Property Detail

1760 Bay

East Palo Alto CA 94303

$9,000,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Michael Henshaw of Marcus & Millichap. Last updated 2025-04-23 08:33:23.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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