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$ 2,700,000
Est. payment | /mo
3 Beds
3 Baths
1,840 SqFt
$ 2,700,000
Est. payment | /mo
3 Beds
3 Baths
1,840 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,840 sqft
Price per Sqft $1,467
Lot Size 2,432 Sqft
MLS Listing ID ML82039336
Bedrooms 3
Full Baths 3
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
Area Downtown Palo Alto
Zoning RM4
Interior
Heating Central Forced Air, Electric, Wall Furnace
Cooling None
1-purchase type For Sale
Exterior
Garage On Street
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Tile
Building
Story 2
Foundation Other
Sewer Sewer - Public, Sewer Connected
Water Public
Story 2
Others
Tax ID 120-25-067
Security Features None
Horse Property No
Special Sale Not Applicable
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Listed by Kelly Griggs of Coldwell Banker Realty
Bought with Kelly Griggs of Coldwell Banker Realty
Bought with Kelly Griggs of Coldwell Banker Realty
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Robert Lucido
Advisor | yjnn 4444789