Palo Alto CA Multi-Family Real Estate, Homes for Sale

4 Beds ⋅ ML82054127 MLS

2725-2729 Byron is a charming single-story duplex located in the desirable Midtown Palo Alto. The well-maintained and oversized units cater to owner occupiers, generational living, or investors alike. The property consists of (1) 3+1 and (1) 1+1 unit mix. The units feature laundry, individual water heaters, and attractively landscaped, large yards. The property benefits from close proximity to retail and restaurant amenities of California Avenue, Middlefield Road, and Stanford Shopping Center and recreation such as Mitchell Park & Field and Winter Lodge. The property feeds to world-class public schools and is nearby major transportation arteries and major Silicon Valley employers.

2725 Byron ST, Palo Alto

Listed by Bryan Danforth, 650-274-5227 from Compass
(If provided) CoList: Joel Hopman from Newmark Cornish & Carey

$2,300,000

ML82053765 MLS

1751 Alma St is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 6,988-square-foot parcel of land, the subject property was originally constructed in 1951 and features a gross building area of approximately 1,716 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. Tenants at 1751 enjoy convenient amenities, including air conditioning, in-unit W/D, and private patios. Additionally, 1751 Alma St offers tenants convenient property amenities, including gated access and private garage parking with attic space. The investment appeal of this property is driven by Palo Alto's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1751 Alma St presents an attractive choice for renters due to its close proximity to prestigious schools, major employers, shopping, dining, and entertainment options.

1751 Alma ST, Palo Alto

Listed by Adam S. Levin, 650-492-0934 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

$3,500,000

4 Beds ⋅ ML82053370 MLS

Located 5 minutes from downtown Palo Alto, 1061 Alma Street presents a rare and exceptionally well-situated investment opportunity. This prime fourplex offers stable cash flow with significant long-term appreciation potential in one of the world's most desirable real estate markets. The property features a highly functional layout with strong tenant appeal, making it an ideal addition to any investment portfolio or a perfect candidate for a 1031 exchange. Its distinct curb appeal, complete with a classic white picket fence and low-maintenance landscaping, stands out in a high-demand rental corridor Positioned just blocks from University Avenue, residents enjoy immediate access to world class dining, premier retail, and public transit. Proximity to Stanford University, major Silicon Valley tech campuses, and top-tier local schools ensures a consistent, high-quality tenant pool for years to come

1061 Alma ST, Palo Alto

Listed by Ephan Liu, 650-741-1466 from Wilbur Properties
(If provided) CoList: from

$2,988,000

ML82052706 MLS

103 Tennyson Ave is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 7,500 square foot parcel, the subject property was originally constructed in 1970 and features approximately 3,371 square feet of gross building area, offering beautifully designed two-bedroom floor plans. The property consists of one flat and two townhome-style units, each with private detached garage parking and its own private patio or deck. Ideally positioned within walking distance of Stanford University, 103 Tennyson Ave benefits from Palo Alto's exceptionally strong rental market, high demand, and premium rental rates. Known for its historic neighborhoods, vibrant shopping, dining, entertainment, and cultural attractions, Palo Alto was recently ranked #6 on Livability's "Top 100 Best Places to Live" in America. The investment appeal is further strengthened by the city's strong employment base, low vacancy rates, and prime Silicon Valley location, providing residents with convenient access to prestigious schools, major employers, and an abundance of lifestyle amenities.

103 Tennyson AVE, Palo Alto

Listed by Adam S. Levin, 650-492-0934 from Marcus & Millichap
(If provided) CoList: from

$3,350,000

5 Beds ⋅ ML82052578 MLS

A+++ Location half block to Stanford in the College Terrace Neighborhood, backing up to a 1+ acre park with direct access. Convert the carport into up to 4 new ADU units to make this an 8 Unit property for HUGE income and property value increases! This property is offered individually, or conjunction with our listing of the neighboring property at 2120 - 2122 Williams St (duplex). Strong in-place income, attractive floor plans, private outdoor spaces, covered parking, and direct gated access to Cameron Park. Located just steps from Stanford University, Stanford Research Park, California Avenue, Caltrain, shopping, dining, and major employment centers, the property benefits from exceptional tenant demand.

