412 Leland AVE, Palo Alto, CA 94306
- $3,631,750
- 9
- BD
- 3,293
- SqFt
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
- Sold Price
- $3,631,750
- List Price
- $3,750,000
- Closing Date
- Mar 14, 2024
- MLS#
- ML81952083
- Status
- SOLD
- Zoning
- RM2
- Sqft. of Residence
- 3,293
- Lot Size
- 4,792
- Listing Area
- College
Property Description
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.
/u.realgeeks.media/bcallahan/Compass_Logo.png){kind=logo}
Additional Information
- Acres
- 0.11
- Age
- 114
- Cooling System
- None
- Foundation
- Wood Frame
- Garage Parking
- Attached Garage, Off-Street Parking
- Heating System
- Wall Furnace
- Living Area
- 3,293
- Lot Size
- 4,792
- Neighborhood
- College
- Other Utilities
- Public Utilities
- Roof
- Shingle
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- RM2
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved