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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

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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.

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Cardenas
Orangetheory Fitness
Valley National Bank
Lewis and Joan Platt East Palo Alto Family YMCA

PROPERTY TAXES

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
  • Listing ID: 37226302

  • Date on Market: 2025-08-12

  • Last Updated:

  • Address: 1879 Woodland Ave, Palo Alto, CA 94303

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