3820 Park BLVD, Palo Alto, CA 94306

$12,000,000
23,213
SqFt

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

Sold listing courtesy of Matthew Thomson from PAGCB

Sold Price
$12,000,000
List Price
$12,800,000
Closing Date
Aug 01, 2024
MLS#
ML81969973
Status
SOLD
Sqft. of Residence
23,213
Lot Size
28,784
Listing Area
Ventura
Year Built
1970

Property Description

CASA CAROLINA APARTMENTS - 24 UNITS IN PRIME PALO ALTO! First time on the market since being built in 1970. Incredible Unit Mix: (10) 2+2, (6) 2+1, (8) 1+1. Huge oversized units, all with private balcony or patio & yards. Lush landscaping with beautiful courtyard and swimming pool. Gated community with 34 subterranean tuck-under parking spaces and 4 ground-level open spaces. All copper plumbing and all units have dishwashers. 1/3 of the units have been fully renovated, 1/3 of the units have been moderately remodeled & 1/3 of the units are original offering significant add-value opportunity with continuing upgrades & increasing rents. On-site laundry facility and additional storage provides extra income. Ability to add 6 ADUs. Irreplaceable location less than a mile from California Avenue Business District & Caltrain Station with numerous shopping, dining & entertainment options. Less than a mile from the Stanford Research Park, home to 150+ companies comprised of a diverse and thriving community of employees & innovators. 1.5 miles from Stanford University. "Very Walkable" score of 81 and "Biker's Paradise" score of 100 and feeds into excellent Palo Alto school districts.

Additional Information

Acres
0.66
Age
54
Cooling System
None
Floor Covering
Carpet, Hardwood, Tile
Foundation
Concrete Perimeter and Slab
Garage Parking
Attached Garage, Electric Gate
Heating System
Electric
Living Area
23,213
Lot Size
28,784
Neighborhood
Ventura
Other Utilities
Public Utilities
Pool Description
Pool - In Ground
Roof
Composition, Shingle
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
RM4

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