Property Details
About this Property
474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,397 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood.
MLS Listing Information
MLS #
ML81977171
MLS Source
MLSListings, Inc.
Days on Site
96
Interior Features
Flooring
Laminate
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Wood
Foundation
Wood Frame
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Zoning
RM4
Contact Information
Listing Agent
Philip Batlin
Marcus & Millichap
License #: 01873218
Phone: (415) 625-2189
Co-Listing Agent
Haili Wu
Kidder Mathews
License #: 02090722
Phone: (415) 941-8805
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 800 | 1 | 1/0 | $2,574 |
| 2 | 800 | 1 | 1/0 | $3,000 |
| 3 | 800 | 1 | 1/0 | $2,600 |
| 4 | 797 | 1 | 1/0 | $2,500 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
474 Matadero Ave is a Residential Income in Palo Alto, CA 94306. This 3,186 square foot property sits on a 5,227 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,998,000 and was built in 1950. This address can also be written as 474 Matadero Ave, Palo Alto, CA 94306.
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This listing information is up-to-date as of November 19, 2024. For the most current information, please contact Philip Batlin, (415) 625-2189