2110 Williams ST, Palo Alto

Listed by Bryan Danforth, 650-274-5227 from Compass
(If provided) CoList: Matthew Thomson from Compass

$1,900,000

ML82052577 MLS

A+++ Location half block to Stanford in the College Terrace Neighborhood, backing up to a 1+ acre park with direct access. Convert the carport into 2 new ADU units to make this a 4-plex property for HUGE income and property value increases! This property is offered individually, or also find our listing of the neighboring property at 2106 - 2112 Williams St. Strong in-place income, attractive floor plans, private outdoor spaces, covered parking, and direct gated access to Cameron Park. Located just steps from Stanford University, Stanford Research Park, California Avenue, Caltrain, shopping, dining, and major employment centers, the property benefits from exceptional tenant demand.

2120 Williams ST, Palo Alto

Listed by Bryan Danforth, 650-274-5227 from Compass
(If provided) CoList: Matthew Thomson from Compass

$3,375,000

8 Beds ⋅ ML82050193 MLS

True pride of ownership 3-unit opportunity in core downtown Palo Alto. This immaculately maintained property contains two large 3+2 Townhome-Style units and (1) 2+2 Flat. Each unit has access to a 1-car garage and 1-tandem parking spot. 831-835 Kipling features many amenities such as updated kitchens and baths including modern appliances and finishes, wood or LVP flooring, forced air heat (all units), AC (one unit); Trex decking, is SB721 compliant, and electric vehicle charging (1 unit). The property is located moments to Stanford University, Shopping Center, and Health Care system, is transit-oriented being a short walk to the Palo Alto Caltrain station, and benefits from quaint retail and restaurants of University Avenue. Additionally, the property feeds to highly rated schools. This opportunity is a great fit for owner-occupiers, generational co-living, or investors alike.

831 Kipling ST, Palo Alto

Listed by Joel Hopman, 415-722-2200 from Newmark Cornish & Carey
(If provided) CoList: Steve Zirelli from Cornish & Carey Commercial

Sold listing courtesy of Joel Hopman from NEWCC

$2,500,000

8 Beds ⋅ ML82049055 MLS

Incredible opportunity for an apartment investor to renovate all units day one. 2609 - 2617 Alma Street presents a rare chance to acquire a 4-unit multifamily property in one of Silicon Valleys most sought-after residential neighborhoods. Located steps from the California Avenue Caltrain Station, the property offers an investor a clear path to renovation and full market-rate stabilization with meaningful upside in a fundamentally supply-constrained market. Redevelopment path also available - Approved development entitlement for 4 detached 3-story townhomes (For Rent homes only - not For Sale project). California Ave, just a couple blocks away (10 min walk or 3 min bike using the pedestrian underpass), is Palo Alto's most historic shopping district, featuring numerous shopping, dining, and professional services. With the heart of Stanford University being just 3-miles away, it offers a wide variety of attractions and experiences, including the Stanford Oval, hiking at the Stanford dish trailhead, and Stanford sports facilities and arenas. The property is strategically surrounded by one of the strongest employment centers in the world, driven by technology, venture capital, healthcare, and higher education.

2609-2617 Alma ST, Palo Alto

Listed by Matthew Thomson, 650-515-6555 from Compass
(If provided) CoList: Bryan Danforth from Compass

$3,100,000

3 Beds ⋅ ML82044036 MLS

Don't miss this exceptional investment opportunity at 183 Everett Ave, ideally located in the vibrant heart of Downtown Palo Alto. This well-maintained triplex, offers a rare chance to own prime Silicon Valley real estate in one of the regions most sought-after locations. The property features a versatile unit mix, including one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio. All existing units have been thoughtfully updated with modern kitchens, bathrooms, and flooring, and include the convenience of in-unit washers and dryers. Situated on an approximately 0.07-acre lot with 1,335 sq ft of living space, this property presents strong income potential with room for future growth and value appreciation. Unbeatable location just steps from Downtown Palo Altos renowned dining, shopping, and entertainment, including the historic Stanford Theatre. Less than a mile to Stanford University and close to the Stanford Shopping Center, this property offers exceptional convenience and long-term investment appeal. A rare opportunity in a premier locationdont miss it!

