1804 Bay Rd - Apartments FOR SALE


East Palo Alto, CA 94303
$7,950,000 USD
650-207-1317
1804 Bay Rd, East Palo Alto, CA for Sale
$7,950,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1804 Bay Rd
East Palo Alto, CA 94303


OVERVIEW

Fully-entitled mixed-used development opportunity. The property is fully entitled under the State Density Bonus Law, SB 35, for the development of a 102,753 gross square foot (±73,000 net rentable) mixed-use project consisting of 75 residential rental units and approximately 1,900 square feet of retail space.

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

75

PRICE/UNIT

$106,000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

General Industrial

APN/PARCEL ID

063-231-240

ASK ABOUT THIS PROPERTY

John WeatherbyNewmarkMore Info
650-207-1317

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John WeatherbyNewmarkMore Info
650-207-1317

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.