1637 Woodland Ave East Palo Alto, CA 94303

1637 Woodland Ave features a six (6) unit apartment building located in East Palo Alto on the west side of Highway 101, just off of University Ave on the border of Palo Alto. Tucked away in foliage on a residential street, the building contains approx. 4,150 square feet, situated on a 8,107 (0.19 acre) lot per county assessor. The unit mix consists of all six (6) 1-bedroom/1-bathroom units including a detached 1-bedroom cottage with a large yard at the rear of the property. The units are in original condition, but well maintained by the long time owners with repairs as necessary. There are two (2) vacant units that will be delivered to the buyer for immediate value-add. The roof is good condition and has been replaced within the last 10 yrs. The property offers five (5) covered carport parking spaces with six (6) storage lockers for all tenants and a washer/dryer room. Utilities are individually metered for gas and electricity, with six (6) individual water heaters for each unit. The owner is responsible for water/sewer and garbage. This is the first time this property has been on the market since current owner's purchase back in 1977, providing a new investor a fantastic value-add opportunity.