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Jamie Larkin

jamie@theownteam.com +1(650) 556-4355

Listed by Bouja & Swenson Group • Golden Gate Sotheby's International Realty, DRE#70010295

$ 3,995,000

Est. payment | -/mo

8 Beds

6.5 Baths

4,290 SqFt

Save

$ 3,995,000

Est. payment | -/mo

Save

8 Beds

6.5 Baths

4,290 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,290 sqft

Price per Sqft $931

MLS Listing ID ML82064694

Bedrooms 8

Full Baths 6

Half Baths 1

Year Built 1968

Lot Size 6,575 Sqft

Property Sub-Type Triplex

Property Description

Rare opportunity to own an exceptionally spacious triplex in Palo Altos desirable College Terrace neighborhood, offering approximately 4,290 sf of living space across three substantial residences. The front residence is the largest, a two-story 3-bedroom, 2.5-bath home with generous living areas and laminate flooring. The middle residence offers 3 bedrooms and 2 baths on one level, while the private rear two-story 2-bedroom, 2-bath residence features its own patio and direct access to covered carport parking. Each unit offers unusually spacious rooms and a level of livability rarely found in a three-unit property. Additional amenities include six covered carport spaces, storage, and shared laundry. Ideally located near Stanford University, California Avenue shopping and dining, Caltrain, and major Silicon Valley employment centers, the property offers an exceptional combination of location, size, and long-term potential. Current rents are below market providing future income-growth potential. This is a unique opportunity for an investor or future owner-occupant seeking in-place income, long-term rental upside, and a substantial multifamily property in one of Palo Altos most desirable neighborhoods.

Location

State CA

County Santa Clara

Area College

Zoning RM3T

Rooms

Kitchen Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Double, Refrigerator

Interior

Heating Central Forced Air - Gas

Cooling Central Forced Air - Gas

Flooring Carpet, Laminate

Laundry Coin Operated

Exterior

Parking Features Carport

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 124-28-016

Security Features None

Horse Property No

Special Listing Condition Not Applicable

Nearby School & Business

+1(650) 556-4355

jamie@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, USA

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301 College AVE Palo Alto, CA 94306