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1815 Woodland Ave
East Palo Alto, CA 94303
1815-1817 Woodland Ave · Multifamily Property For Sale
·
2 Units


INVESTMENT HIGHLIGHTS
- Two, generous Two Bedroom, One Bath Units
- Strong Stable Tenant History and Rental Collection, Mid-Peninsula location, Quick access to 101, Meta Headquarters
- Both units have Private Garages with W/D Hookups, Direct access to private yards with newer pavers
- Endless upside opportunity in income and equity, Can be sold with identical adjacent duplex
EXECUTIVE SUMMARY
1815 and 1817 Woodland Avenue present a rare opportunity to acquire a well-maintained duplex in a prime East Palo Alto location. The property sits on a generous ±5,900 square foot lot, offering a total of two spacious two-bedroom, one-bath units. Every unit enjoys the convenience of direct access to a private garage with full-size washer and dryer hookups, a feature that adds both value and tenant appeal. The buildings have been thoughtfully maintained, with newer roofs, updated windows, and a solid physical condition that ensures long-term performance.
The units are enhanced with private yards, providing tenants with coveted outdoor living space, while the rear units offer the potential to create additional private yards by converting the current storage and parking areas. This flexibility allows for both increased tenant satisfaction and future income potential. With its combination of functional layouts, individual garages, and the opportunity for further outdoor amenities, the properties are well positioned to meet the
demands of today’s rental market.
Located west of Highway 101, the properties benefit from an unbeatable central location adjacent to Palo Alto. Just minutes away are world class
employers, including Meta, Stanford University, and Stanford Hospital, making this an ideal housing choice for professionals seeking both convenience and community. In addition, shopping, dining, and everyday amenities are nearby, providing tenants with a highly desirable balance of work and lifestyle access.
This duplex at 1815 and 1817 Woodland Avenue represent a strong investment in one of the most supply-constrained rental markets in the Bay Area. With their combination of updated features, private garages, potential for outdoor enhancements, and a location central to Silicon Valley’s economic and educational hubs, they offer both immediate stability and long-term growth. For investors, this is an opportunity to secure a portfolio-quality asset in a neighborhood
poised for continued demand.
The units are enhanced with private yards, providing tenants with coveted outdoor living space, while the rear units offer the potential to create additional private yards by converting the current storage and parking areas. This flexibility allows for both increased tenant satisfaction and future income potential. With its combination of functional layouts, individual garages, and the opportunity for further outdoor amenities, the properties are well positioned to meet the
demands of today’s rental market.
Located west of Highway 101, the properties benefit from an unbeatable central location adjacent to Palo Alto. Just minutes away are world class
employers, including Meta, Stanford University, and Stanford Hospital, making this an ideal housing choice for professionals seeking both convenience and community. In addition, shopping, dining, and everyday amenities are nearby, providing tenants with a highly desirable balance of work and lifestyle access.
This duplex at 1815 and 1817 Woodland Avenue represent a strong investment in one of the most supply-constrained rental markets in the Bay Area. With their combination of updated features, private garages, potential for outdoor enhancements, and a location central to Silicon Valley’s economic and educational hubs, they offer both immediate stability and long-term growth. For investors, this is an opportunity to secure a portfolio-quality asset in a neighborhood
poised for continued demand.
PROPERTY FACTS
| Price Per Unit | $530,000 | Building Size | 2,073 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 2.26% | No. Stories | 1 |
| No. Units | 2 | Year Built | 1957 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price Per Unit | $530,000 |
| Sale Type | Investment |
| Cap Rate | 2.26% |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,073 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1957 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $1,728 | 1,050 |
| 2+1 | 1 | $2,629 | 1,050 |
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