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Address not disclosed Palo Alto, CA 94301
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Key Details
Sold Price $2,750,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,180 sqft
Price per Sqft $1,261
MLS Listing ID ML81828613
Sold Date 05/21/21
HOA Y/N No
Year Built 1908
Annual Tax Amount $2,053
Lot Size 5,074 Sqft
Acres 0.1165
Property Description
A rare opportunity to own a 4-plex nestled in the soul of Downtown Palo Alto. Located on a generous lot in a quiet, tree spotted neighborhood, this home provides refuge from the hustle and bustle of city life while simultaneously offering quick access to University Avenue, Johnson Park and popular shopping centers. Close proximity to Stanford University and top tech companies like Google, Microsoft, Facebook and Apple make this a no-brainer location for a large variety of prospective residents. The home has a proven track record of rentability, with many tenants staying for multiple years. So whether you're looking to rent out as-is or renovate, this 4-plex is an ideal opportunity for any savvy investor!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM4
Interior
Heating Floor Furnace
Cooling None
Flooring Carpet, Wood
Fireplace No
Appliance Gas Cooktop, Microwave
Exterior
Garage Spaces 3.0
Garage Description 3.0
Roof Type Composition,Shingle
Accessibility Parking
Total Parking Spaces 2
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Palo Alto
School District Palo Alto Unified
Others
Tax ID 12002049
Financing Conventional
Special Listing Condition Standard
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Bought with Fling Yang & Assoc • Coldwell Banker Realty