$3,500,000
$3,500,000
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Address not disclosed Palo Alto, CA 94301
3,270 SqFt
Key Details
Sold Price $3,500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,270 sqft
Price per Sqft $1,070
MLS Listing ID ML81758130
Sold Date 10/15/19
HOA Y/N No
Year Built 1957
Annual Tax Amount $43,750
Lot Size 5,000 Sqft
Acres 0.1148
Property Description
Rare Opportunity to own investment property in heart of Downtown Palo Alto! Pride of Ownership Units in Prime Location! Turnkey, modern remodeled property with excellent tenant history. Walking distance to University Ave, Stanford University, Cal Train Station, Stanford Mall. All units remodeled in 2015. Hardwood floors, stainless steel appliances, new cabinets and counters. Very practical as turnkey investment property or pragmatic owner/user investment. Live in one unit and collect as much as $9,000 per month toward living expenses. Dedicated parking for each unit. Clean property and reports. Very rare for multi unit to be available in this highly desirable location!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM2
Interior
Heating Forced Air
Cooling Whole House Fan
Flooring Wood
Fireplace No
Exterior
Garage Covered
Carport Spaces 3
Roof Type Composition
Accessibility Other
Parking Type Covered
Total Parking Spaces 3
Building
Story 2
Foundation Concrete Perimeter
Schools
Elementary Schools Other
High Schools Palo Alto
School District Palo Alto Unified
Others
Tax ID 12005016
Security Features Security Lights
Financing Cash
Special Listing Condition Standard
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Bought with John Chao • Action Properties