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745 Stanford AVE, PALO ALTO, CA 94306 (MLS # ML81820777)

Price $2,788,000
Status Active
Beds 2
Baths 1 Bath
Home size 2,170 sqft
Lot Size 6,452 sqft
Separate house with two apartment rentals behind it. All three units are 2-bed, 1-bath. Perfect opportunity to live in the front unit, while earning income on the rear units. Prime location in the heart of Silicon Valley and directly across the street from Stanford University. For single-family home buyers, this is an opportunity to expand the front house to add more square footage and build up a great 2,325 sf house, while keeping the rear units for income. Numerous capital improvements, including new roofs, copper plumbing, updated interiors, new heating systems, new sprinkler system, etc. See Offering Memorandum for more details. Property has achieved top market rents, but is currently being held vacant so the new owner can decide how/what to occupy the property. Rents and financials below are based off the most recent rents achieved at this property.
Property Type(s): Single Family
Last Updated 11/18/2020 Year Built 1953
Community College County Santa Clara


School District Palo Alto Unified
Elementary School Escondido Elementary
Jr. High School Frank S. Greene Middle
High School Palo Alto High

Additional Details

AIR None
AREA College
BASEMENT Foundation: Concrete Perimeter and Slab
GARAGE Assigned Spaces, No Garage
HEAT Central Forced Air, Wall Furnace
INTERIOR None; Floors: Laminate, Tile
LOT 6451 sq ft
SEWER Sewer: Sewer - Public
WATER Water: Public
Listing provided by Bryan Danforth, Newmark Cornish & Carey

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.


Based on information from MLSListings MLS as of 12/2/20 7:32 AM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This IDX solution is (c) Diverse Solutions 2020.



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