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$ 7,500,000
Est. payment | /mo
3 Beds
2 Baths
8,746 SqFt
$ 7,500,000
Est. payment | /mo
3 Beds
2 Baths
8,746 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,746 sqft
Price per Sqft $857
MLS Listing ID ML81980465
Bedrooms 3
Full Baths 2
Year Built 1954
Lot Size 0.320 Acres
Property Description
We are proud to present a remarkable investment opportunity at 365 Everett Ave, located in the heart of Downtown Palo Alto, CA. This 11 unit apartment consists of (1) 2-bed,1-bath unit and (10) 1-bed, 1-bath units. Three of the units have been thoughtfully renovated, showcasing premium upgrades including modernized flooring, kitchens, and bathrooms. The building also offers convenient amenities such as storage rooms, dedicated carports and parking spaces, private courtyards for ground-floor tenants, a private patio for the 2-bed unit, and an on-site laundry facility. With a total of 8,746 square feet of living space situated on a 0.33-acre lot, this property exemplifies pride of ownership. Just steps away from Downtown Palo Alto, the property offers immediate access to acclaimed restaurants, boutique shops, and the iconic Stanford Theater. Its also located less than 1.5 miles from the prestigious Stanford University and the Stanford Shopping Center, placing tenants at the center of it all..
Location
State CA
County Santa Clara
Area Downtown Palo Alto
Zoning RM4
Interior
Heating Forced Air
Cooling Ceiling Fan
Exterior
Parking Features On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Tar and Gravel
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 120-14-036
Security Features None
Special Listing Condition Not Applicable
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Listed by Ray Rodriguez • Compass
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Eduardo Huerta
REALTOR®, Mortgage Loan Originator, Broker-Owner | Lic# 1391479