183 Everett AVE, Palo Alto

Listed by Cathy Liu, 408-826-2548 from Realty Innova
(If provided) CoList: from

$2,808,088

4 Beds ⋅ BE41129703 MLS

A well maintained investment property owned for decades. Located in centralized area in Palo Alto and ready for new ownership! Property has separate entry, individual garage and driveway parking. Two spacious units each with two bedrooms and two baths. Ample storage and private backyards big enough for additions and an outdoor oasis!

637 & 639 Keats, Palo Alto

Listed by Rochelle Ramos-Carloss, (510) 938-7738 from Coldwell Banker Realty
(If provided) CoList: from

$2,250,000

ML82039684 MLS

2760-2762 Byron ST, Palo Alto

Listed by Maggie Ma, 650-709-5588 from Keller Williams Palo Alto
(If provided) CoList: from

Sold listing courtesy of Miri Bialik from NTERO

$1,975,000

3 Beds ⋅ ML82039336 MLS

Exceptional investment opportunity in the heart of Downtown Palo Alto. Updated three unit building featuring three 1 bedroom, 1 bath units, each with refreshed kitchens and baths plus in-unit laundry for each. Two units enjoy private outdoor patios. One unit includes an attached garage for storage. Fully leased building with consistent, strong tenant demand. Ideally located just steps from downtown dining and shops, and less than a mile from Stanford University, Stanford Hospital and Stanford Shopping Center, plus easy commute to Silicon Valley tech companies. Its unmatched location and consistent tenant appeal make it a compelling choice for investors seeking reliable income and longterm upside in a great downtown Palo Alto location.

270 Everett AVE, Palo Alto

Listed by Kelly Griggs, 650-464-1965 from Coldwell Banker Realty
(If provided) CoList: Billy McNair from Coldwell Banker Realty

$2,578,000

4 Beds ⋅ ML82038203 MLS

Welcome to this charming duplex located in the desirable Midtown neighborhood of Palo Alto, known for its convenient location, family-friendly atmosphere and Midtown Shopping Center. Situated on a quiet side-street, the property is walkable to grocery, pharmacy, cafes and restaurants, while also offering convenient access to major commuting routes and Caltrain. Youll find several parks and top-rated schools nearby. Each of the two spacious 2 bedroom / 1 bath units features hardwood floors, a fireplace and inside washer/dryer, while in the kitchens youll find stone countertops, a built-in gas range/oven and dishwasher. The back unit opens to large, private garden and the front unit opens to a smaller but quaint enclosed yard with a patio for private dining. Both units enjoy access to one enclosed parking spot and storage in the detached garage. SHOWING - Tuesday, March 24th, between 11:00am and 1:00pm. Please text or email for appointment. OFFERS - Friday, March 27th at 10:00am in person or by e-mail.

674 Bryson AVE, Palo Alto

Listed by Teresa Budzich, 650-704-8775 from Compass
(If provided) CoList: from

Sold listing courtesy of Peter Tao from CBR

$4,360,000

6 Beds ⋅ ML82035163 MLS

Recent approx. $1M renovations! This gorgeous & unique property consists of two separate buildings on a single lot connected by a carport structure located in the desirable College Terrace across from Stanford campus. This residence offers ample space and modern convenience.The charming detached single story 2BR/1BA bungalow offers a covered porch, vaulted ceilings & a private patio. It features contemporary upgrades like recess lights, vaulted ceiling, new insulating walls, quartz countertop. large windows & wood-style flooring. A two-story duplex containing 2 additional units each with 2BR/1BA at the back building. Recent renovations including A/C/heating, paved driveway, 2 private yards, large rooftop terrace, 3 designated storage rooms, iron railings & sewer line. Laundry in the units. 3 carports with 2 covered, EV charging. Property is located right next to a large beautiful park, library, Stanford Research Park, California Ave shops, farmer's market, CalTrain & transportation routes - one of Palo Alto's strongest rental locations on the Peninsula! Escondido school, Greene Middle and Palo Alto High. Buyer has the option to live in the bungalow as a primary residence & rent out the duplex as an income property.

2050 Williams ST, Palo Alto

Listed by Carol Li, 650-281-8368 from Compass
(If provided) CoList: from

Sold listing courtesy of Ying Zhang from KWCU

$3,235,000

6 Beds ⋅ ML82029778 MLS

Fully renovated upscale three-unit apartment building in a prime downtown Palo Alto! Situated on a private, low-traffic street, this turnkey asset offers strong rental appeal just blocks from University Avenue and Stanford University. The property benefits from exceptional walkability, consistent tenant demand, and proximity to major employment and academic hubs, making it an ideal opportunity for stable cash flow and long-term appreciation in one of Silicon Valleys most supply-constrained markets.

