Manning Realty
Michael Manning, Manning RealtyPhone: (408) 218-1628
Email: mlmanning@gmail.com
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listing
1 of 8
CommercialFor Sale
$9,000,000
1760 Bay Road
East Palo Alto, CA 94303
Listing Office: Marcus & Millichap
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$46,556/mo

Marcus & Millichap has been exclusively selected to market for sale Aequitas Apartments, a 100% affordable housing 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.

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Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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