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474 Matadero AVE, Palo Alto
$2,700,000
4 Beds ⋅ ML81994098 MLS
474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,397 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood.

474 Matadero AVE, Palo Alto

Listed by Philip Batlin, 415-625-2189 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Karen Zeng from COMPS

1052-1072 College AVE, Palo Alto
$3,200,000
3 Beds ⋅ ML81984509 MLS
** LOCATION LOCATION LOCATION** ONE-OF-A-KIND Property in the desirable College Terrace Community. This 3 cottage/ 4 unit property sits on a 3 parcel lot. Tree lined neighborhood on College Avenue in the beautiful city of Palo Alto. Conveniently and centrally located between the 101 and 280, less than a mile distance to Stanford University, close to El Camino Real, and shopping centers. Each unit boasts tasteful modern updates sprinkled in classic charm. Three units have private laundry for convenience. All units feature tile, LVP, wood flooring and modern appliances. Each unit with refreshed bathrooms, new fixtures, and large windows for tranquilizing natural sunlight. Outdoor space contains a mixture of low maintenance features, greenery, and private wood backyard fencing for nourishing intimate feel. The front yard is shaded by the street lined trees providing additional privacy. Note property parcel numbers are: 137-03-032,137-03-033,137-03-034

1052-1072 College AVE, Palo Alto

Listed by Rosemary Gibson, 650-518-2382 from Berkshire Hathaway HomeServices DrysdaleProperties
(If provided) CoList: from

Sold listing courtesy of RECIP from RCIP

183 Everett AVE, Palo Alto
$2,050,000
3 Beds ⋅ ML81980477 MLS
We are proud to present a remarkable investment opportunity at 183 Everett Ave, located in the dynamic and highly sought-after heart of Downtown Palo Alto. This exceptional triplex, with the potential for an ADU, is a true standoutoffering investors the rare chance to acquire a prime piece of real estate in one of the most vibrant cities in Silicon Valley. The property features a diverse and appealing unit mix, including one 2-bed, 1-bath unit, one 1-bed, 1-bath unit, one studio, and a potential 1-bed, 1-bath ADU. All units have been thoughtfully upgraded with modern kitchens, baths, and flooring, along with in-unit washers and dryers. With 1,335 square feet of living space on a 0.07-acre lot in Downtown Palo Alto, the opportunities for growth and value appreciation are significant. What sets 183 Everett Ave apart is its unbeatable location. Situated just steps from the bustling core of Downtown Palo Alto, residents will enjoy easy access to renowned restaurants trendy boutiques, and the historic Stanford Theater. Additionally, the property is less than a mile from the prestigious Stanford University and the premier Stanford Shopping Center. **Income includes estimated income for ADU**

183 Everett AVE, Palo Alto

Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass

Sold listing courtesy of Cathy Liu from GH22P

318 Emerson ST, Palo Alto
$3,500,000
6 Beds ⋅ ML81971494 MLS
The R&Z Group of Compass Commercial is excited to bring to market this incredible opportunity at 318 Emerson St, right in the heart of Downtown Palo Alto. This fourplex is a true gem, offering a unique chance for savvy investors to dive into a prime piece of real estate. The property boasts an impressive configuration of (2) 2 bed 2 bath and (2) 1 bed 1 bath units. Additional features include three garage spaces that are currently being leased as storage with the potential to be converted into ADU, a back courtyard, a long driveway, and an on-site washer/dryer. With a spacious 3,160 square feet of living space on a 0.13-acre lot. What makes 318 Emerson St truly stand out is its unbeatable location! Just a stone's throw from Downtown Palo Alto, you'll be within walking distance of top-rated restaurants, trendy shops, and the iconic Stanford Theater. Plus, it's less than a mile from the world-renowned Stanford University and the Stanford Shopping Center. This isn't just a property; it's a gateway to the best of Palo Alto living! Investors will love the consistent and high rental demand, the modern touches in a historical setting, and the proximity to key amenities and landmarks. One unit is currently vacant. Potential seller financing is available.

318 Emerson ST, Palo Alto

Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass

Sold listing courtesy of Jenny Teng from APR

4145-4147 Byron ST, Palo Alto
$3,425,000
7 Beds ⋅ ML81968418 MLS
Discover boundless potential in this stylish duplex, perfectly situated at the end of a cul-de-sac in Palo Alto's Greenmeadow neighborhood. The two units offer a total of 7 bedrooms and 4 bathrooms, catering to both family living and investment potential. Both homes offer a centerpiece fireplace in the living room and peaceful backyard space to entertain and unwind. While 4147 boasts an updated kitchen with new appliances and an attached garage, 4145 offers additional amenities like a jetted tub, bonus space, balcony, and a built-in backyard grill. Situated within walking distance of Mitchell Park and the Cubberley Community Center, and a short drive from the shops, restaurants, and world-class movie theater in The Village at San Antonio Center, this home also grants easy access to US-101 and is served by sought-after schools Fairmeadow Elementary, JLS Middle, and Gunn High (buyer to verify eligibility).