543 Everett CT, Palo Alto

Listed by Kathleen Wilson, 650-207-2017 from Compass
(If provided) CoList: from

Sold listing courtesy of Jinsong Guo from B1REI

$3,802,888

2 Beds ⋅ ML82032754 MLS

Just south of downtown University Avenue in Palo Alto, this duplex presents a terrific opportunity. Its proximity to the heart of Palo Alto, Stanford University, and world-renowned Lucile Packard Children's Hospital Stanford make it highly desirable. Sand Hill Road, home to preeminent venture capital firms, is nearby, too! The deferred maintenance makes this situation ideal for someone who prioritizes location and wants a blank canvas to start with.

653 Melville AVE, Palo Alto

Listed by Andy Wong, 650-388-0029 from Christie's International Real Estate Sereno
(If provided) CoList: from

Sold listing courtesy of Jiaming Luo from ASPR

$3,050,000

8 Beds ⋅ ML82031861 MLS

This fourplex is a True Gem in the MidTown Palo Alto, Offering a unique chance for savvy investors to dive into a prime piece of real estate. The property boasts an impressive configuration of (4) 2 bedroom, 1 bath units. Additional features include Four Car Garages, and 2 extra parking spaces. Remodeled kitchens and bathrooms, hardwood floors and inside laundry utility room in each unit, with excellent layout setting. There's plenty of room to appreciate and grow. Fully rented out with high rental demand. Close to key amenities and landmarks, Stanford University, Stanford shopping Center, Midtown Shopping Center, University Downtown Palo Alto and Pearson-Aratradero Preserve-Hiker's Paradise. This Is a best gateway to the best of Palo Alto living! GREAT OPPORTUNITY!

628 Colorado AVE, Palo Alto

Listed by Priscilla Wang, 408-807-6128 from Christie's International Real Estate Sereno
(If provided) CoList: from

Sold listing courtesy of Carol Li from APR

$2,625,000

5 Beds ⋅ ML82030788 MLS

Positioned on a desirable cul-de-sac in Palo Alto's Midtown neighborhood, this well-located multifamily asset offers a rare opportunity to own in one of Silicon Valley's most sought-after rental markets. The property consists of 4 residential units with a marketable mix of (1) 3BD/2BA owner's unit, (2) 1BD/1BA units, and (1) studio, along with a coin-operated laundry facility providing additional income. Tenants enjoy convenient access to Downtown Palo Alto's dining, retail, nightlife, and cultural amenities, while remaining less than two miles from Stanford University and the city's core. The building encompasses approximately 3,263 SF on a 6,899 SF lot. Parking is above average for the submarket, featuring four tuck-under parking spaces, all assigned to tenants. Recent improvements include dual-pane windows, a newer roof installed in 2011, and a repaved driveway completed in 2021. The property is in the process of upgrading mail and electrical sub-panels. Units retain original hardwood floors, kitchen cabinetry, and countertops, offering value-add potential. Unit 2735 is a 3BD/2BA owners unit featuring a private patio, spacious living area, and forced-air heating. Current ownership pays water, trash, and sewer; new ownership may explore implementing RUBS to enhance income.

2735 Byron ST, Palo Alto

Listed by Tony Zizzo, 650-770-8356 from Compass
(If provided) CoList: Ray Rodriguez from Compass

Sold listing courtesy of Tony Zizzo from PACU

$2,860,000

6 Beds ⋅ ML82026291 MLS

Rarely available spacious duplex in Palo Alto! Desirably located on a large lot at the end of a tree lined cul-de-sac. Unit mix includes a three bedroom, two bath unit with a private backyard and a three bedroom, one and a half bath unit also with a private backyard. In addition, both units have a large eat-in kitchen, spacious living room with a wood-burning fireplace, easy access to the backyard and dual pane windows. NOTE: pictures only for 4150 Byron, one of the two units in this duplex.

