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Listed by Bryan Danforth • Compass
$4,990,000
Est. payment /mo
3,298 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,298 sqft
Price per Sqft $1,513
MLS Listing ID ML82051395
HOA Y/N No
Year Built 1955
Lot Size 10,563 Sqft
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Tile
Fireplace No
Appliance Refrigerator
Building
Water Public
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