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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
    $3,492,200 Zestimate®
    $1,047/sqft
    $7,325 Estimated rent

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    $21,918/mo

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: December 21, 2024 at 02:58am

    Listed by:

    Robert Johnston 01853816 510-304-8077,

    Marcus & Millichap 650-391-1700,

    Cole Simpson 02016525 650-391-1735

    Bought with:

    Onkar Khatkar, 01471263

    Keller Williams Realty

    Source: MLSListings Inc,MLS#: ML81970597MLS Logo

    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
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    Estimated market value
    $3,492,200