818 Cowper Street

Palo Alto, CA 94301

PRICE REDUCED

arrow_downward
-$497,000 (-11.57%)

$3,798,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1903

calendar_month Built

Property Description

818 Cowper St is a stunning 7-unit investment opportunity located in the thriving city of Palo Alto, California. Situated on a 6,550 square foot parcel of land, the subject property was originally constructed in 1903 and has a gross building area of approximately 3,328 square feet, offering its tenants beautifully designed one-bedroom floor plans. The subject property has recently undergone extensive interior capital improvements with select units featuring high-end finishes including in-unit washers & dryers, stainless steel appliances, quartz countertops, modern cabinetry, updated kitchens, vinyl floor planking and upgraded bathrooms. Additionally, investors have the opportunity to further increase cash flow through developing an ADU featuring two studio units. 818 Cowper St is well-positioned in one of the Bay Areas most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of Top 100 Best Places to Live in America.

Listing Information

List Price $3,798,000
Status Active
MLS ML81970597
HOA $0
Type Commercial
Year Built 1903
Lot Size 6,550
Structure Size N/A
DOM 98
Courtesy Of Marcus & Millichap
Listing Agent Robert Johnston DRE#01853816
Co-Listing Agent Cole Simpson DRE#02016525

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Robert Johnston, Cole Simpson, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 27th, 2024 at 12:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.