474 Matadero Avenue
Palo Alto, CA 94306
3186 sqft | 0.12 acres | #ML81977171
Description
474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,397 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood.
Property Details
- School DistrictPalo Alto Unified
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountySanta Clara
- Original List Price$3,198,000
- MLS #ML81977171
- Property SubtypeQuadruplex
- MLS #ML81977171
- Taxes Annual$37,617
- Cost2998000
- Acres0.12
- Square Feet3186
- Year Built1950
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Philip Batlin (#ML480525)
Listing Office: Marcus & Millichap (#ML88226)
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