4185 Byron ST, Palo Alto, CA 94306

$2,500,000
4,285
SqFt

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Listed by Eymon Binesh, 650-546-1030 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

Sold listing courtesy of Eymon Binesh from M&MKW

Sold Price
$2,500,000
List Price
$2,700,000
Closing Date
Nov 04, 2024
MLS#
ML81979613
Status
SOLD
Sqft. of Residence
4,285
Lot Size
12,222
Listing Area
Midtown
Year Built
1958

Property Description

4185 Byron St. represents a rare opportunity to acquire a 6-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. Originally built in 1958, the property is situated on a 12,222 square foot parcel of land with a gross building area of 4,285 square feet and features stunning one-bedroom floor plans, some with large private patios. Palo Alto was recently ranked #6 on the livability.com list of Top 100 Best Places to Live in America. The subject property offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within walking distance to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others. The investment appeal of this asset is driven by Palo Altos incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 4185 Byron St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Additional Information

Acres
0.28
Age
66
Cooling System
Central AC, Window / Wall Unit
Days On Market
Unknown
Foundation
Concrete Slab
Garage Parking
Carport
Heating System
Wall Furnace
Laundry Facilities
Coin Operated
Living Area
4,285
Lot Size
12,222
Neighborhood
Midtown
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Wood Shakes / Shingles
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
PC

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