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    210 Emerson Street

    Palo Alto, CA 94301
    • $4,988,000
    • STATUS: Pending
    • ON SITE: 17 days
    • ID#: ML81819935
    Pending
    UPDATED: 66 min ago
    $4,988,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,860
      SQFT
    • $1,292
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Presenting a rare investment opportunity with an unbeatable location in the heart of downtown Palo Alto, just blocks from University Avenue and with easy access to Stanford University. This stately property has been fully renovated and features four stylish 2-bedroom, 1-bathroom units, plus a detached bonus cottage with 2 bedrooms and 1 bathroom. Each features refinished hardwood floors, a living room, a modern kitchen with stainless-steel appliances, and in-unit laundry, plus the 4 units include off-street parking. This property is mere moments to downtown Palo Alto, a short trip to downtown Menlo Park, and multiple parks are within walking distance. Plus, Caltrain is just steps away, US 101 is nearby for Bay Area commuting, and this home is served by top-ranked Palo Alto schools.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T17:33:29.493. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/111804582
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    210 Emerson Street Palo Alto, CA 94301

    • Price: $4,988,000
    • Status: Pending
    • Updated: 66 min ago
    • ID#: ML81819935
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,860
    SQFT
    $1,292
    $/SQFT
    1912
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Santa Clara
    Area:
    699 - Not Defined
    Property Description
    Presenting a rare investment opportunity with an unbeatable location in the heart of downtown Palo Alto, just blocks from University Avenue and with easy access to Stanford University. This stately property has been fully renovated and features four stylish 2-bedroom, 1-bathroom units, plus a detached bonus cottage with 2 bedrooms and 1 bathroom. Each features refinished hardwood floors, a living room, a modern kitchen with stainless-steel appliances, and in-unit laundry, plus the 4 units include off-street parking. This property is mere moments to downtown Palo Alto, a short trip to downtown Menlo Park, and multiple parks are within walking distance. Plus, Caltrain is just steps away, US 101 is nearby for Bay Area commuting, and this home is served by top-ranked Palo Alto schools.
    Exterior Features

    Architectural Style VictorianCottage Carport Spaces 0.00 Construction Materials Wood SidingRedwood Siding Exterior Features LightingRain GuttersKoi Pond Foundation Details Concrete PerimeterSlab Garage Spaces 0.00 Lot Features Walkstreet Lot Size Source Gis Calculated Lot Size Units Square Feet Parking Total 0.00 Roof Composition

    Interior Features

    Appliances Gas RangeRefrigeratorGas & Electric RangeDishwasherRange Hood Appliances YN Yes Cooling None Cooling YN No Flooring Wood Heating Wall FurnaceNatural Gas Heating YN Yes Interior Features Built-In FeaturesWired For Sound Room Type See RemarksCenter HallConverted BedroomRetreat

    Property Features

    Accessibility Features None Cap Rate 4.52 Gross Multiplier 18.94 Gross Scheduled Income 263340.00 Insurance Expense 1720.00 Maintenance Expense 2400.00 Professional Management Expense 0.00 Special Listing Conditions Standard Trash Expense 1260.00 Zoning Rm2

    Listing provided courtesy of Deleon Team of Deleon Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T17:33:29.493. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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