21
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$2,500,000
Est. payment /mo
3,263 SqFt
Open Fri 1:30PM-3PM
2735 Byron ST Palo Alto, CA 94306
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Fri Jan 16, 1:30pm - 3:00pm
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,263 sqft
Price per Sqft $766
MLS Listing ID ML82030788
HOA Y/N No
Year Built 1953
Annual Tax Amount $29,938
Lot Size 6,899 Sqft
Property Sub-Type Quadruplex
Property Description
Positioned on a desirable cul-de-sac in Palo Alto's Midtown neighborhood, this well-located multifamily asset offers a rare opportunity to own in one of Silicon Valley's most sought-after rental markets. The property consists of 4 residential units with a marketable mix of (1) 3BD/2BA owner's unit, (2) 1BD/1BA units, and (1) studio, along with a coin-operated laundry facility providing additional income. Tenants enjoy convenient access to Downtown Palo Alto's dining, retail, nightlife, and cultural amenities, while remaining less than two miles from Stanford University and the city's core. The building encompasses approximately 3,263 SF on a 6,899 SF lot. Parking is above average for the submarket, featuring four tuck-under parking spaces, all assigned to tenants. Recent improvements include dual-pane windows, a newer roof installed in 2011, and a repaved driveway completed in 2021. The property is in the process of upgrading mail and electrical sub-panels. Units retain original hardwood floors, kitchen cabinetry, and countertops, offering value-add potential. Unit 2735 is a 3BD/2BA owners unit featuring a private patio, spacious living area, and forced-air heating. Current ownership pays water, trash, and sewer; new ownership may explore implementing RUBS to enhance income.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM3
Interior
Heating Wall Furnace
Flooring Carpet, Wood
Fireplace No
Appliance Refrigerator, Vented Exhaust Fan
Exterior
Parking Features Carport
Carport Spaces 4
View Y/N No
Roof Type Flat,Shingle
Accessibility Other
Building
Story 2
Foundation Concrete Perimeter
Sewer Private Sewer
Schools
School District Palo Alto Unified
Others
Tax ID 13255025
Special Listing Condition Standard
Listed by Tony Zizzo Compass
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