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$7,000,000
Est. payment /mo
0.88 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 41122067
HOA Y/N No
Year Built 1964
Lot Size 0.875 Acres
Property Description
Rare opportunity to own an impeccably maintained, 38 unit apartment complex in East Palo Alto featuring a mix of one and two bedroom units. Known as "The Ardmore," the .88 acre lot includes gated entry and exit driveways, leading to the lower parking level with 42 spaces. The property is in outstanding condition, with many major improvements completed recently including the roof, drainage, water boiler and seismic retrofitting. Amenities include a central pool with newly installed gate, private balconies (recently inspected and compliant) and an on-site laundry room which produces additional income. Located west of Hwy 101 and north of University Ave, the property is conveniently located near major employment, retail and education hubs. Situated only 2 miles from Stanford University, 2.5 miles from Meta headquarters and 5.5 miles to Google headquarters, the complex is in the heart of the bustling Silicon Valley corridor.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 42
Others
Tax ID 063442350
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Listed by Daniel Fitzpatrick Compass #01892947
NEARBY SCHOOL & BUSINESS
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