NOT LISTED FOR SALE

2740 Byron St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood
4 Beds
2 Baths
1,391 Sq Ft
5,441 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $2,305,000 $1,657 Per Sq Ft

22 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Double Pane Windows
  • El Carmelo Elementary School Rated A+
  • Fireplace
  • 4-minute walk to Hoover Park

About This Home

As of August 2021

OFFERS DUE THIS THURSDAY 7/22/2021 by 4PM. Palo Alto duplex with Top Rated schools! Great investment opportunity with two units for income. Or Live in one unit and Rent the other! Each unit has 2BR/1BA and living area has backyard access. Great layout, double paned windows, fresh coat of exterior paint and new asphalt driveway. Carport in the back for 3 cars (2 covered and one open). Just 3 blocks to Midtown Shopping Center with grocery, pharmacy, restaurants, etc. 7 minutes to vibrant Downtown Palo Alto & convenient access to major tech campuses.

Last Agent to Sell the Property

Brett Jennings

Real Estate Experts ERA Powered License #70010020 Listed on: 07/02/2021

Real Estate Experts ERA Powered

Last Buyer's Agent

Desiree Garrido

Compass License #01463916

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Lot Details

  • 5,441 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Storage Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Range Hood
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • 1 Parking Space
  • 2 Carport Spaces
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Thermostat

Listing and Financial Details

  • Total Actual Rent $64,056

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,508
  • Maintenance Expense $4,628
  • Operating Expense $21,666
  • Gross Income $64,056

Property Details

Home Type

Multi-Family

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1391
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Countertop - Formica, Garbage Disposal, Hood Over Range, Oven Range - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1391
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, On Street, Uncovered Parking
  • Carport Min: 2

Utilities

  • Heating System: Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1249
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5439.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5439.00

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Rental Info

  • Gross Rent Multiplier: 35.91
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1508
  • Expense Landscape: 1200
  • Expense Maintenance: 4628
  • Expenses Total: 21666
  • Income Annual Gross: 64056.00
  • Income Annual Rental: 64056
  • Income Gross Scheduled: 64056
  • Income Includes: Lease, Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Loan - Mortgage, Loan - Principle & Interest, Maintenance, Maintenance - Repair, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $2,305,000 +0.2% $1,657 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $2,300,000 -- $1,653 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brett Jennings

    Seller's Agent in 2021

    Brett Jennings

    Real Estate Experts ERA Powered

    (408) 427-9220

    1 in this area

    172 Total Sales

    Brett Jennings
    Section Image

  • D

    Buyer's Agent in 2021

    Desiree Garrido

    Compass

    Section Image

  • N

    Buyer Co-Listing Agent in 2021

    Nicole Wilhelm

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81851749

MLSListings

APN: 132-55-020

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2740 Byron St, Palo Alto, CA

This home is located at 2740 Byron St, Palo Alto, CA 94306 since 02 July 2021. This property was built in 1949. 2740 Byron St is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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