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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

Listed by Kelly Griggs • Coldwell Banker Realty, DRE#01812313

$3,198,000

Est. payment - /mo

2 Beds

3 Baths

2,728 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,728 sqft

Price per Sqft $1,172

MLS Listing ID ML82045253

Bedrooms 2

Full Baths 3

Year Built 1898

Lot Size 5,775 Sqft

Property Sub-Type Five or More Units

Property Description

A rare opportunity to acquire a charming, well-maintained six-unit multifamily property in the heart of Downtown Palo Alto. Assets of this character and caliber, in this location, simply do not come to market often. Situated in prime Downtown Palo Alto, 525 Hamilton Avenue offers investors the durable income of a fully leased building and long-term appreciation that define this irreplaceable market. This incredible six-plex provides a compelling investment in a market where land scarcity and exceptional tenant demand have historically driven consistently impressive values. Strong in-place rents with meaningful upside offer relative value that is increasingly difficult to find in this zip code. Steps from University Avenue, Stanford University, and the region's premier tech employers, this property has an unbeatable location. Don't miss!

Location

State CA

County Santa Clara

Area Downtown Palo Alto

Zoning CDC

Rooms

Other Rooms Laundry Room

Kitchen Appliances - Vary by Unit, Cooktop - Gas, Countertop - Laminate, Countertop - Synthetic, Dishwasher

Interior

Heating Electric

Cooling None

Laundry Washer/Dryer - Some Units

Exterior

Parking Features Assigned Spaces, Detached Garage, On Street, Uncovered Parking

Garage Spaces 3.0

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Masonry Perimeter, Post and Pier

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 120-03-065

Miscellaneous Walk-in Closet ,Other

Security Features None

Special Listing Condition Not Applicable

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Matt Cossell

+1(408) 761-3271

Top 1% Realtor | License ID: 01382971

Top 1% Realtor License ID: 01382971

525 Hamilton AVE Palo Alto, CA 94301

Matt Cossell

Key Details

Location

Rooms

Interior

Exterior

Building

Others