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Sold for $2,960,000
  • $2,960,000

    Curtner Paloalto, Palo Alto, CA 94306

    7beds
    6baths
    3,986sqft
    Five Or More Units, Residential Income
    Built in 1958
    -- sqft lot
    $3,438,600 Zestimate®
    $743/sqft
    $5,465 Estimated rent

    Home value

    $3,438,600

    $3.06M - $3.95M

    $5,465/mo

    Zestimate® history
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    Owner options

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    $5,465/mo

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    $5,465/mo

    Rent Zestimate®

    Refinance and save

    $18,717/mo

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    $18,717/mo

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    What's special

    ATTRACTIVE SELLER FINANCING AVAILABLE! Two units currently vacant allowing a new owner to add value immediately by renovating and re-renting those units at higher rents. 6-unit apartment building in the heart of Silicon Valley in a great Palo Alto location. 1.5 miles from Stanford University, less than a mile from the Stanford Research Park, and 1 mile from the California Ave Caltrain Station. The property has one large 2-bed, 1-bath owner's unit with private balcony and fireplace, five 1-bed, 1-bath units, and a storage room/nonconforming studio ADU which could be expanded and made into a legal ADU. Perfect for an owner to live in the front unit and rent out the rest. Well maintained units with minimal deferred maintenance, but huge upside in rents in their as-is condition, or through renovation. New water heater, all copper plumbing and dual pane windows. ADU potential by converting some of the tuck-under spaces into a new unit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Danforth 01789680 650-274-5227,

    Newmark Cornish & Carey 408-727-9600,

    Matthew Thomson 01471708 650-515-6555

    Bought with:

    , 01471708

    Newmark Cornish & Carey

    , 01789680

    Newmark Cornish & Carey

    Source: MLSListings Inc,MLS#: ML81920761MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Heating
    • Central Forced Air, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Washer/Dryer
    • Laundry: Coin Operated
    Features
    • Doors: None
    Interior area
    • Total structure area: 3,986
    • Total interior livable area: 3,986 sqft

    Property

    Parking
    • Parking features: Assigned, Covered
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 7,971 Square Feet
    Details
    • Parcel number: 13241033
    • Zoning: RM4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1958

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $743/sqft
    • Date on market: 3/6/2023
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    9/11/2023Sold$2,960,000-6%$743/sqft
    Source: MLSListings Inc #ML81920761 Report a problem
    8/27/2023Pending sale$3,150,000$790/sqft
    Source: MLSListings Inc #ML81920761 Report a problem
    5/18/2023Listed for sale$3,150,000$790/sqft
    Source: MLSListings Inc #ML81920761 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Barron Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: BarronParkElementary
    • Middle: TermanMiddle
    • High: HenryMGunnHigh
    • District: PaloAltoUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,438,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,438,600