University Village, CA homes for sale & real estate

University Village, CA Homes for Sale

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, prov

University Village, CA Homes for Sale

Solid freshly upgraded complex with a good mixture of unit types and solid income. All tenants are paying rent regularly. 4 out of 5 units were recently renovated. Each unit in this attractive investment comes with dedicated parking spot, enhancing convenience for all residents. 3 of the parking spots are covered carports, providing additional protection and value. The recent renovations extend beyond the interiors, as the building is equipped with a newly installed roof and dual-pane windows throughout, ensuring energy efficiency and reduced noise pollution. All units benefit from updated plumbing and electrical systems, guaranteeing hassle-free living for tenants and peace of mind for the