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Additional details
Listed by Tony Zizzo • Compass
$2,500,000
Est. payment /mo
4,310 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,310 sqft
Price per Sqft $580
MLS Listing ID ML82030786
HOA Y/N No
Year Built 1951
Lot Size 9,000 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Located on a quiet cul-de-sac, the property benefits from strong tenant demand driven by proximity to major Silicon Valley employers, top-rated schools, and Stanford University. The property consists of 5 units with a desirable mix of (3) 2BD/1BA units and (2) 1BD/1BA units, appealing to professionals, couples, and small families. Two units feature mini-split air conditioning systems, supporting tenant comfort and potential rental upside. Tenants enjoy convenient access to Downtown Palo Altos dining, retail, and entertainment options, while remaining less than two miles from Stanford University. Situated on a well-utilized infill lot in a supply-constrained submarket, the property offers long-term investment stability. The cul-de-sac setting provides a residential feel while maintaining close proximity to transit corridors and employment centers. Subject to buyer verification, the lot may offer potential for an additional dwelling unit (ADU). Improvements include a newly repaved driveway, dual-pane windows, and a newer roof installed in 2011. Units retain original hardwood floors, cabinetry, and countertops, providing classic charm and a value-add opportunity.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Flooring Hardwood
Fireplace No
Exterior
Handicap Access Other
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Vicky Van Brocklin
Broker | License ID: 01512910
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