Palo Alto, CA 94306,4185 Byron ST
Palo Alto, CA 94306,4185 Byron ST
Palo Alto, CA 94306,4185 Byron ST
Palo Alto, CA 94306,4185 Byron ST
Palo Alto, CA 94306,4185 Byron ST
Palo Alto, CA 94306,4185 Byron ST
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$2,500,000

$2,700,000

7.4%
Est.Price: ?

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Est. payment /mo

0.28 Acres Lot


SOLD DATE : 11/04/2024

Key Details

Sold Price $2,500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81979613

Sold Date 11/04/24

HOA Y/N No

Year Built 1958

Annual Tax Amount $32,843

Lot Size 0.281 Acres

Property Description

4185 Byron St. represents a rare opportunity to acquire a 6-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. Originally built in 1958, the property is situated on a 12,222 square foot parcel of land with a gross building area of 4,285 square feet and features stunning one-bedroom floor plans, some with large private patios. Palo Alto was recently ranked #6 on the livability.com list of Top 100 Best Places to Live in America. The subject property offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within walking distance to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others. The investment appeal of this asset is driven by Palo Altos incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 4185 Byron St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning PC

Interior

Heating Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 6

Roof Type Shingle

Building

Water Public

Schools

School District Palo Alto Unified

Others

Tax ID 14708019

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eymon Binesh • Marcus & Millichap
Bought with Eymon Binesh • Marcus & Millichap
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