Rare College Park multi-unit with Cottage

$1,500,000

Across the street from Stanford University Housing, this rare 3-unit property is comprised of a charming one bedroom plus office cottage and a two-unit structure that contains a one bedroom/one bath, and a two bedroom/one and one-half bath apartment. Nestled at the end of a restricted access street in a fantastic College Park Neighborhood, this property allows tenants and residents to take full advantage of the amenities of this prime Palo Alto location.

Walking Distance to the Stanford Campus, California Ave. and a plethora of shops, cafés, restaurants and other amenities, this property provides ultimate convenience to prospective tenants such as Stanford Graduate and Post-Graduate Students, Professors or administrative staff. Partially furnished units and ultra-high demand for living space of this type in the College Park area, keeps the property rented year-round.

Excellent Neighborhood , Community, primary Schools and High School add more value to prospective tenants. This quiet location keeps you away from hustle and bustle, but still offers easy-access to El Camino Real then Oregon Expressway or Page Mill Road, which makes getting to Highway 101 or Interstate 280 a breeze! If you want to take advantage of public transportation, bus stops and Caltrain are just a few blocks away.

Aside from offering you a great deal on an extremely rare property, the Green Key Real Estate - Burlingame - San Mateo County office will contribute 10% of our gross commission toward adding green features to the property.

Units are currently rented at what is estimated to be below market value. For more detailed information regarding viewing the occupied units, leases in effect, income and other particulars, please contact the listing agent.

Location
Link to Map

For More Information Contact
Daniel Deliz
650.504.2700
daniel@greenkeyrealestate.com