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.
1/8 mile south of Page Mill Road just off the El Camino Real. Located at Ventura area close to Stanford University and Palo Alto High School. Good Silicon Valley location. The complex consists of two-2 bedroom units and two-1 bedroom units. Great income producer. Do you have a college student? This property can also house your child who attends the university plus receive rental income to help with any operational costs of ownership. Own in one of the very best cities in Silicon Valley. Currently, the complex is fully occupied with long term occupants. Make this complex your next investment.
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).
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).
Recently updated a fantastic flexible-use open floor plan in sought-after Midtown, Palo Alto. Perfect income property with 2/2 and 2/1.5 units. One of the units has a completely brand-new kitchen. New deck for your outdoor activities. Walking distance to your favorite midtown stores, Hoover Park and Bank, etc. Also, it can live in one of the units & collect the rent from the other unit.
Recently updated a fantastic flexible-use open floor plan in sought-after Midtown, Palo Alto. Perfect income property with 2/2 and 2/1.5 units. One of the units has a completely brand-new kitchen. New deck for your outdoor activities. Walking distance to your favorite midtown stores, Hoover Park and Bank, etc. Also, it can live in one of the units & collect the rent from the other unit.
Palo Alto is located in California. Palo Alto, California has a population of 67,082. Palo Alto is more family-centric than the surrounding county with 42.9% of the households containing married families with children. The county average for households married with children is 40.4%.
The median household income in Palo Alto, California is $147,537. The median household income for the surrounding county is $106,761 compared to the national median of $57,652. The median age of people living in Palo Alto is 41.8 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 38.5 degrees. The average rainfall is approximately 23.2 inches per year, with 0 inches of snow per year.