NOT LISTED FOR SALE

290 Curtner Ave Palo Alto, CA 94306

Ventura Neighborhood
8 Beds
8 Baths
3,120 Sq Ft
6,747 Sq Ft Lot

Last Sold May 19, 2022

Last sale price $3,263,000 $1,046 Per Sq Ft

Highlights

  • Wood Flooring
  • Laundry Room
  • Washer and Dryer
  • Barron Park Elementary School Rated A+
  • Forced Air Heating System
  • Fenced

About This Home

As of May 2022

Four units Townhome style, each unit has 2 bedrooms, 1.5 bath with individual enclosed backyard. Newer flooring on 1st level, bathrooms, with lots of storage, upgraded kitchen with granite countertop and stainless steel appliances, all unit in very good conditions for years to come, excellent professional tenants, 1 assigned carport per unit, laundry room on site with washer/dryer. High ranking Palo Alto schools, including Gunn High School (buyer to verify) Fabulous location - close to Starbucks for coffee in the morning, California Street for dinner, and Caltrain to San Francisco, San Jose. For Stanford folks, you can bike to campus and even shorter distance to Palo Alto VA Hospital. Easy access to Highway 101, 280, 82 and Dumbarton Bridge to the Eastbay.

Last Agent to Sell the Property

David Lau

CENTURY 21 Masters License #01165972 Listed on: 03/31/2022

CENTURY 21 Masters

Last Buyer's Agent

Ana Pace

Coldwell Banker Realty License #01940309

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 6,747 Sq Ft Lot
  • Fenced
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Security Lights

Kitchen

  • Electric Oven
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 4 Carport Spaces
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $128,160

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $840
  • Insurance Expense $2,006
  • Maintenance Expense $1,200
  • Manager Expense $6,120
  • Utility Expense $4,345
  • Trash Expense $5,855
  • Operating Expense $39,316
  • Gross Income $128,820

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: RM4
  • Subclass: Fourplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3120
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: 220 Volt Outlet, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3120
  • Stories: 2
  • Security: Security Lights
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Off-Street Parking
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1549
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6749.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6749.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 24.84
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2006
  • Expense Landscape: 840
  • Expense Maintenance: 1200
  • Expense Management: 6120
  • Expenses Total: 39316
  • Expenses Utility: 4345
  • Expense Trash: 5855
  • Income Annual Gross: 128820.00
  • Income Annual Rental: 128160
  • Income Gross Scheduled: 128820
  • Income Includes: Rents
  • Income Other: 660
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance
  • Tenant Expenses: Maintenance - Exterior, Services - Gardener/Landscaping, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water

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
05/19/2022 05/19/22 Sold $3,263,000 +2.0% $1,046 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $3,200,000 -- $1,026 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Lau

    Seller's Agent in 2022

    David Lau

    CENTURY 21 Masters

    (408) 309-1590

    1 in this area

    28 Total Sales

    David Lau
    Section Image
  • Ana Pace

    Buyer's Agent in 2022

    Ana Pace

    Coldwell Banker Realty

    (408) 242-9144

    1 in this area

    29 Total Sales

    Ana Pace
    Section Image
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Map

Source: MLSListings

MLS Number: ML81883452

MLSListings

APN: 132-41-010

California Santa Clara County Palo Alto 94306 Ventura

290 Curtner Ave, Palo Alto, CA

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