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
57
* 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 9/10 - Jane Lathrop Stanford Middle School (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 open grassy areas, tennis courts, handball courts, a playground, and a multi-purpose concrete bowl. Bowden Park, a 2.0-acre neighborhood park, is located at 2380 High Street and offers an open grassy area surrounded by trees. Peers Park, situated at 1899 Park Blvd, includes playgrounds, large playing fields, dog parks, tennis courts, and a basketball court.
The Cowper Street area is part of Palo Alto, a city known for its historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife. The city is characterized by its tree-lined streets and a strong community feel, with a buzzing tech start-up scene and exceptional restaurants. The neighborhood offers a relaxed ambiance with low noise levels and convenient access to local businesses and dining establishments.
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 public transportation options available, including Caltrain at the Palo Alto Station and California Avenue Station, as well as VTA buses.
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 9/10 - Jane Lathrop Stanford Middle School (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 open grassy areas, tennis courts, handball courts, a playground, and a multi-purpose concrete bowl. Bowden Park, a 2.0-acre neighborhood park, is located at 2380 High Street and offers an open grassy area surrounded by trees. Peers Park, situated at 1899 Park Blvd, includes playgrounds, large playing fields, dog parks, tennis courts, and a basketball court.
The Cowper Street area is part of Palo Alto, a city known for its historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife. The city is characterized by its tree-lined streets and a strong community feel, with a buzzing tech start-up scene and exceptional restaurants. The neighborhood offers a relaxed ambiance with low noise levels and convenient access to local businesses and dining establishments.
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 public transportation options available, including Caltrain at the Palo Alto Station and California Avenue Station, as well as VTA buses.
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.
