Properties

Comm Ri Multi-units 5+ For Sale

5,680 Sqft - 825 Cowper Street, PALO ALTO, California 94301

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Property Description

Rare opportunity to own a attractive, quality 7 Unit Apartment complex located in the highly desirable Downtown Palo Alto neighborhood with many single family homes, 3 1/2 blocks from University Avenue. One of the very best apartment locations in the Bay Area. Pride of ownership well maintained property. Unit mix of (1) 2 BR 2 BA townhouse style unit and (6) 1 BR 1 BA units. Spacious & desirable floor plans. 2BR 2 BA unit would be a wonderful owner’s unit. 2 BR unit has a fireplace, private patio/yard & balcony. All 1 BR units have either a spacious yard or balcony. Dual pane windows & sliding glass doors. Hardwood floors. Kitchens equipped w/ oven, stove, refrigerator, garbage disposal, dishwasher (except Unit D) & Microwave (select units). Walk-in closet (select units). Built-in bookshelves (select units) . Low maintenance grounds. Close proximity to Stanford University, Stanford Shopping Center, Caltrain Station, Whole Foods & many jobs at Stanford Research Park, Facebook & Google.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81830351
Price : $4,665,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,680 Sqft
Year Built : 1960
Lot Area : 0.21 Sqft
Features
Heating System : Forced Air 1 Zone
Roof : Metal
Address Map
Country : US
State : CA
County : Santa Clara
City : PALO ALTO
Zipcode : 94301
Street : Cowper Street
Street Number : 825
Floor Number : 0
Longitude : W123° 50' 43.1''
Latitude : N37° 26' 44.8''
MLS Addon
Office Name : Cornish & Carey Commercial
Building Type : Other
Area : All Other Counties/States
Address : 825 Cowper Street
Cross Street : Homer Avenue
LA1User Code : MLL159536
LA1Agent First Name : Keith
LA1Agent Last Name : Suddjian
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 7
Zoning : RM-3
List $/SqFt : $0
Age : 61
Apx Lot Sq Ft : 9,149 Sqft
Type of Building : Apt Complex
Annual Taxes : $55,946
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
FLOORING : Tile, Hardwood Floors
OPERATING EXPENSES : Electric, Gas, Insurance, Janitorial, Accounting/legal, Utilities, Vacancy Factor, Water, Miscellaneous/other
SOME UNITS HAVE : Dishwasher
TENANT PAYS : Electric, Gas, Trash
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
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) : 2.87
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,665,000
Sold Price : $4,665,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 221500
Net Oper Income : 133879
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 6041
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 : 21.06
Buyer Agent DRE Num. : 00673961
List Agent DRE Num. : 00673961
Filtered Address : 825 Cowper ST
LA1Agent License ID : 00673961
LA1Old Agent ID : 2751
LA2Agent First Name : Michelle
LA2Agent Last Name : Clark
LA2User Code : MLL484616
LA2Old Agent ID : 234780
SA1Agent First Name : Keith
SA1Agent Last Name : Suddjian
SA1Agent License ID : 00673961
SA1User Code : MLL159536
SA1Old Agent ID : 2751
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 : 120-05-031
Showing : See Confidential Remarks
SA2Agent First Name : Michelle
SA2Agent Last Name : Clark
SA2Agent License ID : 01918902
SA2Old Agent ID : 234780
LO2Office Name : Cornish & Carey Commercial
SO1Office Abbreviation : MLL37692
SO1Office Name : Cornish & Carey Commercial
LO1Main Office ID : 70361
LO1Board ID : 0
LO2Office Identifier : 70361
LO2Main Office ID : 70361
SO1Office Identifier : 70361
SO1Board ID : 0
SO2Office Identifier : 70361
SO2Office Type : 0
SO2Office Name : Cornish & Carey Commercial
SO2Office State : CA
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 4665000
Address Search Number : 825
Listing Agent : 248935
Listing Office : 70361
Co-List Agent : 270860
Listing Office 2 : 70361
Apprx Equity : 0
Buyer Agent 1 : 248935
Buying Office 1 : 70361
Co-Sell Agent : 270860
Buying Office 2 : 70361
Photo Count : 18
Input Date : 18/02/2021 20:20:13
Update Date : 19/05/2021 10:02:41
PhotoTimestamp : 19/05/2021 02:44:51
First Photo Add Timestamp :
List Date : 18/02/2021
Expire Date :
Pending Date : 02/03/2021
Closing Date : 18/05/2021
Status Date : 18/05/2021
Price Date :
Off Market Date : 02/03/2021
Status : Sold
HOA : No
City Transfer Tax : Yes
Off Market Status Date :
LVT Date :
DOMLS : 12
Cumulative DOMLS : 12
Unit # 1 # of Bedrooms: 2
Unit # 1 Approx. SqFt: 1310
Unit # 1 Rent: 2800
Unit # 2 # of Bedrooms: 1
Unit # 2 Approx. SqFt: 592
Unit # 2 Rent: 2350
Unit # 3 # of Bedrooms: 1
Unit # 3 Approx. SqFt: 598
Unit # 3 Rent: 2350
Unit # 4 # of Bedrooms: 1
Unit # 4 Approx. SqFt: 886
Unit # 4 Rent: 2800
Unit # 5 # of Bedrooms: 1
Unit # 5 Approx. SqFt: 710
Unit # 5 Rent: 2615
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81830351
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 5,680 Sqft
$4,665,000
Agent info
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