Rarely available true pride of ownership 8-unit opportunity in core downtown Palo Alto. This immaculately maintained property contains a large 3+2.5 owner's unit, (2) 2+1.5, (4) 1+1 and (1) unpermitted Studio unit mix. 331 Poe features many amenities not typically found in asset of this size such as electric vehicle charging (7 units), a pool, and oversized storage units. Most apartments have updated kitchens and baths, plank flooring, stainless steel appliances, and dishwashers. The property is located moments to Stanford University, Shopping Center, and Health Care system, is transit-oriented being a short walk to the Palo Alto Caltrain station, and benefits from quaint retail and restaurants of University Avenue. 331 Poe feeds to the top public school district in California. This is one of a kind.
For sale
Price cut: $295K (5/24)
$5,650,000
Poe Paloalto, Palo Alto, CA 94301
--beds
--baths
5,843sqft
Est.:
Five Or More Units,
Built in 1965
-- sqft lot
$5,445,900 Zestimate®
$967/sqft
$-- HOA
What's special
Plank flooringUpdated kitchensStainless steel appliancesOversized storage units
- 132 days
- on Zillow |
- 95 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 05, 2025 at 01:21am
Listed by:
Joel Hopman 01934574 415-722-2200,
Newmark Cornish & Carey,
David O'such 01033820 650-465-1100
Source: MLSListings Inc,MLS#: ML82000416

Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Forced Air, Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Doors: None
Interior area
- Total structure area: 5,843
- Total interior livable area: 5,843 sqft
Property
Parking
- Parking features: Assigned, Electric Vehicle Charging Station(s)
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: Community
Lot
- Size: 8,973.36 Square Feet
Details
- Parcel number: 12012037
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units,
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Other, Tile
Condition
- Year built: 1965
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public
Community & HOA
HOA
- Amenities included: Additional Storage, Barbecue Area, Community Pool
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $967/sqft
- Date on market: 4/1/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: FurnishedSomeUnits, OvenRangeAllUnits
- Lease term: Month To Month
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