301 College AVE, Palo Alto, CA 94306

$3,995,000
8
BD
4,290
SqFt

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Listed by Bouja & Swenson Group, 408-655-9398 from Golden Gate Sotheby's International Realty
(If provided) CoList: from

List Price
$3,995,000
MLS#
ML82064694
Status
ACTIVE
Zoning
RM3T
Sqft. of Residence
4,290
Lot Size
6,575
Listing Area
College

Property Description

Rare opportunity to own an exceptionally spacious triplex in Palo Altos desirable College Terrace neighborhood, offering approximately 4,350 sf of living space across three substantial residences. The front residence is the largest, a two-story 3-bedroom, 2.5-bath home with generous living areas and laminate flooring. The middle residence offers 3 bedrooms and 2 baths on one level, while the private rear two-story 2-bedroom, 2-bath residence features its own patio and direct access to covered carport parking. Each unit offers unusually spacious rooms and a level of livability rarely found in a three-unit property. Additional amenities include six covered carport spaces, storage, and shared laundry. Ideally located near Stanford University, California Avenue shopping and dining, Caltrain, and major Silicon Valley employment centers, the property offers an exceptional combination of location, size, and long-term potential. Current rents are below market providing future income-growth potential. This is a unique opportunity for an investor or future owner-occupant seeking in-place income, long-term rental upside, and a substantial multifamily property in one of Palo Altos most desirable neighborhoods.

Additional Information

Cooling System
Central Forced Air - Gas
Energy Features
Double Pane Windows
Floor Covering
Carpet, Laminate
Foundation
Concrete Perimeter
Garage Parking
Carport
Heating System
Central Forced Air - Gas
Laundry Facilities
Coin Operated
Living Area
4,290
Lot Size
6,575
Neighborhood
College
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
RM3T

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