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$ 4,990,000
Est. payment | /mo
10,563 Sqft Lot
$ 4,990,000
Est. payment | /mo
10,563 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82051395
HOA Y/N No
Year Built 1955
Annual Tax Amount $59,950
Lot Size 10,563 Sqft
Property Description
Rare six-unit investment opportunity in Palo Alto's coveted College Terrace neighborhood. Offered on two adjacent parcels, the property consists of a fourplex and duplex with strong in-place income, attractive floor plans, private outdoor spaces, covered parking, and direct gated access to Cameron Park. Available for purchase together or separately. Unique parcel configuration may allow residential-style financing with separate loans on each property. Located just steps from Stanford University, Stanford Research Park, California Avenue, Caltrain, shopping, dining, and major employment centers, the property benefits from exceptional tenant demand. Investors will appreciate the potential for future value-add improvements, ADUs, owner occupancy, or long-term hold strategies.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RMD (NP)
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 7
Roof Type Flat,Foam,Other
Building
Water Public
Schools
School District Palo Alto Unified
Others
Tax ID 13702092
Security Features Security Lights
Special Listing Condition Standard
Listed by Bryan Danforth Compass #01789680
NEARBY SCHOOLS & PROPERTIES
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