Comm Ri Multi-units 5+ For Sale
3,915 Sqft - 251 Emerson Street, PALO ALTO, California 94301
Property Description
Incredible 8-unit building in highly sought-after Downtown Palo Alto. Ideally located, this Downtown Palo Alto property consists of six 1 bedroom/1 baths and two studios. Spacious backyard with lawn and raised flower beds. Conveniently located, a short distance to University Avenue, parks, shopping, top-rated Palo Alto Schools, and commute routes.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81810968
Price : $3,500,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,915 Sqft
Year Built : 1906
Lot Area : 0.13 Sqft
Features
Heating System : Other Heat
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Clara
City : PALO ALTO
Zipcode : 94301
Street : Emerson Street
Street Number : 251
Floor Number : 0
Longitude : W123° 50' 4.5''
Latitude : N37° 26' 47.9''
MLS Addon
Office Name : Compass
Building Type : Other
Area : All Other Counties/States
Address : 251 Emerson Street
LA1User Code : MLL5082383
LA1Agent First Name : Zachary
LA1Agent Last Name : Trailer
Status Category : Sold
Tot # Parking Spaces : 3
Tot # of Units : 8
Zoning : RM4
List $/SqFt : $0
Age : 114
Apx Lot Sq Ft : 5,674 Sqft
Type of Building : Apt Complex
Annual Taxes : $24,541
Total Deposits : $0
DISABLED FEATURES : Other
TENANT PAYS : Electric, Gas, Water
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.67
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,398,000
Sold Price : $3,350,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 192564
Net Oper Income : 163323
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 0
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 18.18
Buyer Agent DRE Num. : 01418178
List Agent DRE Num. : 01371338
Filtered Address : 251 Emerson ST
LA1Agent License ID : 01371338
LA1Old Agent ID : 380556
SA1Agent First Name : Greg
SA1Agent Last Name : Stange
SA1Agent License ID : 01418178
SA1User Code : MLL5064987
SA1Old Agent ID : 298390
SA1NRDS_ID : 191007224
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 120-25-025
Showing : Appointment Only,Call Listing Agent,See Remarks
SO1Office Abbreviation : MLL5009255
SO1Office Name : Compass
LO1Main Office ID : 76028
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 76028
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 3350000
Address Search Number : 251
Listing Agent : 332947
Listing Office : 76028
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 279558
Buying Office 1 : 76028
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 1
Input Date : 16/09/2020 18:19:08
Update Date : 14/07/2021 01:12:25
PhotoTimestamp : 14/07/2021 01:11:26
First Photo Add Timestamp :
List Date : 16/09/2020
Expire Date :
Pending Date : 20/05/2021
Closing Date : 09/07/2021
Status Date : 13/07/2021
Price Date :
Off Market Date : 20/05/2021
Status : Sold
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 246
Cumulative DOMLS : 246
Unit # 1 # of Bedrooms: 1
Unit # 1 Approx. SqFt: 480
Unit # 1 Rent: 2500
Unit # 2 Approx. SqFt: 307
Unit # 2 Rent: 2200
