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$2,700,000

Est. payment - /mo

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4,285 SqFt

Pending

4185 Byron ST Palo Alto, CA 94306

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/19/2024 04:42 PM

Key Details

Property Type Commercial

Listing Status Pending

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

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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