Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81819713
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.25%
Interior Features
Kitchen
Countertop - Solid Surface / Corian, Exhaust Fan
Appliances
Cooktop - Gas, Dishwasher, Exhaust Fan, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator, Washer/Dryer - Some Units
Flooring
Laminate, Tile
Cooling
None
Heating
Central Forced Air, Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, No Garage, Garage: 0 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
R1
745 Stanford Ave is a Triplex in Palo Alto, CA 94306. This 2,170 square foot property sits on a 6,450 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,744,000 and was built in 1953. This address can also be written as 745 Stanford Ave, Palo Alto, CA 94306.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of July 09, 2022. For the most current information, please contact Bryan Danforth, (650) 274-5227