4148-4150 Byron ST, Palo Alto

Listed by Timothy Foy, 650-387-5078 from Midtown Realty
(If provided) CoList: from

Sold listing courtesy of Shawn Luo from XLB

$3,125,000

5 Beds ⋅ ML82026224 MLS

INCREDIBLE DOWNTOWN PALO ALTO FULLY VACANT TRIPLEX! Extremely rare opportunity to acquire a fully vacant triplex in the heart of downtown Palo Alto. Ideal for investors that can immediately renovate and rent units at top market levels, or for owner-occupiers that can make one of the units their dream home while enjoying significant supplemental income from the other tenants. Excellent Unit Mix: (1) Two-Bedroom / One & 1/2 Bath, (1) Two-Bedroom / One Bath and (1) One-Bedroom / One-Bath. Two buildings strategically positioned on oversized 9,500 SF lot (large downtown parcel with favorable R4 zoning - redevelopment potential). Perfect ADU opportunity - garage has laundry room & bathroom ideal for easy ADU conversion. Two large storage sheds are wired with power to use as offices. Second floor 2x1 unit has attractive wrap-around balcony with beautiful views. Garage, driveway & rear alley parking. Irreplaceable location 2 blocks from University Avenue and all the high-end shopping, dining and entertainment amenities of downtown Palo Alto and 1/2 mile from Caltrain (90 "Walker's Paradise and 97 "Biker's Paradise"). Gorgeous mature landscaping throughout the entire property.

560 Everett AVE, Palo Alto

Listed by Matthew Thomson, 650-515-6555 from Compass
(If provided) CoList: Bryan Danforth from Compass

Sold listing courtesy of Bryan Danforth from APR

$2,700,000

3 Beds ⋅ ML82008662 MLS

Just blocks from the heart of downtown Palo Alto, this well-maintained triplex offers a rare chance to build long-term wealth in one of the country's most desirable cities. The property includes three distinct units: a 1-bedroom/1-bath, a 2-bedroom/1.5-bath two-story, and a studio with a full bath, each offering its own appeal. The two larger units feature updated kitchens, while the studio provides an updated kitchenette and an efficient layout ideal for additional income. Whether you're an investor looking for strong cash flow, a savvy buyer planning to live in one unit while renting the others, or a first-time investor ready to get into the market, this property delivers outstanding flexibility and value. With University Avenue, Stanford, top-ranked schools, world-class dining and shopping, and major employers all nearby, this location checks all the boxes: immediate income, long-term upside, and endless potential.

756 Waverley ST, Palo Alto

Listed by DeLeon Team, 650-900-7000 from Deleon Realty
(If provided) CoList: from

Sold listing courtesy of Nan Zhou from WUFUZ

$2,677,000

3 Beds ⋅ ML82008201 MLS

Welcome to 240-260 Fernando Ave, a rare and versatile three-unit property ideally situated in one of Palo Alto's most desirable neighborhoods. Nestled on a tree-lined street, this triplex offers a unique opportunity for investors, extended families or those seeking rental income while living in one of the units. All 3 individual buildings consist of 1 bedrooms, 1 bathroom, 933 SqFt, their own private entrances, comfortable living spaces, and abundant natural light. Updated kitchens, hardwood floors, and charming mid-century details create a warm and inviting atmosphere throughout. Gather around the cozy fireplace, perfect for relaxing evenings and chilly days. These units include a practical laundry area, offering convenience for day-to-day chores. Additionally, the ceiling fan ensures effective cooling, while the wall furnace provides efficient heating during colder months. The property sits on a generous minimum lot size of 7,875 sq ft, providing ample space for outdoor activities and potential landscaping projects. Don't miss the opportunity to own this lovely residence in Palo Alto!

250 Fernando AVE, Palo Alto

Listed by Michael Camarena, 408-710-0381 from Intempus Realty
(If provided) CoList: Eugene Korsunsky from Intempus Realty

Sold listing courtesy of Beverly Robinson from DFLY

$2,550,000

4 Beds ⋅ ML81994357 MLS

26 Churchill AVE, Palo Alto

Listed by Gabriel Manzanares, (415) 634-9634 from Compass
(If provided) CoList: from

Sold listing courtesy of Gabriel Manzanares from PACU

$2,700,000

4 Beds ⋅ ML81994098 MLS

474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,397 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood.

