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.
Sold for $3,485,000 on 11/15/24
$3,485,000
Cowper Paloalto, Palo Alto, CA 94301
--beds
--baths
3,328sqft
Five Or More Units,
Built in 1903
-- sqft lot
$3,396,700 Zestimate®
$1,047/sqft
$8,075 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 21, 2024 at 02:58am
Listed by:
Robert Johnston 01853816 510-304-8077,
Marcus & Millichap,
Cole Simpson 02016525 650-391-1735
Bought with:
Onkar Khatkar, 01471263
Keller Williams Realty
Source: MLSListings Inc,MLS#: ML81970597

Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Features
- Doors: None
Interior area
- Total structure area: 3,328
- Total interior livable area: 3,328 sqft
Property
Parking
- Parking features: On Street
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 6,534 sqft
Details
- Parcel number: 12017011
- Zoning: RM3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units,
Materials
- Foundation: Slab
- Roof: Flat
Condition
- Year built: 1903
Utilities & green energy
- Gas: IndividualGasMeters
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: Palo Alto
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,396,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,396,700