$3,798,000
818 Cowper ST Palo Alto, CA 94301
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$3,798,000
Est. payment /mo
1 Bed
1 Bath
3,328 SqFt
UPDATED:
10/30/2024 04:40 PM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $1,141
MLS Listing ID ML81970597
Bedrooms 1
Full Baths 1
Year Built 1903
Lot Size 6,550 Sqft
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 Downtown Palo Alto
Zoning RM3
Interior
Heating Wall Furnace
Cooling Ceiling Fan, Window / Wall Unit
Exterior
Garage On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 120-17-011
Security Features None
Special Listing Condition Not Applicable
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Listed by Robert Johnston • Marcus & Millichap