271 Curtner AVE

PALO ALTO, CA, 94306

$3,150,000

$790 per ft²
$3,150,000
$790 per ft²
Active
Active
 - For Sale
carpenters-square
3,986 ft²
property_type
Commercial
calendar
Built 1958
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 five 1-bed, 1-bath units, and one large 2-bed, 1-bath owner's unit with private balcony and fireplace. 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. Half of the units are eligible for rent increases, which the seller has already served to them, and the other half have expirations within the next 6 months. 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® ID:
ML81920761
Updated:
3/31/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated, Washer / Dryer
Cooling
None
Heating
Central Forced Air, Wall Furnace

Exterior/Building Features

Lot Size
7,997 ft² lot
Roof
Composition
Sewer
Sewer - Public

Other Property Details

Area Name
235
Garage
Yes
Parking
Assigned Spaces, Covered Parking
View
Y
County
Santa Clara
Utilities
Public Utilities
Water Source
Public
Pool
Yes
Zoning
RM4

Courtesy of Newmark Cornish & Carey, Bryan Danforth,
Listing Contact: 650-274-5227 

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Data last updated 3:49 AM UTC, 3/31/23

 

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