CASA CAROLINA APARTMENTS - 24 UNITS IN PRIME PALO ALTO! First time on the market since being built in 1970. Incredible Unit Mix: (10) 2+2, (6) 2+1, (8) 1+1. Huge oversized units, all with private balcony or patio & yards. Lush landscaping with beautiful courtyard and swimming pool. Gated community with 34 subterranean tuck-under parking spaces and 4 ground-level open spaces. All copper plumbing and all units have dishwashers. 1/3 of the units have been fully renovated, 1/3 of the units have been moderately remodeled & 1/3 of the units are original offering significant add-value opportunity with continuing upgrades & increasing rents. On-site laundry facility and additional storage provides extra income. Ability to add 6 ADUs.
Irreplaceable location less than a mile from California Avenue Business District & Caltrain Station with numerous shopping, dining & entertainment options. Less than a mile from the Stanford Research Park, home to 150+ companies comprised of a diverse and thriving community of employees & innovators. 1.5 miles from Stanford University. "Very Walkable" score of 81 and "Biker's Paradise" score of 100 and feeds into excellent Palo Alto school districts.
Sold for $12,000,000 on 08/01/24
$12,000,000
Park Paloalto, Palo Alto, CA 94306
--beds
--baths
23,213sqft
Five Or More Units,
Built in 1970
-- sqft lot
$11,685,700 Zestimate®
$517/sqft
$2,746 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 21, 2024 at 02:58am
Listed by:
Matthew Thomson 01471708 650-515-6555,
Compass,
Bryan Danforth 01789680 650-274-5227
Bought with:
Matthew Thomson, 01471708
Compass
Bryan Danforth, 01789680
Compass
Source: MLSListings Inc,MLS#: ML81969973

Facts & features
Interior
Heating
- Electric
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Tile
Interior area
- Total structure area: 23,213
- Total interior livable area: 23,213 sqft
Property
Parking
- Total spaces: 38
- Parking features: Attached, Electric Gate
- Garage spaces: 38
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Features
- Pool features: Community
Lot
- Size: 0.66 Acres
Details
- Parcel number: 13241073
- Zoning: RM4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units,
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition, Shingle
Condition
- Year built: 1970
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Palo Alto
Other
Other facts
- Listing agreement: ExclusiveAgency
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
$11,685,700