500 Palo Alto Ave - Apartments FOR SALE
Palo Alto, CA 94301 |
500 Palo Alto Ave
Palo Alto, CA 94301
HIGHLIGHTS
- Recent replacement of water heaters (2023+2025)
- All Copper piping
- Numerous recent upgrades including interior updates to at least half of the units with updated kitchen countertops and bathrooms
- Forced Air Heating in every unit, many furnaces replaced in the past few years
- Beautiful pool and courtyard area, a great draw for tenants
- Convert the tuck-under parking into 2 new ADU units for added cash flow + value
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Apartments
TOTAL BUILDING SIZE
6442
STORIES
2
YEAR BUILT
1958
PARKING SPACES
16
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
120-09-021
