CA > Palo Alto
Palo Alto, CA 94306,2735 Byron ST
Palo Alto, CA 94306,2735 Byron ST
Palo Alto, CA 94306,2735 Byron ST
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Steven Gary

Steven Gary

+1(408) 644-3287
Listed by Tony Zizzo • Compass
$2,500,000
Est. payment /mo
5 Beds
5 Baths
3,263 SqFt
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Open House

Fri Jan 16, 1:30pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,263 sqft

Price per Sqft $766

MLS Listing ID ML82030788

Bedrooms 5

Full Baths 5

Year Built 1953

Lot Size 6,899 Sqft

Property Sub-Type Fourplex

Property Description

Positioned on a desirable cul-de-sac in Palo Alto's Midtown neighborhood, this well-located multifamily asset offers a rare opportunity to own in one of Silicon Valley's most sought-after rental markets. The property consists of 4 residential units with a marketable mix of (1) 3BD/2BA owner's unit, (2) 1BD/1BA units, and (1) studio, along with a coin-operated laundry facility providing additional income. Tenants enjoy convenient access to Downtown Palo Alto's dining, retail, nightlife, and cultural amenities, while remaining less than two miles from Stanford University and the city's core. The building encompasses approximately 3,263 SF on a 6,899 SF lot. Parking is above average for the submarket, featuring four tuck-under parking spaces, all assigned to tenants. Recent improvements include dual-pane windows, a newer roof installed in 2011, and a repaved driveway completed in 2021. The property is in the process of upgrading mail and electrical sub-panels. Units retain original hardwood floors, kitchen cabinetry, and countertops, offering value-add potential. Unit 2735 is a 3BD/2BA owners unit featuring a private patio, spacious living area, and forced-air heating. Current ownership pays water, trash, and sewer; new ownership may explore implementing RUBS to enhance income.

Location

State CA

County Santa Clara

Area Midtown

Zoning RM3

Rooms

Other Rooms Laundry Room

Kitchen Appliances - Vary by Unit, Countertop - Formica, Exhaust Fan, Oven Range - Gas, Refrigerator

Interior

Heating Central Forced Air - Gas, Wall Furnace

Cooling Ceiling Fan, Other

Flooring Carpet, Hardwood

Laundry Coin Operated

Exterior

Exterior Feature Balcony / Patio

Parking Features Carport , On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch,Shingle

Building

Story 2

Foundation Concrete Perimeter, Crawl Space

Sewer Sewer - Private

Water Private / Mutual

Level or Stories 2

Others

Tax ID 132-55-025

Security Features Other

Horse Property No

Special Listing Condition Not Applicable

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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2735 Byron ST

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