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Listed by Deleon Realty
$3,240,000
Est. payment /mo
2,274 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,274 sqft
Price per Sqft $1,424
MLS Listing ID ML82008662
HOA Y/N No
Year Built 1910
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
Property Description
Just blocks from the heart of downtown Palo Alto, this well-maintained triplex offers a rare chance to build long-term wealth in one of the country's most desirable cities. The property includes three distinct units: a 1-bedroom/1-bath, a 2-bedroom/1.5-bath two-story, and a studio with a full bath, each offering its own appeal. The two larger units feature updated kitchens, while the studio provides an updated kitchenette and an efficient layout ideal for additional income. Whether you're an investor looking for strong cash flow, a savvy buyer planning to live in one unit while renting the others, or a first-time investor ready to get into the market, this property delivers outstanding flexibility and value. With University Avenue, Stanford, top-ranked schools, world-class dining and shopping, and major employers all nearby, this location checks all the boxes: immediate income, long-term upside, and endless potential.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Schools
School District Palo Alto Unified, Palo Alto Unified
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803