Bought with Wendy Kandasamy • Compass
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Key Details
Sold Price $3,600,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,298 sqft
Price per Sqft $1,091
MLS Listing ID ML82051395
Sold Date 10/07/26
Bedrooms 4
Full Baths 5
Year Built 1955
Lot Size 10,563 Sqft
Property Sub-Type Five or More Units
Property Description
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.
Location
State CA
County Santa Clara
Area College
Zoning RMD (NP)
Rooms
Kitchen Cooktop - Electric, Cooktop - Gas
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Tile, Vinyl / Linoleum
Laundry Washer / Dryer
Exterior
Exterior Feature Balcony / Patio, Fenced
Parking Features Assigned Spaces
Utilities Available Individual Electric Meters
Roof Type Flat / Low Pitch,Foam,Other
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 137-02-092-01
Security Features Security Lights
Special Listing Condition Not Applicable
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