2735 Byron ST, Palo Alto, CA 94306
- $2,625,000
- 5
- BD
- 3,263
- SqFt
Listed by Tony Zizzo, 650-770-8356 from Compass
(If provided) CoList: Ray Rodriguez from Compass
Sold listing courtesy of Tony Zizzo from PACU
- Sold Price
- $2,625,000
- List Price
- $2,500,000
- Closing Date
- Feb 05, 2026
- MLS#
- ML82030788
- Status
- SOLD
- Zoning
- RM3
- Sqft. of Residence
- 3,263
- Lot Size
- 6,899
- Listing Area
- Midtown
Property Description
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.
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Additional Information
- Age
- 73
- Cooling System
- Ceiling Fan, Other
- Floor Covering
- Carpet, Hardwood
- Foundation
- Concrete Perimeter, Crawl Space
- Garage Parking
- Carport, On Street
- Heating System
- Central Forced Air - Gas, Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 3,263
- Lot Size
- 6,899
- Neighborhood
- Midtown
- Other Rooms
- Laundry Room
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch, Shingle
- Sewer
- Sewer - Private
- Unincorporated Yn
- Yes
- Zoning
- RM3
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