Location! Location! Location! Triplex in the heart of Silicon Valley. One 2 beds/1bath (with fireplace) and Two 1 bed / 1 bath. A great owner use and/or investment Property. Close to Stanford University, downtown Palo Alto business area and Midtown, Palo Alto High School, Oregon Expwy, El Camino Real. Walking distance to California Ave shops, restaurants & Farmer's market, parks and Cal-train station. Easy access to 101 & 280. Current rents are below market, upside potential to bring all rent to market insomuch as all tenants are month to month. Insulated door and double pane windows for all units. Exterior painting was done a couple of years ago. Each unit has washer/dryer. Tenants pay for water/waste/gas/electricity, separate water/electric meters. Owner pays only for outside electricity and storm drain, average monthly cost around $35+. Buyer to verify school information with Palo Alto School District whether Palo Alto High or Gunn High.
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