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15 Newell Rd
East Palo Alto, CA 94303
Pine Villa Apartments · Multifamily Property For Sale · 10 Units

Property Facts

Price Per Unit $280,000
Sale Type Investment
Cap Rate 5.57%
Sale Condition Bulk/Portfolio Sale
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 24,321 SF
Average Occupancy 95%
No. Stories 2
Year Built 1962
Parking Ratio 1.38/1,000 SF
Opportunity Zone Yes
Zoning R4, County

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready

Site Amenities

  • Laundry Facilities
  • Property Manager on Site
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 10 - 850

Property Taxes

Property Taxes

Parcel Number
063-513-440
Land Assessment
$2,532,139
Improvements Assessment
$794,325
Total Assessment
$3,326,464
  • Listing ID: 35180343

  • Date on Market: 3/18/2025

  • Last Updated:

  • Address: 15 Newell Rd, East Palo Alto, CA 94303

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