$2,398,800

Estimated payment $15,067/month

Total Views 3,882
4 Beds
2 Baths
1,400 Sq Ft
$1,713 Price per Sq Ft

Highlights

  • 3 Car Garage
  • Tandem Parking
  • 3-minute walk to Hoover Park
  • El Carmelo Elementary School Rated A+
  • 1-Story Property

About This Home

Lowest-priced opportunity in Midtown Palo Alto! Discover the ultimate in location and lifestyle on one of Midtowns most walkable, tree-lined streets. Steps from shops, dining, and daily conveniencesgrab coffee or pizza, walk to CVS, or meet friends for boba. Biking to Paly, JLS, or Stanford and the hospital, or for commuting via nearby Middlefield or Hwy 101. This rare duplex offers flexibility for live-in owners and investors alikelive in one unit and let the other offset your mortgage, or rent both for strong short- or long-term income potential. You may also consider a new built similar to what the neighbor has done. A golden opportunity to grow equity in Palo Altos most desirable lifestyle corridor. Property includes two 2-bed & 1-bath units and three single car garage on a spacious lot!

Listing Agent

Maggie Ma

Keller Williams Palo Alto License #02117367 Listed on: 10/16/2025

Keller Williams Palo Alto

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Parking

  • 3 Car Garage
  • Tandem Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Additional Features

  • 5,994 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

Community Details

Overview

  • 1,400 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,005
  • Operating Expense $7,683
  • Gross Income $78,240

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1400
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Flat / Low Pitch

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Detached Garage, Tandem Parking

Utilities

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

Schools

  • High School: 327

Lot Info

  • Lot Acres: 0.1376
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5992.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5992.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 30.66
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1005
  • Expenses Total: 7683
  • Income Annual Gross: 78240.00
  • Income Annual Rental: 78240
  • Income Gross Scheduled: 78240
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Map

Range of Values:

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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 List to Sale Price per Sq Ft
10/16/2025 10/16/25 For Sale $2,398,800 -- $1,713 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82025020

MLSListings

APN: 132-55-022