474 Matadero AVE, Palo Alto

Listed by Philip Batlin, 415-625-2189 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Karen Zeng from COMPS

$2,400,000

4 Beds ⋅ BE41078951 MLS

Great Opportunity for this lovely duplex in sought-after Midtown, Palo Alto. Spacious floor plan featuring 2/2 and 2/1.5 units. Unit 676 kitchen and bath have been updated, new flooring and new interior paint throughout both units, New deck for your outdoor activities. Great location too, walking distance to shopping, close to Hoover Park and Bank, and more. Bring your imagination, live in one and rent the other, or have extended family or friends live near, many possibilities. Come view soon!

676-680 Colorado Ave, Palo Alto

Listed by David Azimi, (510) 386-4844 from Intero Real Estate Services
(If provided) CoList: from

Sold listing courtesy of Maggie Ma from KWPA

$3,200,000

3 Beds ⋅ ML81984509 MLS

** LOCATION LOCATION LOCATION** ONE-OF-A-KIND Property in the desirable College Terrace Community. This 3 cottage/ 4 unit property sits on a 3 parcel lot. Tree lined neighborhood on College Avenue in the beautiful city of Palo Alto. Conveniently and centrally located between the 101 and 280, less than a mile distance to Stanford University, close to El Camino Real, and shopping centers. Each unit boasts tasteful modern updates sprinkled in classic charm. Three units have private laundry for convenience. All units feature tile, LVP, wood flooring and modern appliances. Each unit with refreshed bathrooms, new fixtures, and large windows for tranquilizing natural sunlight. Outdoor space contains a mixture of low maintenance features, greenery, and private wood backyard fencing for nourishing intimate feel. The front yard is shaded by the street lined trees providing additional privacy. Note property parcel numbers are: 137-03-032,137-03-033,137-03-034

1052-1072 College AVE, Palo Alto

Listed by Rosemary Gibson, 650-518-2382 from Berkshire Hathaway HomeServices DrysdaleProperties
(If provided) CoList: from

Sold listing courtesy of RECIP from RCIP

$2,050,000

3 Beds ⋅ ML81980477 MLS

We are proud to present a remarkable investment opportunity at 183 Everett Ave, located in the dynamic and highly sought-after heart of Downtown Palo Alto. This exceptional triplex, with the potential for an ADU, is a true standoutoffering investors the rare chance to acquire a prime piece of real estate in one of the most vibrant cities in Silicon Valley. The property features a diverse and appealing unit mix, including one 2-bed, 1-bath unit, one 1-bed, 1-bath unit, one studio, and a potential 1-bed, 1-bath ADU. All units have been thoughtfully upgraded with modern kitchens, baths, and flooring, along with in-unit washers and dryers. With 1,335 square feet of living space on a 0.07-acre lot in Downtown Palo Alto, the opportunities for growth and value appreciation are significant. What sets 183 Everett Ave apart is its unbeatable location. Situated just steps from the bustling core of Downtown Palo Alto, residents will enjoy easy access to renowned restaurants trendy boutiques, and the historic Stanford Theater. Additionally, the property is less than a mile from the prestigious Stanford University and the premier Stanford Shopping Center. **Income includes estimated income for ADU**

183 Everett AVE, Palo Alto

Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass

Sold listing courtesy of Cathy Liu from GH22P

$3,500,000

6 Beds ⋅ ML81971494 MLS

The R&Z Group of Compass Commercial is excited to bring to market this incredible opportunity at 318 Emerson St, right in the heart of Downtown Palo Alto. This fourplex is a true gem, offering a unique chance for savvy investors to dive into a prime piece of real estate. The property boasts an impressive configuration of (2) 2 bed 2 bath and (2) 1 bed 1 bath units. Additional features include three garage spaces that are currently being leased as storage with the potential to be converted into ADU, a back courtyard, a long driveway, and an on-site washer/dryer. With a spacious 3,160 square feet of living space on a 0.13-acre lot. What makes 318 Emerson St truly stand out is its unbeatable location! Just a stone's throw from Downtown Palo Alto, you'll be within walking distance of top-rated restaurants, trendy shops, and the iconic Stanford Theater. Plus, it's less than a mile from the world-renowned Stanford University and the Stanford Shopping Center. This isn't just a property; it's a gateway to the best of Palo Alto living! Investors will love the consistent and high rental demand, the modern touches in a historical setting, and the proximity to key amenities and landmarks. One unit is currently vacant. Potential seller financing is available.

