REQUEST A TOUR

In-PersonVirtual Tour

Jeffrey Payatt

jpayatt@gmail.com +1(805) 886-2324

$ 2,998,000

Est. payment | -/mo

3,186 SqFt

Save

$ 2,998,000

Est. payment | -/mo

Save

3,186 SqFt

OPEN HOUSE

Tue Nov 19, 11:30am - 12:30pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,186 sqft

Price per Sqft $940

MLS Listing ID ML81977171

HOA Y/N No

Year Built 1950

Annual Tax Amount $37,617

Lot Size 5,227 Sqft

Property 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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM4

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplace No

Exterior

Garage Carport

Carport Spaces 4

View Y/N No

Roof Type Shingle

Accessibility None

Parking Type Carport

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Schools

School District Palo Alto Unified

Others

Tax ID 13240011

Special Listing Condition Standard

Listed by Philip Batlin • Marcus & Millichap

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 886-2324

jpayatt@gmail.com

474 Matadero AVE Palo Alto, CA 94306