4145-4147 Byron ST, Palo Alto

Listed by DeLeon Team, 650-900-7000 from Deleon Realty
(If provided) CoList: from

Sold listing courtesy of Jessie Zhong from EXPCA

620-622 Keats CT, Palo Alto
$3,300,000
5 Beds ⋅ ML81967517 MLS
Rare opportunity to own two beautiful side-by-side, townhouse-style units for the price of a single family home in sought-after Palo Alto. This vacant, turn-key and spacious duplex is a great option for buyers seeking a home with an ADU - live in one and use the other for extended family and guests or rental income. Situated on a large 9148 sq ft lot (per tax records) and tucked away on a cul-de-sac, the pride of ownership property features a 3BD/2BA, approx. 1705 sq ft home with 2-car garage and a 2BD/2BA, approx. 1420 sq ft home with 1-car garage (sq ft per graphic artist). Each home offers professionally landscaped park-like yards, stylishly remodeled kitchens, updated baths, separate laundry rooms, fireplaces, and air conditioning. Convenient location in a city known as the "Birthplace of Silicon Valley" and for its Mediterranean climate, ties to Stanford University, and wide array of community amenities. Within strolling distance to Piazzas grocery store, Peets Coffee and other delights at Charleston Shopping Center and to the city's largest library, Magical Bridge playground and pickleball courts at Mitchell Park. Easy commute access to Highway 101 and Caltrain. Highly acclaimed schools: Fairmeadow Elem, JLS Middle and Gunn High (buyer to verify eligibility).

620-622 Keats CT, Palo Alto

Listed by Tara Burke, 415-571-5654 from Compass
(If provided) CoList: Sara Khan from Compass

Sold listing courtesy of Isabella Sun from APR

412 Leland AVE, Palo Alto
$3,631,750
9 Beds ⋅ ML81952083 MLS
408-412 Leland Ave is a stunning 5*-unit investment opportunity located across the street from the globally recognized Stanford University Campus in the thriving city of Palo Alto, California. Situated on a 5,000-square-foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 3,293 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. Additionally, investors have the opportunity to further increase cash flow through developing a two-bedroom two-bathroom ADU. 408-412 Leland Ave is well-positioned in one of the Bay Area's most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of "Top 100 Best Places to Live in America". The subject property offers renters closer proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Cloudera, Visa, Sony as well as many others.

412 Leland AVE, Palo Alto

Listed by Cole Simpson, 650-888-7696 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

Sold listing courtesy of Susan Sims from AGNC

458-460 Margarita AVE, Palo Alto
$2,200,000
4 Beds ⋅ ML81945732 MLS
Opportunity awaits! Duplex near Palo Alto's quiet & tree lined Midtown and Barron Park neighborhoods! With a total living space of 1,400 Sq. Ft. and a generous lot size of 7,200 Sq. Ft., this duplex provides ample room for expansion or development. Take a turn off El Camino Real and you'll find this Ranch style property that features 2 bedrooms, 1 bath, a detached one car garage, and separate meters for each unit, making them suitable for potential renters or buyers. One unit has a recently remodeled kitchen, the other unit has newer flooring. This fully occupied duplex is minutes away from several award-winning Palo Alto schools, shopping plazas, Stanford University, and Stanford Hospital. Enjoy close proximity to employers Google, Apple, Facebook, and Amazon. The condition and location of this duplex makes it a desirable investment for those looking to capitalize on the area's strong rental market and future growth potential.

458-460 Margarita AVE, Palo Alto

Listed by Ivony Gomez-gonzalez, 626-756-1510 from Elite Realty Services
(If provided) CoList: from

Sold listing courtesy of Calvin Zheng from GVFR

102 Colorado AVE, Palo Alto
$1,925,000
4 Beds ⋅ ML81946018 MLS
Incredible add-value opportunity! Fourplex in Midtown Palo Alto strategically positioned on 7,607 SF corner lot. THREE UNITS CURRENTLY VACANT! New owner can implement upgrades and achieve immediate upside. Only ¼ mile walk to Cal Train and California Ave with numerous shopping and dining amenities, public events and regular Sunday farmers market. RM-30 Zoning allows for higher density in this district, giving a buyer options to continue to operate this as a 4-plex with good rental income, or redevelop into other housing, such as brand new condos. All 4 units are 1-bedroom / 1-bath apartments. Originally Studios, the bedrooms were converted from garage space. Tenants enjoy 4 driveway and 2 open parking spaces. 102 Colorado Avenue is an excellent investment opportunity for investors, owner-occupiers & developers.

102 Colorado AVE, Palo Alto

Listed by Matthew Thomson, 650-515-6555 from Newmark Cornish & Carey
(If provided) CoList: Bryan Danforth from Newmark Cornish & Carey

Sold listing courtesy of Richard Hernandez from COMPS

727-729 Middlefield RD, Palo Alto
$2,948,000
4 Beds ⋅ ML81934840 MLS
Unique property on a 7,500 +/- sq ft lot ideal for owner/occupant or investor. Great Community Center location, practically Downtown Palo Alto.. Close to Stanford University, Stanford Hospital, Stanford Shopping Center, Caltrain and commuter routes. Enjoy the privacy and the feel of single family home living. Front unit is one-story 2bd,1ba with approx.1,153 sq ft, and the back unit is a two-story 2bd,1.5ba with approx.1,252 sq ft. Totally adorable with many upgrades throughout. Each unit has separate postal address.. Unique opportunity to also purchase the adjacent property at 735-737 Middlefield also listed at $3,100,000. Rare opportunity to own 2 properties side-by-side for an approximate lot of 15,000 sq ft. Options to live in, rent out for additional income, remodel or build new. Homes show beautifully - A must see!!!

727-729 Middlefield RD, Palo Alto

Listed by Nella Hattori, 650-333-0592 from Keller Williams Palo Alto
(If provided) CoList: from

Sold listing courtesy of Joshua Chavez from RAIN

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