Duplex with Private
For Sale
$979,000
1815 Woodland Avenue, East Palo Alto, CA 94303
ResidentialIncome, EastPaloAlto, CA
Property Size2,073 SF
Lot Size0.13 Acres
Price / SF$472.26
Days on Market117
Property Features for 1815 Woodland Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R20000
Parking
3
Parking features
Garage, On Street
Appliances
CooktopElectric, Dishwasher, ExhaustFan, OvenRange, WasherDryerSomeUnits
Elementary school
RavenswoodCityElementary
High school
SequoiaUnionHigh
Elementary school district
RavenswoodCityElementary
High school district
SequoiaUnionHigh
Subdivision
WoodlandNewellArea
Standard status
Active
APN
063-501-150
Size
2,073 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
16613
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
attached garage
washer/dryer hookups
private yards
Building Details
Year built
1957
Floors in Building
1
Number of units
2
Flooring type
Hardwood, Linoleum, Laminate, Carpet
Roof type
Composition
Listing Agency:
Compass
(650) 462-1111
Listed By:
Scott Kilpatrick · License #01271912
(650) 868-0738
Added: Jun 28
Changed: Oct 22
Last Checked: Oct 22 at 2:06PM
MLS# ML82052520
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two oversized two-bedroom, one-bath units, with a combined building area of 2,073 square feet. Each residence has an attached garage, washer/dryer hookups, and a private yard. The property was built in 1957 and occupies a 0.1263-acre lot.
The East Palo Alto location offers access to US 101 and University Avenue. Public water and sewer serve the property, and the zoning designation is R20000.
The East Palo Alto location offers access to US 101 and University Avenue. Public water and sewer serve the property, and the zoning designation is R20000.
Key Highlights
- Two units, each with two bedrooms and one bathroom
- 2,073‑square‑foot building on a 0.1263‑acre lot
- Attached garage, washer/dryer hookups, and private yard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,212
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,240
$924.2K
Cap Rate 7%
$660,171
$660.2K
Cap Rate 9%
$513,467
$513.5K
Market Conditions
NOI Build-Up for 2,073 SF
Gross rent
$69.7K $33.60/SF
− Vacancy
−$3.6K −$1.75/SF
EGI
$66.0K $31.85/SF
− OpEx
−$19.8K −$9.55/SF
NOI
$46.2K $22.29/SF
Area
Santa Clara County, CA
Vacancy
5.22%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,240
Cap Rate 7%
$660,171
Cap Rate 9%
$513,467
Alternative Uses
Best Use
Multifamily LT 5
$660.2K
$577.7K – $770.2K
NOI $46,212 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$562.9K
$492.6K – $656.7K
NOI $39,404 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,605 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 94303, CA
48,281
Population
15,927
Households
3
Avg Household Size
35
Median Age
48%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
5,748
Density / Sq Mi
$148,031
Median Household Income
$55,788
Median Earnings
$2,710
Median Rent
$1,825,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units each include an attached garage and washer/dryer hookups.
Where is this duplex located?
The property is located at 1815 Woodland Avenue East Palo Alto, CA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Two units, each with two bedrooms and one bathroom; 2,073‑square‑foot building on a 0.1263‑acre lot; Attached garage, washer/dryer hookups, and private yard for each unit
