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1730 Bay Rd
Palo Alto, CA 94303

$19,000,000 USD

Apartments For Sale  •  148,924 SF

Property Details

  • Property Type Apartments
  • Total Building Size 148,924 SF
  • Lot Size 1.6 AC
  • Building Class C
  • Year Built 2006
  • Cap Rate 3.87 %
0 Transit Score
74 Walk Score

Highlights

High-Barrier Silicon Valley Location: Situated across U.S. 101 from downtown Palo Alto, the property sits in one of the most affluent U.S. markets
Surrounded by major employers including Stanford University, Meta, and Google
Strong Occupancy & Proven Performance: 96% occupancy with consistent collections, producing a current NOI of approximately $734,000
148,924 SF of affordable housing in the center of Silicon Valley—a rare combination of size, mission alignment, and long-term yield stability.
The offering supports new debt financing at competitive rates, with potential to improve cash-on-cash returns
Call listing brokers for more information

Property Flyers

Cap Rate: 3.87 %

Major Tenants

Tenant SF Occupied Lease End Date
Courtyard at Bay Road

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Business Center
  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Wheelchair Accessible (Rooms)
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Palo Alto (Caltrain - Caltrain (Caltrain), Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 9 min - 3.0 mi
Menlo Park (Caltrain - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 9 min - 3.9 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 22 min - 15.3 mi
San Francisco International 25 min - 19.2 mi
Metro Oakland International 35 min - 26.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 150
Type: Covered
Included in Rent: Yes
Yuri Sergunin, CCIM 650-701-5590 The S&T Group | Marcus & Millichap
Yuri Sergunin, CCIM 650-701-5590 The S&T Group | Marcus & Millichap