Property Details
About this Property
ATTRACTIVE SELLER FINANCING AVAILABLE! Two units currently vacant allowing a new owner to add value immediately by renovating and re-renting those units at higher rents. 6-unit apartment building in the heart of Silicon Valley in a great Palo Alto location. 1.5 miles from Stanford University, less than a mile from the Stanford Research Park, and 1 mile from the California Ave Caltrain Station. The property has one large 2-bed, 1-bath owner's unit with private balcony and fireplace, five 1-bed, 1-bath units, and a storage room/nonconforming studio ADU which could be expanded and made into a legal ADU. Perfect for an owner to live in the front unit and rent out the rest. Well maintained units with minimal deferred maintenance, but huge upside in rents in their as-is condition, or through renovation. New water heater, all copper plumbing and dual pane windows. ADU potential by converting some of the tuck-under spaces into a new unit.
MLS Listing Information
MLS #
ML81920761
MLS Source
MLSListings, Inc.
Interior Features
Appliances
Washer/Dryer
Laundry
Coin Operated
Cooling
None
Heating
Central Forced Air, Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Covered Parking, Garage: 0 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
RM4
Contact Information
Listing Agent
Bryan Danforth
Newmark Cornish & Carey
License #: 01789680
Phone: (650) 274-5227
Co-Listing Agent
Matthew Thomson
License #: 01471708
Phone: (650) 515-6555
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 6 | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,100 | 2 | 1/0 | $2,750 | – | 1 |
| 2 | 575 | 1 | 1/0 | $2,090 | – | – |
| 3 | 575 | 1 | 1/0 | $2,500 | – | – |
| 4 | 575 | 1 | 1/0 | $1,870 | – | – |
| 5 | 575 | 1 | 1/0 | $2,100 | – | – |
| 6 | 575 | 1 | 1/0 | $2,500 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
271 Curtner Ave is a Residential Income in Palo Alto, CA 94306. This 3,986 square foot property sits on a 7,997 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,960,000 and was built in 1958. This address can also be written as 271 Curtner Ave, Palo Alto, CA 94306.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Bryan Danforth, (650) 274-5227
