Properties

Comm Ri Multi-units 5+ For Sale

6,121 Sqft - 759 Middlefield Road, PALO ALTO, California 94301

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Property Description

This is a trophy location in Crescent Park, 3 blocks to University Avenue. These types of buildings don’t become available often. Great income and long-term hold for appreciation. Building has substantial upgrades including dual-pane windows, forced-air furnaces for ea. unit, true oak hardwood floors, updated baths and maple kitchen cabinets. All units are very spacious with an open flow floor plan in the main living area. Attractive amenities include private balconies and patios, separate dining areas and dual entrances for 5 of the units. Covid showing restrictions apply.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81842146
Price : $5,998,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,121 Sqft
Year Built : 1964
Lot Area : 0.23 Sqft
Features
Heating System : Forced Air 1 Zone
View : Other
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Clara
City : PALO ALTO
Zipcode : 94301
Street : Middlefield Road
Street Number : 759
Floor Number : 0
Longitude : W123° 50' 48.9''
Latitude : N37° 26' 55.3''
MLS Addon
Office Name : Compass
Building Type : Other
Area : All Other Counties/States
Address : 759 Middlefield Road
Cross Street : Homer
Directions to Property : On the corner of Homer/Middlefi
LA1User Code : MLL5067612
LA1Agent First Name : Connie
LA1Agent Last Name : Miller
Status Category : Sold
Tot # Parking Spaces : 3
Tot # of Units : 6
Zoning : RM2T
List $/SqFt : $0
Age : 57
Apx Lot Sq Ft : 10,107 Sqft
Type of Building : Apt Complex
Annual Taxes : $7,032
Total Deposits : $0
ALL UNITS HAVE : Dishwasher, Refrigerator
EXTERIOR : Dual Pane Windows
FLOORING : Tile, Laminate, Hardwood Floors
LOT DESCRIPTION : Level
ON-SITE PARKING DESC : Covered Parking
OPERATING EXPENSES : Insurance, Maintenance/repair, Trash Removal, Vacancy Factor
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
ENERGY SAVING FEATURE : Thermostat Controller
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) : 4.11
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $5,998,000
Sold Price : $5,675,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 287600
Net Oper Income : 246671
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 7105
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 : 20.86
Buyer Agent DRE Num. : 01221669
List Agent DRE Num. : 01275848
Filtered Address : 759 Middlefield RD
Branded Media Link : https://www.tourfactory.com/2855460
LA1Agent License ID : 01275848
LA1Old Agent ID : 345102
LA1NRDS_ID : 191004810
SA1Agent First Name : Jeff
SA1Agent Last Name : Lang
SA1Agent License ID : 01221669
SA1User Code : MLL5083777
SA1Old Agent ID : 387667
SA1NRDS_ID : 196542126
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 : 003-32-039
Showing : See Confidential Remarks
SO1Office Abbreviation : MLL5017063
SO1Office Name : KW San Francisco
LO1Main Office ID : 71298
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 89251
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : No
Status Detail : 0
Search Price : 5675000
Address Search Number : 759
Listing Agent : 282134
Listing Office : 71298
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 337231
Buying Office 1 : 89251
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 35
Input Date : 04/05/2021 20:06:20
Update Date : 18/06/2021 10:02:37
PhotoTimestamp : 18/06/2021 06:12:08
First Photo Add Timestamp :
List Date : 04/05/2021
Expire Date :
Pending Date : 19/05/2021
Closing Date : 17/06/2021
Status Date : 17/06/2021
Price Date :
Off Market Date : 19/05/2021
Status : Sold
Dual Variable : Yes
HOA : No
City Transfer Tax : Yes
Off Market Status Date :
LVT Date :
DOMLS : 15
Cumulative DOMLS : 15
Unit # 1 # of Bedrooms: 2
Unit # 1 Approx. SqFt: 945
Unit # 1 Rent: 1500
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 955
Unit # 2 Rent: 3800
Unit # 3 # of Bedrooms: 3
Unit # 3 Approx. SqFt: 1385
Unit # 3 Rent: 4800
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81842146
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 6,121 Sqft
$5,998,000
Agent info
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