Palo Alto, CA 94306,474 Matadero Avenue
Palo Alto, CA 94306,474 Matadero Avenue
Palo Alto, CA 94306,474 Matadero Avenue
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Listed by Philip Batlin • Marcus & Millichap
$2,850,000
Est. payment /mo
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3,186 SqFt
Pending

474 Matadero Avenue Palo Alto, CA 94306

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,186 sqft

Price per Sqft $894

MLS Listing ID ML81994098

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1950

Lot Size 5,227 Sqft

Property Sub-Type Quadruplex

Property Description

474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,397 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood.

Location

State CA

County Santa Clara

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Laminate

Fireplace No

Schools

School District Palo Alto Unified, Palo Alto Unified


Bay East AOR and Contra Costa AOR

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agent

Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

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474 Matadero Avenue