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318 Emerson Street

Palo Alto, CA 94301
  • $3,450,000
  • STATUS: Active
  • ON SITE: 160 Days
  • ID#: ML81915101
UPDATED: 63 min ago
$3,450,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,160
    SQFT
  • $1,092
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:
Listing Agent(s): Zachary Trailer of Compass ((650) 314-7200)


Description

Incredible opportunity to own a prime 4-plex in a coveted Downtown Palo Alto location. This charming building consists of two 2 bedrooms/2 bathroom and two 1 bedroom/1 bathroom units. Some beautiful updating includes, but not limited to, new kitchens and bathrooms in two of the units. Always easy to rent as tenants are blocks away from the best of Downtown Palo Alto, parks, highly rated schools, Caltrain and Stanford University. An amazing opportunity to own a turn of the century, charming building in the most coveted Downtown Palo Alto location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-30T12:29:15.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/135523207
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318 Emerson Street Palo Alto, CA 94301

  • Price: $3,450,000
  • Status: Active
  • On Site: 160 Days
  • Updated: 63 min ago
  • ID#: ML81915101
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,160
SQFT
$1,092
$/SQFT
1900
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
Palo Alto Unified
Property Description
Incredible opportunity to own a prime 4-plex in a coveted Downtown Palo Alto location. This charming building consists of two 2 bedrooms/2 bathroom and two 1 bedroom/1 bathroom units. Some beautiful updating includes, but not limited to, new kitchens and bathrooms in two of the units. Always easy to rent as tenants are blocks away from the best of Downtown Palo Alto, parks, highly rated schools, Caltrain and Stanford University. An amazing opportunity to own a turn of the century, charming building in the most coveted Downtown Palo Alto location.
Exterior Features

Carport Spaces 0 Foundation Details Concrete Perimeter Parking Features Off Street Parking Total 2 Roof CompositionShingle

Interior Features

Accessibility Features Other Cooling None Cooling YN No

Property Features

Association YN No Cap Rate 2.81 Garage YN Yes Gross Scheduled Income 163200 Insurance Expense 2000 Listing Agreement Exclusive Right To Sell Maintenance Expense 5000 Other Expense 0 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 42560 Trash Expense 0 Water Source Public Zoning Rm4



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-30T12:29:15.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Zachary Trailer of Compass ((650) 314-7200)