$ 3,798,000
818 Cowper ST Palo Alto, CA 94301
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$ 3,798,000
Est. payment /mo
Price Dropped by $182K
818 Cowper ST Palo Alto, CA 94301
3,328 SqFt
UPDATED:
09/30/2024 05:42 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $1,141
MLS Listing ID ML81970597
HOA Y/N No
Year Built 1903
Annual Tax Amount $45,846
Lot Size 6,551 Sqft
Acres 0.1504
Property Description
818 Cowper St is a stunning 7-unit investment opportunity located in the thriving city of Palo Alto, California. Situated on a 6,550 square foot parcel of land, the subject property was originally constructed in 1903 and has a gross building area of approximately 3,328 square feet, offering its tenants beautifully designed one-bedroom floor plans. The subject property has recently undergone extensive interior capital improvements with select units featuring high-end finishes including in-unit washers & dryers, stainless steel appliances, quartz countertops, modern cabinetry, updated kitchens, vinyl floor planking and upgraded bathrooms. Additionally, investors have the opportunity to further increase cash flow through developing an ADU featuring two studio units. 818 Cowper St is well-positioned in one of the Bay Areas most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of Top 100 Best Places to Live in America.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Flat
Building
Water Public
Schools
School District Palo Alto Unified
Others
Tax ID 12017011
Special Listing Condition Standard
Listed by Robert Johnston • Marcus & Millichap
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