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Key Details
Sold Price $2,744,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,170 sqft
Price per Sqft $1,264
MLS Listing ID ML81819713
Sold Date 12/23/20
HOA Y/N No
Year Built 1953
Annual Tax Amount $33,779
Lot Size 6,451 Sqft
Acres 0.1481
Property Description
Separate house with two apartment rentals behind it. All three units are 2-bed, 1-bath. Perfect opportunity to live in the front unit, while earning income on the rear units. Prime location in the heart of Silicon Valley and directly across the street from Stanford University. For single-family home buyers, this is an opportunity to expand the front house to add more square footage and build up a great 2,325 sf house, while keeping the rear units for income. Numerous capital improvements, including new roofs, copper plumbing, updated interiors, new heating systems, new sprinkler system, etc. See Offering Memorandum for more details. Property has achieved top market rents, but is currently being held vacant so the new owner can decide how/what to occupy the property. Rents and financials below are based off the most recent rents achieved at this property.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R1
Interior
Heating Central, WallFurnace
Cooling None
Flooring Laminate, Tile
Fireplace No
Appliance Dishwasher, GasCooktop, Microwave, Refrigerator, RangeHood, VentedExhaustFan
Exterior
Utilities Available NaturalGasAvailable
Roof Type Composition
Accessibility None
Total Parking Spaces 3
Building
Story 2
Sewer PublicSewer
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Palo Alto
School District Palo Alto Unified
Others
Tax ID 13702058 01
Financing Cash
Special Listing Condition Standard
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Bought with Richard Rollins • Rollins Realty
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960