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.
Bedrooms
3
Bathrooms
3
Square Feet
1,922
Lot Size
2,432 sqft
Year Built
1931
Property Type
Single Family Residence
Days on Market
98
HOA Fee
N/A
Garage Total
1
MLS #
ML82043360
Interior Features
Breakfast Area
Heating
Central, Electric, Wall Furnace
Garage Spaces
1
Roof
Tile
Sewer
Public Sewer
Water Source
Public
$0
| Rating | School Name |
|---|---|
N/A | Guidepost Montessori Private School |
N/A | Odyssey Montessori Private School |
10 | Addison Elementary Elementary School |
10 | Palo Alto High High School |
N/A | Castilleja School Private School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features