1643 Woodland Avenue

East Palo Alto, CA 94303

$1,675,000
Price
Beds
2,440 Sq. Ft.
$686 / Sq. Ft.
2,440
Sq. Ft.
$686
per Sq. Ft.

Description

Amazing opportunity to own four units West of 101, just South of University Ave on the doorstep of Palo Alto. Four 1x1 units, two with private garages, one with W/D hookups in garage. Three of the four units updated with new flooring, DP windows, kitchens and baths. Strong rents, great residents. Large lot all units have dedicated outdoor space. Amazing opportunity to own a great building in a great location with strong in place rents. Plenty of parking on oversized lot.Amazing opportunity to own four units West of 101, just South of University Ave on the doorstep of Palo Alto. Four 1x1 units, two with private garages, one with W/D hookups in garage. Three of the four units updated with new flooring, DP windows, kitchens and baths. Strong rents, great residents. Large lot all units have dedicated outdoor space. Amazing opportunity to own a great building in a great location with strong in place rents. Plenty of parking on oversized lot.

Listing Agent

  1. Scott Kilpatrick

    Scott Kilpatrick

    Listing Agent

    Compass

    DRE #01271912

Property Details for 1643 Woodland Avenue

MLS City Name
EAST PALO ALTO
Building Type
FOURPLEX
Garage Spaces
2
Parking Spaces
4

Location

Listing Courtesy of Compass, Scott Kilpatrick, DRE #01271912
Add your commute
LISTING UPDATED: 05/16/2024 04:45 PM

Property Details for 1643 Woodland Avenue

StatusActive
MLS #ML81966042
Days on Compass16
Taxes$18,872 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1952
Lot Size0.19 AC / 8,418 SF
CountySan Mateo County

Location

Listing Courtesy of Compass, Scott Kilpatrick, DRE #01271912
Add your commute

Building Information for 1643 Woodland Avenue

Stories1Residences4Year Built1952Building Size-Lot Size0.19 AC / 8,418 SF

Payment Calculator

$10,714 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,141

Property Taxes

$1,573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1643 Woodland Avenue

Features
Features
  • Communications: Cable TV
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Living SqFt: 2440
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Attached Garage, Carport, Off-Street Parking, On Street, Parking Area, Unassigned Spaces, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Woodland / Newell Area
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1643
  • Street Name: Woodland
  • Street Suffix: Avenue
  • Area ID: 320
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 2440
  • Structure SqFt Source: Assessor
  • Age: 72
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 063-481-060
  • 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
  • Horse Property: No
  • Lot Acres: .19
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $18,872
  • Building Unit Total: 4
  • Capitalization Rate: 4.88
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Other
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $1,200
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $5,508
  • Expenses Other: $0
  • Expenses Utility: $2,700
  • Expenses Total: $33,280
  • Operating Expenses Include: Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 14.56
  • Income Annual Gross: $115,018
  • Income Annual Rental: $111,178
  • Income Gross Scheduled: $115,018
  • Income Other: $3,840
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,900
Unit 2 Information
  • Unit 2 Approx Square Footage: 600
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,847
Unit 3 Information
  • Unit 3 Approx Square Footage: 600
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,950
Unit 4 Information
  • Unit 4 Approx Square Footage: 600
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $2,568
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 1643 Woodland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1643 Woodland Avenue

Taxable ValueLand$711,141Additions$711,141Total$1,422,282
Tax Record2023$18,951 ($1,579 / month)
Home Facts
Baths4Total Finished SqFt2,440 SqFtAbove Grade Finished SqFt2,440 SqFtStories1Lot Size8,418 SqFtStyleQuadraplexYear Built1952CountySAN MATEOAPN063-481-060Fireplace TypeHas Fireplace

Schools near 1643 Woodland Avenue

This home is within Ravenswood City Elementary School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Charter - 9 to 12
Charter - K to 8
Rating
School
Distance
Aspire East Palo Alto Charter
CharterK to 8

Menlo-Atherton High School
Public9 to 12

KIPP Esperanza High
Charter9 to 12

KIPP Valiant Community Prep
CharterK to 8

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1643 Woodland Avenue is a multi-family home for sale in East Palo Alto, CA 94303. This property was listed for sale on May 16, 2024 by Compass, it's currently listed at $1,675,000. It has been on the market for a total of 16 days and was last sold on February 18, 2016. This listing's school districts are Ravenswood City Elementary School District, Sequoia Union High School District. Nearby schools include Aspire East Palo Alto Charter, Menlo-Atherton High School and KIPP Esperanza High. 1643 Woodland Avenue is a 0-bed, 0-bath, 2,440 sqft multi-family home built in 1952.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Scott Kilpatrick, DRE #01271912

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.