318 Emerson ST, Palo Alto

Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass

Sold listing courtesy of Jenny Teng from APR

$1,900,000

6 Beds ⋅ ML81969277 MLS

1/8 mile south of Page Mill Road just off the El Camino Real. Located in the Ventura area close to Stanford University and Palo Alto High School. Good location. The complex consists of two-2 bedroom units and two-1 bedroom units and is priced to sell. Own in one of the very best cities in Silicon Valley. Make this complex your next investment.

474 Margarita AVE, Palo Alto

Listed by Ted La Scola, 408-832-3355 from Coldwell Banker Realty
(If provided) CoList: Pam Killion from Coldwell Banker Realty

Sold listing courtesy of Pam Killion from CBR

$3,425,000

7 Beds ⋅ ML81968418 MLS

Discover boundless potential in this stylish duplex, perfectly situated at the end of a cul-de-sac in Palo Alto's Greenmeadow neighborhood. The two units offer a total of 7 bedrooms and 4 bathrooms, catering to both family living and investment potential. Both homes offer a centerpiece fireplace in the living room and peaceful backyard space to entertain and unwind. While 4147 boasts an updated kitchen with new appliances and an attached garage, 4145 offers additional amenities like a jetted tub, bonus space, balcony, and a built-in backyard grill. Situated within walking distance of Mitchell Park and the Cubberley Community Center, and a short drive from the shops, restaurants, and world-class movie theater in The Village at San Antonio Center, this home also grants easy access to US-101 and is served by sought-after schools Fairmeadow Elementary, JLS Middle, and Gunn High (buyer to verify eligibility).

4145-4147 Byron ST, Palo Alto

Listed by DeLeon Team, 650-900-7000 from Deleon Realty
(If provided) CoList: from

Sold listing courtesy of Jessie Zhong from EXPCA

$3,300,000

5 Beds ⋅ ML81967517 MLS

Rare opportunity to own two beautiful side-by-side, townhouse-style units for the price of a single family home in sought-after Palo Alto. This vacant, turn-key and spacious duplex is a great option for buyers seeking a home with an ADU - live in one and use the other for extended family and guests or rental income. Situated on a large 9148 sq ft lot (per tax records) and tucked away on a cul-de-sac, the pride of ownership property features a 3BD/2BA, approx. 1705 sq ft home with 2-car garage and a 2BD/2BA, approx. 1420 sq ft home with 1-car garage (sq ft per graphic artist). Each home offers professionally landscaped park-like yards, stylishly remodeled kitchens, updated baths, separate laundry rooms, fireplaces, and air conditioning. Convenient location in a city known as the "Birthplace of Silicon Valley" and for its Mediterranean climate, ties to Stanford University, and wide array of community amenities. Within strolling distance to Piazzas grocery store, Peets Coffee and other delights at Charleston Shopping Center and to the city's largest library, Magical Bridge playground and pickleball courts at Mitchell Park. Easy commute access to Highway 101 and Caltrain. Highly acclaimed schools: Fairmeadow Elem, JLS Middle and Gunn High (buyer to verify eligibility).

620-622 Keats CT, Palo Alto

Listed by Tara Burke, 415-571-5654 from Compass
(If provided) CoList: Sara Khan from Compass

Sold listing courtesy of Isabella Sun from APR

$3,631,750

9 Beds ⋅ ML81952083 MLS

408-412 Leland Ave is a stunning 5*-unit investment opportunity located across the street from the globally recognized Stanford University Campus in the thriving city of Palo Alto, California. Situated on a 5,000-square-foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 3,293 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. Additionally, investors have the opportunity to further increase cash flow through developing a two-bedroom two-bathroom ADU. 408-412 Leland Ave is well-positioned in one of the Bay Area's most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of "Top 100 Best Places to Live in America". The subject property offers renters closer proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Cloudera, Visa, Sony as well as many others.

