1859 Woodland Ave East Palo Alto, CA 94303
Estimated payment $10,223/month
Highlights
- 4 Car Detached Garage
- Menlo-Atherton High School Rated A
- 1-Story Property
About This Home
Introducing 1859-1865 Woodland Ave, a rare four-unit multifamily property in a highly desirable West of Highway 101 location in East Palo Alto. This well-maintained building features four spacious two-bedroom, one-bath units, each designed for comfortable living with a dedicated single car garage, in-unit washer and dryer (located at the rear of the building), and access to private yard space. This is an outstanding opportunity for investors seeking a high-demand rental property in a thriving Silicon Valley market. Situated adjacent to Palo Alto, this property offers unbeatable proximity to some of the Bay Areas most prestigious destinations. Stanford Hospital is just two miles away, downtown Palo Alto is only 1.5 miles away, and major tech headquarters like Meta (2 miles) and Google (4 miles) are within easy reach. Additionally, residents will enjoy close access to premier shopping, restaurants, and entertainment, making this an ideal location for professionals, families, and students.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,962
Year Built
- 1953
Lot Details
- 9,561 Sq Ft Lot
Parking
- 4 Car Detached Garage
Home Design
- Quadruplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,058 Sq Ft Home
- 1-Story Property
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
Community Details
Overview
- 3,058 Sq Ft Building
Building Details
- 4 Leased Units
- Gardener Expense $1,500
- Insurance Expense $5,000
- Maintenance Expense $3,000
- Other Expense $4,130
- Utility Expense $1,560
- Trash Expense $3,000
- Operating Expense $40,050
- Gross Income $109,368
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,962 | $1,272,408 | $636,204 | $636,204 |
| 2023 | $16,962 | $1,223,000 | $611,500 | $611,500 |
| 2022 | $15,823 | $1,199,020 | $599,510 | $599,510 |
| 2021 | $15,553 | $1,175,510 | $587,755 | $587,755 |
| 2020 | $15,395 | $1,163,458 | $581,729 | $581,729 |
| 2019 | $15,976 | $1,140,646 | $570,323 | $570,323 |
| 2018 | $15,638 | $1,118,282 | $559,141 | $559,141 |
| 2017 | $15,142 | $1,096,356 | $548,178 | $548,178 |
| 2016 | $12,563 | $808,510 | $404,255 | $404,255 |
| 2015 | $12,410 | $796,366 | $398,183 | $398,183 |
| 2014 | $12,128 | $780,768 | $390,384 | $390,384 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $1,595,000 | -5.3% | $522 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $1,685,000 | -- | $551 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,075,000 | First American Title Company | |
| Grant Deed | $42,993,000 | First American Title Company | |
| Trustee Deed | $611,728 | First American Title Ins Co | |
| Grant Deed | $1,145,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $242,952,461 | Unknown |
Source: MLSListings
MLS Number: ML82005972
APN: 063-501-070
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