22
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$2,500,000
Est. payment /mo
8,999 Sqft Lot
Pending
2745 Byron ST Palo Alto, CA 94306
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID ML82030786
HOA Y/N No
Year Built 1951
Annual Tax Amount $29,938
Lot Size 8,999 Sqft
Property Description
Located on a quiet cul-de-sac, the property benefits from strong tenant demand driven by proximity to major Silicon Valley employers, top-rated schools, and Stanford University. The property consists of 5 units with a desirable mix of (3) 2BD/1BA units and (2) 1BD/1BA units, appealing to professionals, couples, and small families. Two units feature mini-split air conditioning systems, supporting tenant comfort and potential rental upside. Tenants enjoy convenient access to Downtown Palo Altos dining, retail, and entertainment options, while remaining less than two miles from Stanford University. Situated on a well-utilized infill lot in a supply-constrained submarket, the property offers long-term investment stability. The cul-de-sac setting provides a residential feel while maintaining close proximity to transit corridors and employment centers. Subject to buyer verification, the lot may offer potential for an additional dwelling unit (ADU). Improvements include a newly repaved driveway, dual-pane windows, and a newer roof installed in 2011. Units retain original hardwood floors, cabinetry, and countertops, providing classic charm and a value-add opportunity.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM3
Interior
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Roof Type Flat,Shingle
Total Parking Spaces 4
Schools
School District Palo Alto Unified
Others
Tax ID 13255024
Special Listing Condition Standard
Listed by Tony Zizzo Compass
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