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… Read More 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. Read Less
Courtesy of Deleon Realty, DeLeon Team 650-900-7000
Listing Snapshot
Days Online
5
Last Updated
Property Type
Triplex
Square Ft.
2,274
Lot Size
0.11 Acres
Year Built
1910
MLS Number
ML82008662
30 Days Snapshot Of 94301
$4.85M
+3%
(avg) sold price
16
+14%
homes sold
16
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5000.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1: approximately 756 square feet
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 758 square feet
Unit Three
Unit 3: approximately 760 square feet
Accessibility Features
Other
Amenities
None
Building
Built in 1910, 3 building units, 1 building, Cottage, 2,274 structure square feet
Roof
Shingle
Utilities
Public Utilities
Sewer
Sewer - Public, Sewer in Street
Security Features
None
Heating
Wall Furnace
Cooling
None
Floors
Carpet, Hardwood, Laminate
Foundation
Concrete Perimeter
Kitchen
Other
Laundry
Washer / Dryer, Washer/Dryer - Some Units
Water Features
Water On Site
Parking
1 parking space
Miscellaneous
Vacancy factor: 2
Tenant Pays
Other
Property
None, Back Yard
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