$ 2,700,000
4185 Byron ST Palo Alto, CA 94306
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$ 2,700,000
Est. payment | /mo
4,285 SqFt
$ 2,700,000
Est. payment | /mo
4,285 SqFt
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,285 sqft
Price per Sqft $630
MLS Listing ID ML81979613
HOA Y/N No
Year Built 1958
Annual Tax Amount $32,843
Lot Size 0.281 Acres
Acres 0.2806
Property Description
4185 Byron St. represents a rare opportunity to acquire a 6-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. Originally built in 1958, the property is situated on a 12,222 square foot parcel of land with a gross building area of 4,285 square feet and features stunning one-bedroom floor plans, some with large private patios. Palo Alto was recently ranked #6 on the livability.com list of Top 100 Best Places to Live in America. The subject property offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within walking distance to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others. The investment appeal of this asset is driven by Palo Altos incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 4185 Byron St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning PC
Interior
Heating Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 6
Roof Type Shingle
Building
Water Public
Schools
School District Palo Alto Unified
Others
Tax ID 14708019
Special Listing Condition Standard
Listed by Eymon Binesh • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "