Exceptional investment opportunity in the heart of Downtown Palo Alto. Updated three unit building featuring three 1 bedroom, 1 bath units, each with refreshed kitchens and baths plus in-unit laundry for each. Two units enjoy private outdoor patios. One unit includes an attached garage for storage. Fully leased building with consistent, strong tenant demand. Ideally located just steps from downtown dining and shops, and less than a mile from Stanford University, Stanford Hospital and Stanford Shopping Center, plus easy commute to Silicon Valley tech companies. Its unmatched location and consistent tenant appeal make it a compelling choice for investors seeking reliable income and longterm upside in a great downtown Palo Alto location.
Location
Financial Information
List Price:$ 2300000
Property Features
Elementary School:Other
Heating:Central, Electric
High School:Palo Alto
High School District:Palo Alto Unified
Middle Or Junior School:Other
Roof:Tile
Water Source:Public
Elementary School:Other
High School:Palo Alto
High School District:Palo Alto Unified
Middle Or Junior School:Other
MLS Area Major:699 - Not Defined
City:Palo Alto
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Listed By:
Kelly Griggs
Coldwell Banker Realty
Co-listed by
Billy McNair
CA Lic#
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