Rare six-unit investment opportunity in Palo Alto's coveted College Terrace neighborhood. Offered on two adjacent parcels, the property consists of a fourplex and duplex with strong in-place income, attractive floor plans, private outdoor spaces, covered parking, and direct gated access to Cameron Park. Available for purchase together or separately. Unique parcel configuration may allow residential-style financing with separate loans on each property. Located just steps from Stanford University, Stanford Research Park, California Avenue, Caltrain, shopping, dining, and major employment centers, the property benefits from exceptional tenant demand. Investors will appreciate the potential for future value-add improvements, ADUs, owner occupancy, or long-term hold strategies.
49 days
|
717
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17
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Zillow last checked:
Listing updated:
Listed by:
Bryan Danforth01789680650-274-5227,
Compass650-941-1111,
Matthew Thomson01471708650-515-6555
Source: MLSListings Inc,MLS#: ML82051395
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 5
Heating
Wall Furnace
Cooling
None
Appliances
Included: Electric Cooktop, Gas Cooktop, Washer/Dryer
Features
Flooring: Hardwood, Tile, Vinyl Linoleum
Doors: None
Interior area
Total structure area: 3,298
Total interior livable area: 3,298 sqft
Property
Parking
Parking features: Assigned
Has carport: Yes
Accessibility
Accessibility features: None
Lot
Size: 10,563 Square Feet
Details
Parcel number: 1370209201
Zoning: RMD (NP)
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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