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1879 Woodland Ave 3,058 SF Retail Building Palo Alto, CA 94303 $1,887,113 CAD ($617.11 CAD/SF) 4.54% Cap Rate



INVESTMENT HIGHLIGHTS
- West of 101, South of University Ave. 1 large detached live work two bedroom unit, Four, one bedroom one bath units
- Plenty of parking, private and secure location, clean units
- Downstairs units have outdoor space, upstairs units have large patios
EXECUTIVE SUMMARY
Located in the heart of Silicon Valley, 1879 Woodland Ave and 1866 W. Bayshore present a rare investment opportunity with strong income potential and exceptional proximity to world-class employers and amenities. Situated west of Highway 101, these properties are just two miles from Stanford University and Meta’s global headquarters, four miles from Google’s headquarters, and within 1.5 miles of downtown Palo Alto’s upscale retail, dining, and nightlife.
1879 Woodland Ave features a unique and flexible two-bedroom, one bath layout that includes a spacious live/work area—ideal for a home business, studio, or additional living space. With its open configuration and abundant natural light, this unit appeals to professionals and creatives seeking a versatile environment in a prime location. Directly adjacent, 1866 W. Bayshore comprises four well-maintained one-bedroom, one-bath units, each offering private patio spaces that
enhance tenant appeal. The property includes five dedicated parking stalls, adding convenience and value. Together, these properties deliver
steady rental income with potential for growth, all within one of the most dynamic and high-demand markets in the Bay Area.
1879 Woodland Ave features a unique and flexible two-bedroom, one bath layout that includes a spacious live/work area—ideal for a home business, studio, or additional living space. With its open configuration and abundant natural light, this unit appeals to professionals and creatives seeking a versatile environment in a prime location. Directly adjacent, 1866 W. Bayshore comprises four well-maintained one-bedroom, one-bath units, each offering private patio spaces that
enhance tenant appeal. The property includes five dedicated parking stalls, adding convenience and value. Together, these properties deliver
steady rental income with potential for growth, all within one of the most dynamic and high-demand markets in the Bay Area.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,058 SF
Building Class
C
Year Built
1953
Price
$1,887,113 CAD
Price Per SF
$617.11 CAD
Cap Rate
4.54%
NOI
$85,673 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
R300S3
Parking
5 Spaces (1.64 Spaces per 1,000 SF Leased)
Frontage
56’ on Woodland Ave
AMENITIES
- Signage
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 063-501-040 | Total Assessment | $1,645,796 CAD (2025) |
| Land Assessment | $1,236,842 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $408,953 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
063-501-040
Land Assessment
$1,236,842 CAD (2025)
Improvements Assessment
$408,953 CAD (2025)
Total Assessment
$1,645,796 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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