Palo Alto, CA 94301
$11,000,000
Bed
0
Bath
0
Living Space
12,830 SqFt
Year Built
1961
Lot Size
0.40 Acres
Days
41
* Nestled in the heart of Downtown Palo Alto University South, one of Palo Altos most desirable neighborhood and a few minutes away from Palo Alto CALTrain station. * The property presents a rare opportunity to own a 14-unit multi-family property offering both strong income and long-term growth potential. * Built in 1961 on an expansive 17,500 sqft (0.40 acre) lot, this 2-story building features approximately12,830 sqft of living area, (740-1100 sqft per unit, buyer to verify square footage). * All the units have 3-4 sided independent walls & balconies, granite slab, newer appliances and fixtures. Most have dishwasher, washer and dryer in unit. * The property's beautifully landscaped grounds are a standout feature with a variety of mature fruit trees & a peaceful garden courtyard that creates a serene atmosphere for residents. * The 1- & 2-bed apartments' actual rents ($2,900 -$5,100/mo) in one of the regions strongest rental markets. * 11 units were remodeled in 2022-2023 and the rest of 3 units were updated approximately 10 years ago. * Roof, gutter, furnaces, windows, hot water heaters, circulator etc. were replaced over the years of ownership. * Ample off-street permitted parking & on-site laundry facilities. * Deck, property & termite reports available. * An A+ property.
Listing provided courtesy ofMonica Yeung Arima License 01185969 Yarkin Realty
Data provided by MLSListings Inc.
- Walter Hays Elementary (Elementary) - GreatSchools rating 7/10 - Frank S. Greene Jr. Middle (Middle) - GreatSchools rating 7/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Hoover Park is a 4.2-acre neighborhood park located at 2901 Cowper Street, featuring tennis courts, basketball courts, a playground, and walking trails. Scott Park and Lytton Plaza are also nearby.
The neighborhood surrounding Cowper Street in Palo Alto is known as University South. This area is characterized by its walkability, with easy access to dining, grocery stores, transit, Stanford University, and major tech campuses. Palo Alto itself is recognized as a vibrant tech hub with a strong community feel, offering a mix of historic charm and modern innovation.
This location has a Walk Score of 96 out of 100 and a Transit Score of 74 out of 100. Daily errands do not require a car, and there are many nearby public transportation options, including bus lines such as the 21 and 280, and Caltrain rail lines.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Walter Hays Elementary (Elementary) - GreatSchools rating 7/10 - Frank S. Greene Jr. Middle (Middle) - GreatSchools rating 7/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Hoover Park is a 4.2-acre neighborhood park located at 2901 Cowper Street, featuring tennis courts, basketball courts, a playground, and walking trails. Scott Park and Lytton Plaza are also nearby.
The neighborhood surrounding Cowper Street in Palo Alto is known as University South. This area is characterized by its walkability, with easy access to dining, grocery stores, transit, Stanford University, and major tech campuses. Palo Alto itself is recognized as a vibrant tech hub with a strong community feel, offering a mix of historic charm and modern innovation.
This location has a Walk Score of 96 out of 100 and a Transit Score of 74 out of 100. Daily errands do not require a car, and there are many nearby public transportation options, including bus lines such as the 21 and 280, and Caltrain rail lines.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
