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Jeffrey Walker

jeffrey@walkerpropertygroupca.com +1(949) 903-3731

$ 3,995,000

Est. payment | -/mo

4,290 SqFt

Save

$ 3,995,000

Est. payment | -/mo

Save

4,290 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,290 sqft

Price per Sqft $931

MLS Listing ID ML82064694

HOA Y/N No

Year Built 1968

Annual Tax Amount $3,585

Lot Size 6,573 Sqft

Property Sub-Type Triplex

Property Description

Rare opportunity to own an exceptionally spacious triplex in Palo Altos desirable College Terrace neighborhood, offering approximately 4,350 sf of living space across three substantial residences. The front residence is the largest, a two-story 3-bedroom, 2.5-bath home with generous living areas and laminate flooring. The middle residence offers 3 bedrooms and 2 baths on one level, while the private rear two-story 2-bedroom, 2-bath residence features its own patio and direct access to covered carport parking. Each unit offers unusually spacious rooms and a level of livability rarely found in a three-unit property. Additional amenities include six covered carport spaces, storage, and shared laundry. Ideally located near Stanford University, California Avenue shopping and dining, Caltrain, and major Silicon Valley employment centers, the property offers an exceptional combination of location, size, and long-term potential. Current rents are below market providing future income-growth potential. This is a unique opportunity for an investor or future owner-occupant seeking in-place income, long-term rental upside, and a substantial multifamily property in one of Palo Altos most desirable neighborhoods.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM3T

Interior

Cooling Gas

Flooring Carpet, Laminate

Fireplace No

Appliance Double Oven, Dishwasher, Electric Cooktop, Disposal, Refrigerator, Vented Exhaust Fan

Exterior

Parking Features Carport

Carport Spaces 6

View Y/N No

Roof Type Composition

Accessibility None

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Palo Alto

School District Palo Alto Unified

Others

Tax ID 12428016

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Bouja & Swenson G... Golden Gate Sotheby's International Realty #70010295

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 903-3731

jeffrey@walkerpropertygroupca.com

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301 College AVE Palo Alto, CA 94306