NOT LISTED FOR SALE

738 Cowper St Palo Alto, CA 94301

University South Neighborhood
-- Bed
-- Bath
4,320 Sq Ft
6,708 Sq Ft Lot

Last Sold July 05, 2016

Last sale price $3,850,000 $891 Per Sq Ft

2 Days on Market

Highlights

  • 2 Car Detached Garage
  • Level Lot
  • 4-minute walk to Heritage Park
  • Addison Elementary School Rated A+

About This Home

As of July 2016

Sold Off-Market. Listing for comp purposes only.

Last Agent to Sell the Property

Connie Miller

Compass License #01275848 Listed on: 07/03/2016

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 6,708 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Car Detached Garage
  • 6 Carport Spaces

Listing and Financial Details

  • Total Actual Rent $162,000
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,575
  • Insurance Expense $2,861
  • Maintenance Expense $1,349
  • Utility Expense $8,525
  • Operating Expense $31,172
  • Gross Income $161,701

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: RM3
  • Subclass: Fourplex
  • Age: 46
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4320
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 4320
  • Stories: 2

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage
  • Carport Min: 6

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6699.53
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6699.53

Rental Info

  • Existing Lease Term(s): 2 Years Lease, Month To Month
  • Gross Rent Multiplier: 23.57
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2861
  • Expense Landscape: 1575
  • Expense Maintenance: 1349
  • Expenses Total: 31172
  • Expenses Utility: 8525
  • Income Annual Gross: 161701.00
  • Income Annual Rental: 162000
  • Income Gross Scheduled: 163334
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 1334
  • Number Of Buildings: 1
  • Vacancy Factor: 1

Range of Values:

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Average Value
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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
07/05/2016 07/05/16 Sold $3,850,000 0.0% $891 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
07/03/2016 07/03/16 For Sale $3,850,000 -- $891 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Connie Miller

    Compass

    Section Image

  • R

    Buyer's Agent in 2016

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81593454

MLSListings

APN: 120-16-048

California Santa Clara County Palo Alto 94301 University South

738 Cowper St, Palo Alto, CA

This home is located at 738 Cowper St, Palo Alto, CA 94301 since 03 July 2016. This property was built in 1970. 738 Cowper St is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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