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Investment Highlights

  • Two, generous Two Bedroom, One Bath Units
  • Direct access to private yards with newer pavers
  • Mid-Peninsula location, Quick access to 101, Meta Headquarters
  • Both units have Private Garages with W/D Hookups
  • Strong Stable Tenant History and Rental Collection
  • Endless upside opportunity in income and equity

Executive Summary

1815 and 1817 Woodland Avenue present a rare opportunity to acquire
a well-maintained duplex in a prime East Palo Alto location. The
property sits on a generous ±5,900 square foot lot, offering a total
of two spacious two-bedroom, one-bath units. Every unit enjoys the
convenience of direct access to a private garage with full-size washer
and dryer hookups, a feature that adds both value and tenant appeal.
The buildings have been thoughtfully maintained, with newer roofs,
updated windows, and a solid physical condition that ensures long-term
performance.
The units are enhanced with private yards, providing tenants with
coveted outdoor living space, while the rear units offer the potential
to create additional private yards by converting the current storage
and parking areas. This flexibility allows for both increased tenant
satisfaction and future income potential. With its combination of
functional layouts, individual garages, and the opportunity for further
outdoor amenities, the properties are well positioned to meet the
demands of today’s rental market.
Located west of Highway 101, the properties benefit from an unbeatable
central location adjacent to Palo Alto. Just minutes away are world class
employers, including Meta, Stanford University, and Stanford
Hospital, making this an ideal housing choice for professionals seeking
both convenience and community. In addition, shopping, dining,
and everyday amenities are nearby, providing tenants with a highly
desirable balance of work and lifestyle access.
This duplex at 1815 and 1817 Woodland Avenue represent a strong
investment in one of the most supply-constrained rental markets in
the Bay Area. With their combination of updated features, private
garages, potential for outdoor enhancements, and a location central
to Silicon Valley’s economic and educational hubs, they offer both
immediate stability and long-term growth. For investors, this is an
opportunity to secure a portfolio-quality asset in a neighborhood
poised for continued demand.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $74,785 $36.08
Other Income - -
Vacancy Loss - -
Effective Gross Income $74,785 $36.08
Taxes $16,839 $8.12
Operating Expenses $9,132 $4.41
Total Expenses $25,971 $12.53
Net Operating Income $48,814 $23.55

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $74,785
Annual Per SF $36.08
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $74,785
Annual Per SF $36.08
Taxes (CAD)
Annual $16,839
Annual Per SF $8.12
Operating Expenses (CAD)
Annual $9,132
Annual Per SF $4.41
Total Expenses (CAD)
Annual $25,971
Annual Per SF $12.53
Net Operating Income (CAD)
Annual $48,814
Annual Per SF $23.55

Property Facts

Price $1,504,278 CAD
Price Per Unit $752,139 CAD
Sale Type Investment
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Building Size 2,073 SF
Average Occupancy 100%
No. Stories 1
Year Built 1957
Opportunity Zone Yes

Amenities

  • Smoke Detector

Unit Amenities

  • Washer/Dryer
  • Washer/Dryer Hookup
  • Kitchen
  • Yard
  • Double Pane Windows

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $2,501 CAD 1,050
2+1 1 $3,731 CAD 1,050
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
063-501-160
Land Assessment
$24,540 CAD
Improvements Assessment
$103,317 CAD
Total Assessment
$127,857 CAD
Annual Taxes
$16,839 CAD ($8.12 CAD/SF)
Tax Year
2025
  • Listing ID: 41098023

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 1815 Woodland Ave, East Palo Alto, CA 94303

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