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$ 5,945,000
Est. payment | /mo
8,999 Sqft Lot
$ 5,945,000
Est. payment | /mo
8,999 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82000416
HOA Y/N No
Year Built 1965
Annual Tax Amount $70,914
Lot Size 8,999 Sqft
Property Description
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.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R1
Interior
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 7
Roof Type Other,Tile
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Palo Alto
School District Palo Alto Unified
Others
Tax ID 12012037
Special Listing Condition Standard
Listed by Joel Hopman • Newmark Cornish & Carey
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "