$2,500,000
$2,388,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Palo Alto, CA 94306
1,852 SqFt
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,852 sqft
Price per Sqft $1,349
MLS Listing ID ML81883502
Sold Date 05/24/22
HOA Y/N No
Year Built 1955
Annual Tax Amount $29,397
Lot Size 5,026 Sqft
Property Sub-Type Triplex
Property Description
Turn-key triplex in an excellent Palo Alto location across the street from Stanford. All three units have 1 bedroom and 1 bathroom around 630 sf, unit 1862 has an additional 60 sf office. Clean section 1 and 2 in termite report. Excellent property condition with numerous renovations and upgrades including all kitchens and baths remodeled with permits (most recently in 2019), electrical service from the street upgraded to 200 amps with all new main and subpanels, new furnaces in each unit, all windows with new double pane low-E glass for quiet and insulation, complete earthquake upgrade / retrofit with permits, etc. Ideal property to attract great tenants like Stanford grad students and tech employees. 3 garages (one private, two currently used for storage) with the possibility to convert to ADU(s) for significant increase in rental income (not guaranteed by owner or broker). Walkers Paradise, walkability score of 92 and Bike Score of 100: Daily errands do not require a car
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM2
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Exterior
Parking Features Off Street
Garage Spaces 3.0
Garage Description 3.0
Roof Type Composition
Accessibility None
Total Parking Spaces 3
Building
Story 2
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Palo Alto
School District Palo Alto Unified
Others
Tax ID 12430041
Financing Conventional
Special Listing Condition Standard
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Bought with Dedy Efendi Action Properties Inc






