| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 83rd | Best |
| Demographics | 34th | Poor |
| Amenities | 24th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2400 Gloria Way, East Palo Alto, CA, 94303, US |
| Region / Metro | East Palo Alto |
| Year of Construction | 1995 |
| Units | 38 |
| Transaction Date | 2022-03-01 |
| Transaction Price | $96,000 |
| Buyer | MP BAY ROAD ASSOCIATES LP |
| Seller | GLORIA WAY ASSOCIATES |
Prime Investment Opportunity in Growing Market
Discover potential returns in this strategically positioned property with strong fundamentals and market appeal.
This area demonstrates characteristics that may appeal to investors seeking growth potential. The neighborhood features established infrastructure and accessibility to key transportation routes. Local amenities include retail options, dining establishments, and community facilities that contribute to the area's residential appeal.
The surrounding development patterns suggest ongoing interest from both residents and businesses, which may support property value stability over time.
The area maintains community safety measures typical of established residential neighborhoods. Local law enforcement presence and community watch programs contribute to the overall security environment.
Well-lit streets and maintained public spaces are among the features that may enhance the area's appeal to potential tenants and future buyers, which could be relevant factors for investment considerations.
The local employment landscape includes a mix of businesses and service providers that contribute to the area's economic activity. Major employment sectors in the broader region may include healthcare, retail, education, and professional services.
The proximity to transportation networks provides access to employment centers throughout the metropolitan area, which may support rental demand from working professionals seeking convenient commuting options.
Investment Highlights:
- Property positioned in an area with established infrastructure and community amenities
- Access to transportation networks that connect to regional employment centers
- Neighborhood characteristics that may appeal to a broad tenant base
- Potential for both rental income and long-term appreciation based on area fundamentals
This property offers investors the opportunity to participate in a market with solid underlying characteristics. The combination of location, accessibility, and community features may provide a foundation for steady returns while maintaining potential for future growth.