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.
| MLS # | ML82039336 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 156 |
| Listing Provided By | Coldwell Banker Realty | Kelly Griggs |
| SQ Feet | 1,922 |
|---|---|
| Garage | 1 |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | RM4 |
| Acreage | 0.06 |
| Cooling | None |
|---|---|
| Heating | Central, Electric, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Tile |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Property | 24701 |
|---|
| State | CA |
|---|---|
| County | Santa Clara |
| City | Palo Alto |
| Zip Code | 94301 |
| Area | 699 Not Defined |
| Listing VS Median (in 94301) | |
Price: $1,975,000 low | high Med: $3,425,000 sqft: 1,922 low | high Med: 2,918 $ / sqft: $1,028 low | high Med: $1,193 On site: 156 low | high Med: 62 | |
| State | CA |
|---|---|
| County | Santa Clara |
| City | Palo Alto |
| Zip Code | 94301 |
| Area | 699 Not Defined |
| Listing VS Median (in 94301) | |
Price: $1,975,000 low | high Med: $3,425,000 sqft: 1,922 low | high Med: 2,918 $ / sqft: $1,028 low | high Med: $1,193 On site: 156 low | high Med: 62 | |
![]() | $3,100,000183 Everett AvenuePalo Alto, CA 94301 |