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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Kelly Griggs • Coldwell Banker Realty, DRE#01812313

$ 2,300,000

Est. payment | -/mo

3 Beds

3 Baths

1,840 SqFt

Save

$ 2,300,000

Est. payment | -/mo

Save

3 Beds

3 Baths

1,840 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $1,250

MLS Listing ID ML82043360

Bedrooms 3

Full Baths 3

Year Built 1931

Lot Size 2,432 Sqft

Property Sub-Type Single Family Home

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

Rooms

Family Room No Family Room

Dining Room Breakfast Nook

Interior

Heating Central Forced Air, Electric, Wall Furnace

Cooling None

Exterior

Parking Features On Street

Garage Spaces 1.0

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

Level or Stories 2

Others

Tax ID 120-25-067

Security Features None

Horse Property No

Special Listing Condition Not Applicable

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA, 94030, United States

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