Active

818 Cowper ST

PALO ALTO CA, 94301

$3,980,000


$1,195.91 per sqft

Active

3,328 sqft

Multi-family

Built in 1903

Listed by Marcus & Millichap, Robert Johnston, Cole Simpson Listing Contact: 6503911744

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.

ML81970597

MLS ID

June 21, 2024

Listed

August 23, 2024

Updated

Map

818 Cowper ST
PALO ALTO CA, 94301

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.15 Acres

School Information

School District

Palo Alto Unified

Other Property Details

Area Name

Downtown Palo Alto


Garage

No


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

RM3

Listing History

Date

Event

Price

8/13/2024

Price change

$3,980,000

-8%

Listed by Marcus & Millichap, Robert Johnston, Cole Simpson
Listing Contact: 6503911744 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Suzanne Freeze-Manning shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Suzanne Freeze-Manning are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 10:53 AM UTC, 8/23/2024

 

 

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