Multifamily
Aequitas Apartments
1760 Bay Rd, East Palo Alto, CA 94303
Listing Price: $9,000,000
Investment Overview
Marcus & Millichap has been exclusively selected to market for sale Aequitas Apartments, a 40-unit residential community located at 1760 Bay Road in East Palo Alto, CA. Situated on 1.03
acres, this property was originally constructed in 1964 and offers approximately 22,350 rentable square feet, featuring a mix of studio, one-bedroom, and two-bedroom floor plans. Please refer to the unit mix page for a complete breakdown of unit types. This professionally managed complex has been well
maintained, with its exteriors, courtyard, and landscaping in pristine condition. A key investment advantage is the high percentage of tenants with subsidized rental payments, providing stable income and valuable tax incentives. Located in the heart of the Bay Area, Aequitas Apartments is a
prime rental option for Peninsula residents, offering close proximity to major employers, transportation corridors, shopping, dining, and entertainment.
Exclusively Listed By
Listing Price: $9,000,000
Investment Highlights
- 100% Affordable Housing
- Unit Mix: 11 - Studio, 21 - 1BR/1BA, 8 – 2BR/BA
- Situated between San Francisco & San Jose, and neighbors the the city of Palo Alto. Central to Silicon Valley employers such as Meta, Amazon, Tesla, NVDIA, Apple, Adobe, etc.
Investment Overview
Marcus & Millichap has been exclusively selected to market for sale Aequitas Apartments, a 40-unit residential community located at 1760 Bay Road in East Palo Alto, CA. Situated on 1.03 acres, this property was originally constructed in 1964 and offers approximately 22,350 rentable square feet, featuring a mix of studio, one-bedroom, and two-bedroom floor plans. Please refer to the unit mix page for a complete breakdown of unit types. This professionally managed complex has been well maintained, with its exteriors, courtyard, and landscaping in pristine condition. A key investment advantage is the high percentage of tenants with subsidized rental payments, providing stable income and valuable tax incentives. Located in the heart of the Bay Area, Aequitas Apartments is a prime rental option for Peninsula residents, offering close proximity to major employers, transportation corridors, shopping, dining, and entertainment.
Exclusively Listed By
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