Description

2118 Addison Avenue is a well-positioned 4-unit apartment community in the city of East Palo Alto, California. Situated on a 5,000 square foot lot, the property was built in 1951 and offers a gross building area of approximately 2,064 square feet, featuring a mix of two-bedroom and one-bedroom floor plans designed with comfort and function in mind. Located just one mile from the Ravenswood 101 Shopping Center, tenants enjoy easy access to popular retailers such as Home Depot, IKEA, Target, and the PGA Superstore. T he property is also ideally situated near Highway 101, Stanford University, and many of the nation’s top tech employers, including Google, Apple, Facebook (Meta), Amazon, LinkedIn, SAP, Oracle, Cloudera, Visa, and Sony. East Palo Alto offers a vibrant mix of historic neighborhoods, cultural attractions, and retail conveniences, making it a sought-after location for both living and investing. With strong employment fundamentals, low vacancy rates, and a prime Silicon Valley location, 2118 Addison Avenue presents an excellent opportunity for investors and an attractive housing option for Peninsula residents. Buyer to do their own due diligence to confirm all details.