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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1650 Bay, East Palo Alto – $1,625,000

  • $1.6M Price
  • .21 Acres
  • 235 DOM
  • $1.6M Price
  • .21 Acres
  • 235 DOM

1650 Bay

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

Essential Information

  • MLS® #ML81991400
  • Price$1,625,000
  • Bathrooms0.00
  • Acres0.21
  • Year Built1960
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address1650 Bay
  • Area699 - Not Defined
  • CityEast Palo Alto
  • CountySan Mateo
  • Zip Code94303

Amenities

  • Parking Spaces2

Interior

  • HeatingWall Furnace
  • CoolingWall/Window Unit(s)

Exterior

  • RoofComposition

School Information

  • DistrictOther

Additional Information

  • Date ListedJanuary 22nd, 2025
  • Days on Market235
  • ZoningR30000

Listing Details

  • AgentVlad Rubashevsky
  • Office5 Stars Realty
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Price Change History for 1650 Bay, East Palo Alto, (MLS® #ML81991400)

Date Details Change
Price Reduced from $1,699,999 to $1,625,000 $74,999 (4.41%)
Status Changed from Active Under Contract to Active
Price Increased from $1,650,000 to $1,699,999 $49,999 (3.03%)
Status Changed from Active to Active Under Contract
Price Reduced from $1,750,000 to $1,650,000 $100,000 (5.71%)

Vlad Rubashevsky, 5 Stars Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of September 27th, 2025 at 9:26pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.