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Chad Krakow
SOLD
$2,960,000
Date 09/11/2023

271 Curtner Avenue
Palo Alto, CA 94306

Multi-Family
Residential
5
Beds
4
Baths
3,986
Sq. Ft.
0.1836
Acre Lot
Courtesy: Bryan Danforth - Newmark Cornish & Carey
Home> California> Palo Alto> 94306
ATTRACTIVE SELLER FINANCING AVAILABLE! Two units currently vacant allowing a new owner to add value immediately by renovating and re-renting those units at higher rents. 6-unit apartment building in the heart of Silicon Valley in a great Palo Alto location. 1.5 miles from Stanford University, less than a mile from the Stanford Research Park, and 1 mile from the California Ave Caltrain Station. The property has one large 2-bed, 1-bath owner's unit with private balcony and fireplace, five 1-bed, 1-bath units, and a storage room/nonconforming studio ADU which could be expanded and made into a legal ADU. Perfect for an owner to live in the front unit and rent out the rest. Well maintained units with minimal deferred maintenance, but huge upside in rents in their as-is condition, or through renovation. New water heater, all copper plumbing and dual pane windows. ADU potential by converting some of the tuck-under spaces into a new unit.
ML81920761
Multi-Family, Other
5
Santa Clara
4 Full
1958
0.1836 Acres
Water: Public
Sewer: Sewer - Public
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Bryan Danforth - Newmark Cornish & Carey

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