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$ 1,975,000
Est. payment | /mo
3 Beds
3 Baths
1,922 SqFt
$ 1,975,000
Est. payment | /mo
3 Beds
3 Baths
1,922 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,922 sqft
Price per Sqft $1,027
MLS Listing ID ML82043360
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1931
Lot Size 2,432 Sqft
Property Sub-Type Single Family Residence
Property Description
Exceptional investment opportunity in the heart of Downtown Palo Alto. Updated three unit building featuring three 1 bedroom, 1 bath units, each with refreshed kitchens and baths plus in-unit laundry for each. Two units enjoy private outdoor patios. One unit includes an attached garage for storage. Fully leased building with consistent, strong tenant demand. Ideally located just steps from downtown dining and shops, and less than a mile from Stanford University, Stanford Hospital and Stanford Shopping Center, plus easy commute to Silicon Valley tech companies. Its unmatched location and consistent tenant appeal make it a compelling choice for investors seeking reliable income and longterm upside in a great downtown Palo Alto location.
Location
State CA
County Santa Clara
Zoning RM4
Interior
Interior Features Breakfast Nook
Heating Electric, Forced Air, Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Spaces 1.0
Private Pool false
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Level or Stories Two Story
New Construction No
Schools
School District Palo Alto Unified
Others
Tax ID 12025067
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Listed by Kelly Griggs • Coldwell Banker Realty
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Patrick Nagel
REALTOR® | Lic# 1760790