855.375.4001
Listed by Ray Rodriguez - Compass
$3,500,000 affordable loan icon Calculate Payment

318 Emerson Street Palo Alto, CA 94301

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Fourplex Residence
Beds
Baths
... Bed/Bath
3,160 Sq. Ft.

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Last updated on 7/7/2024 12:13 AM
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 impr...essive 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. Continue reading
MLS#
ML81971494
Property Type
Fourplex
Year Built
1900
Square Feet
3,160 sq. ft
Lot Size
0.13
Sewer
Private Sewer System

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Listed by Ray Rodriguez - Compass
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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