Palo Alto, CA 94301,818 Cowper ST
Palo Alto, CA 94301,818 Cowper ST
Palo Alto, CA 94301,818 Cowper ST
Palo Alto, CA 94301,818 Cowper ST
Palo Alto, CA 94301,818 Cowper ST
Palo Alto, CA 94301,818 Cowper ST
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$3,485,000

$3,798,000

8.2%
Est.Price: ?

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Est. payment /mo

6,551 Sqft Lot


SOLD DATE : 11/15/2024

Key Details

Sold Price $3,485,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81970597

Sold Date 11/15/24

HOA Y/N No

Year Built 1903

Annual Tax Amount $45,846

Lot Size 6,551 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 699 - Not Defined

Zoning RM3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Flat

Building

Water Public

Schools

School District Palo Alto Unified

Others

Tax ID 12017011

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Johnston • Marcus & Millichap
Bought with Onkar Khatkar

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Shaun Hurley

Broker Associate | Lic# 00870450

+1(949) 463-4663

32451 Golden Lantern # 210, Niguel, CA, 92677

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