207 Hawthorne Avenue, Palo Alto, CA 94301
List Price: $3.99M
Listing Status: Active
0Days on Market: 2
0 Bedrooms · 0 Bathrooms · 3,142 sq ft
Property Type: ResidentialIncome
Year Built: 1902
Lot Size: 6,500 sq ft
Annual Property Tax: $18,568
MLS Number: ML82064495
About This Property
The actual location of the property is 171 Emerson St and 207 Hawthorne Ave. A downtown Palo Alto corner property combining a separate residence with multiple rental units and established rental income, this property combines classic residential character with proximity to University Avenues restaurants, cafés, boutiques, and Stanford Theatre. Nearby Johnson Park, Palo Alto Caltrain, and Stanford University enhance the locations residential and investment appeal. Top-tier local schools add desired value. Palo Alto was recently ranked #6 on Livability's "Top 100 Best Places to Live" in America. 171 Emerson Street offers a two-bedroom, two-bath residence. 207 Hawthorne Avenue includes 3 existing 1-bedroom, 1-bath units plus a 1-bedroom, 1-bath ADU with permit issued. The 5-unit configuration offers multiple rental income streams for established portfolio builders and an opportunity for buyers considering a residence with additional rental income, low maintenance and in a high demand area. This is a compelling opportunity to establish or expand a real estate holding in desirable downtown Palo Alto.
Listing provided by: Lynne Tran DRE #01293229 (408) 574-5000 ltran@interorealestate.com, Intero Real Estate Services
Source: CRMLS, MLS #: ML82064495
The listing office is Intero Real Estate Services. Belmont Brokerage Inc. (DRE #02431308) provides buyer representation and consultation. Tour and contact requests go to a Belmont agent.