in East Palo Alto. Currently being sold in conjunction with 20 units at 201 E. O'Keefe and 22 units at 245 E. O'Keefe. Total of 62 units, 48, 1x1, 10, 2x1 and 4 Studios, total income = $1,406,308 annually.

Type:
General Commercial
Sq.Ft.:
21,526
Status:
Active
Beds:
n/a
Lot size:
0.52 Acres
Year built:
1963
Baths:
MLS#:
ML81968270

ADDITIONAL INFORMATION

Seller Carried Financing Available 35-40% Down, +/- 3.75% Interest Only Fixed for +/- Five Years. Adjacent to Menlo Park, to North and West. This amazing opportunity is tucked into a residential neighborhood just West of Hwy 101 and North of University Ave. This building consists of twenty two units, 16:1x1 and 6: 2x1 units with 24 parking stalls. All residents have access to free Wi-Fi. There are approved plans for 550 new apartments as well as community center and park just down the street. This will greatly improve the neighborhood. Very few opportunities to purchase on the West side in East Palo Alto. Currently being sold in conjunction with 20 units at 201 E. O'Keefe and 20 units at 301 E. O'Keefe. Total of 62 units, 48, 1x1, 10, 2x1 and 4 Studios, total income = $1,406,308 annually.

Type:
General Commercial
Sq.Ft.:
25,285
Status:
Active
Beds:
n/a
Lot size:
0.46 Acres
Year built:
1962
Baths:
MLS#:
ML81968269

ADDITIONAL INFORMATION

Seller Carried Financing Available 35-40% Down, +/- 3.75% Interest Only Fixed for +/- Five Years. Adjacent to Menlo Park, to North and West. This amazing opportunity is tucked into a residential neighborhood just West of Hwy 101 and North of University Ave. This building consists of twenty units, 16:1x1 and 4: 2x1 units. This building has an elevator and pool, as well as 22 parking stalls. All residents have access to free Wi-Fi There are approved plans for 550 new apartments as well as community center and park just down the street. This will greatly improve the neighborhood. Very few opportunities to purchase on the West side in East Palo Alto. Currently being sold in conjunction with 22 units at 245 E. O'Keefe and 20 units at 301 E. O'Keefe. Total of 62 units, 48, 1x1, 10, 2x1 and 4 Studios, total income = $1,406,308 annually.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.73 Acres
Year built:
1975
Baths:
MLS#:
41024475

ADDITIONAL INFORMATION

LOCATION LOCATION LOCATION This a a developers dream in the middle of Silicon Valley close to Stanford University and all major retail establishments. Major developments in the area are in planning stage and execution phase nearby.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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East Palo Alto Real Estate

The median home value in East Palo Alto, CA is $805,000. This is lower than the county median home value of $1,488,500. The national median home value is $338,100. The average price of homes sold in East Palo Alto, CA is $805,000. Approximately 44.45% of East Palo Alto homes are owned, compared to 48.75% rented, while 6.8% are vacant. East Palo Alto real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Palo Alto real estate agent to arrange a tour today!

East Palo Alto, California has a population of 29,888. East Palo Alto is more family-centric than the surrounding county with 37.86% of the households containing married families with children. The county average for households married with children is 35.93%.

The median household income in East Palo Alto, California is $96,349. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in East Palo Alto is 33.7 years.

East Palo Alto Weather

The average high temperature in July is 79.6 degrees, with an average low temperature in January of 40.6 degrees. The average rainfall is approximately 17 inches per year, with 0 inches of snow per year.

East Palo Alto Real Estate Market Conditions

  • Median sales price

    $805,000
    23.8% change since last quarter
  • # Active listings

    37
    30-day change

East Palo Alto Schools and Demographics

Education near East Palo Alto, CA

Metric City County
High School Graduates 73.72 90.82
College Degree - 2 year 5.63 6.98
College Degree - 4 year 26.19 52.46
Graduate Degree 5.31 14.59
Expenditures per Student 20,087 20,087
Students per Teacher 19.8 19.8

Elementary Schools near East Palo Alto, CA

School Grades Students P/T Ratio ZIP
Addison Elementary School KG - 05 463 20.4 94301
Barron Park Elementary School KG - 05 338 17.9 94306
Belle Haven Elementary School KG - 08 591 22 94025
Brentwood Academy KG - 05 532 23.1 94303
Costano Elementary School KG - 08 564 22.8 94303
Duveneck Elementary School KG - 05 482 20.9 94303
El Carmelo Elementary School KG - 05 407 20.9 94306
Fairmeadow Elementary School KG - 05 548 21.8 94306
Garfield Elementary School KG - 08 644 24.8 94025
Green Oaks Academy KG - 05 273 22.1 94303
Greendell School KG - 05 97 17.6 94303
Herbert Hoover Elementary School KG - 05 406 21.3 94306
Juana Briones Elementary School KG - 05 348 19.6 94306
Monta Loma Elementary School KG - 05 472 23.4 94043
Oak Knoll Elementary School KG - 05 766 20.5 94025
Ohlone Elementary School KG - 05 605 20.6 94303
Palo Verde Elementary School KG - 05 404 21 94303
Stevenson Elementary School KG - 05 368 26.3 94043
Theuerkauf Elementary School KG - 05 416 24.5 94043
Walter Hays Elementary School KG - 05 521 18.1 94301
Willow Oaks Elementary School KG - 08 705 25.2 94025

Middle Schools near East Palo Alto, CA

School Grades Students P/T Ratio ZIP
Aspire East Palo Alto Phoenix Academy 09 - 12 197 18 94303
Cesar Chavez Elementary School 06 - 08 183 28.1 94303
Crittenden Middle School 06 - 08 603 19.1 94043
David Starr Jordan Middle School 06 - 08 1,103 15.5 94303
Hillview Middle School 06 - 08 881 17.8 94025
Jane Lathrop Stanford Middle School 06 - 08 1,107 16.5 94306
La Entrada Middle School 04 - 08 776 18.9 94025
Rocketship Eight Elementary KG - 03 0 94301
Ronald McNair Academy 06 - 08 223 22.3 94303
Terman Middle School 06 - 08 722 15.2 94306

High Schools near East Palo Alto, CA

School Grades Students P/T Ratio ZIP
East Palo Alto Academy 09 - 12 300 17.1 94303
Henry M. GUNN High 09 - 12 1,897 17.3 94306
Menlo-Atherton High School 09 - 12 2,158 19.2 94025
Palo Alto High School 09 - 12 1,943 16.9 94301

Ungraded Schools near East Palo Alto, CA

School Grades Students P/T Ratio ZIP
Aspire East Palo Alto Charter School KG - 12 759 21.9 94303
Slater Special Education Preschool UG - UG 0 94043

Demographics near East Palo Alto, CA

Metric City County
Neighborhood Type Inner City
Population 29,888 762,488
Population Density 11,856 1,700
Median Age 33.7 40
People per Household 3.6 2.8
Median Household Income 96,349 136,837
Average Income per Capita 36,505 69,919