412 Leland AVE, Palo Alto

Listed by Cole Simpson, 650-888-7696 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

Sold listing courtesy of Susan Sims from AGNC

$2,200,000

4 Beds ⋅ ML81945732 MLS

Opportunity awaits! Duplex near Palo Alto's quiet & tree lined Midtown and Barron Park neighborhoods! With a total living space of 1,400 Sq. Ft. and a generous lot size of 7,200 Sq. Ft., this duplex provides ample room for expansion or development. Take a turn off El Camino Real and you'll find this Ranch style property that features 2 bedrooms, 1 bath, a detached one car garage, and separate meters for each unit, making them suitable for potential renters or buyers. One unit has a recently remodeled kitchen, the other unit has newer flooring. This fully occupied duplex is minutes away from several award-winning Palo Alto schools, shopping plazas, Stanford University, and Stanford Hospital. Enjoy close proximity to employers Google, Apple, Facebook, and Amazon. The condition and location of this duplex makes it a desirable investment for those looking to capitalize on the area's strong rental market and future growth potential.

458-460 Margarita AVE, Palo Alto

Listed by Ivony Gomez-gonzalez, 626-756-1510 from Elite Realty Services
(If provided) CoList: from

Sold listing courtesy of Calvin Zheng from GVFR

$1,925,000

4 Beds ⋅ ML81946018 MLS

Incredible add-value opportunity! Fourplex in Midtown Palo Alto strategically positioned on 7,607 SF corner lot. THREE UNITS CURRENTLY VACANT! New owner can implement upgrades and achieve immediate upside. Only Â¼ mile walk to Cal Train and California Ave with numerous shopping and dining amenities, public events and regular Sunday farmers market. RM-30 Zoning allows for higher density in this district, giving a buyer options to continue to operate this as a 4-plex with good rental income, or redevelop into other housing, such as brand new condos. All 4 units are 1-bedroom / 1-bath apartments. Originally Studios, the bedrooms were converted from garage space. Tenants enjoy 4 driveway and 2 open parking spaces. 102 Colorado Avenue is an excellent investment opportunity for investors, owner-occupiers & developers.

102 Colorado AVE, Palo Alto

Listed by Matthew Thomson, 650-515-6555 from Newmark Cornish & Carey
(If provided) CoList: Bryan Danforth from Newmark Cornish & Carey

Sold listing courtesy of Richard Hernandez from COMPS

$2,948,000

4 Beds ⋅ ML81934840 MLS

Unique property on a 7,500 +/- sq ft lot ideal for owner/occupant or investor. Great Community Center location, practically Downtown Palo Alto.. Close to Stanford University, Stanford Hospital, Stanford Shopping Center, Caltrain and commuter routes. Enjoy the privacy and the feel of single family home living. Front unit is one-story 2bd,1ba with approx.1,153 sq ft, and the back unit is a two-story 2bd,1.5ba with approx.1,252 sq ft. Totally adorable with many upgrades throughout. Each unit has separate postal address.. Unique opportunity to also purchase the adjacent property at 735-737 Middlefield also listed at $3,100,000. Rare opportunity to own 2 properties side-by-side for an approximate lot of 15,000 sq ft. Options to live in, rent out for additional income, remodel or build new. Homes show beautifully - A must see!!!

727-729 Middlefield RD, Palo Alto

Listed by Nella Hattori, 650-333-0592 from Keller Williams Palo Alto
(If provided) CoList: from

Sold listing courtesy of Joshua Chavez from RAIN

$2,600,000

ML81924904 MLS

**Price dropped $358,000 **Owner inherited this property. He did not live there. This is an AS IS SALE. Now you can own this beautiful super updated 4plex in Palo Alto. Located in the heart of Silicon Valley. This property has been in the same family for three generations, and first time in the market. County just confirmed this complex as 4plex. Two units are 2/1 and other two units are studios. All units have refrigerator, new stove, new garbage disposal, recessed lights with dimmers through out all four units, new washer/dryer, new A/C & new dual pane windows. Two bedrooms units also come with dishwasher and beautiful electric fireplace. Carport roof, windows, new electric box were all done with permit. The fence was newly stained and is less than five years old. Outside the property was painted recently. Very lose to downtown, retail amenities, Caltrain station, Stanford University, and top rated schools. Close to Google, Apple, Facebook, Intuit, and other tech giants.

3185 Alma ST, Palo Alto

Listed by Moe Arshad, 650-787-6558 from Real Estate Source, Inc.
(If provided) CoList: from

Sold listing courtesy of Karen Zeng from XLIU

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