818 Cowper ST Pending

Palo Alto,CA 94301

$ 3798000

1 Bed

1 Bath

3328 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 3,328 sqft

Price per Sqft $1,141

MLS Listing ID ML81970597

Bedrooms 1

Full Baths 1

Year Built 1903

Lot Size 6,550 Sqft

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.

Location

State CA

County Santa Clara

Area Downtown Palo Alto

Zoning RM3

Interior

Heating Wall Furnace

Cooling Ceiling Fan,Window / Wall Unit

Exterior

Garage On Street

Utilities Available Individual Electric Meters,Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Others

Special Listing Condition Not Applicable

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