CA > Palo Alto
Palo Alto, CA 94301,827 University AVE
Palo Alto, CA 94301,827 University AVE
Palo Alto, CA 94301,827 University AVE
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$5,200,000
Est. payment /mo
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4 BD
5 BA
6,300 SqFt
Active

827 University AVE Palo Alto, CA 94301

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Christa Nielsen

Christa Nielsen

+1(408) 206-5196

UPDATED:

02/01/2025 07:21 AM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $825

MLS Listing ID ML81989705

Bedrooms 4

Full Baths 5

Year Built 1955

Lot Size 0.289 Acres

Property Sub-Type Five or More Units

Property Description

Introducing an extraordinary opportunity to acquire a rare seven-unit multifamily community within walking distance of vibrant Downtown Palo Alto. The property comprises a 1900s-era mansion, converted over the past sixty years into a duplex, and five additional one-bedroom units built in 1955. The front mansion includes a large two-bedroom, one-bathroom unit, and a large three-bedroom, two-bathroom unit, each rich in character and offering tenants a unique living experience. In the back, the five one-bedroom units provide cozy, private living spaces. The property also offers six private garages, three private backyards, and multiple storage units, enhancing its appeal and functionality. At a listing price of $5,200,000, which equates to $742,857 per unit, this is a rare opportunity to acquire residential units in Palo Alto at a fraction of the cost of local single-family homes.

Location

State CA

County Santa Clara

Area Crescent Park

Building/Complex Name University Apartments

Zoning RM3

Interior

Heating Central Forced Air - Gas, Wall Furnace

Cooling Central AC, Window / Wall Unit

Exterior

Parking Features Assigned Spaces, Attached Garage

Garage Spaces 6.0

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 003-03-018

Security Features None

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)
© 2025 MLSListings Inc. All rights reserved.
Listed by Jimmy Castellanos • Marcus & Millichap

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Christa Nielsen

Agent | License ID: 02033382

+1(408) 206-5196

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827 University AVE