3820 Park Boulevard, Palo Alto, California 94306
  • $12,800,000

Overview

Property ID: ML81969973
  • Commercial Sale
  • Property Type
  • 23213 Sqft
  • Area Size
  • 1970
  • Year Built

Description

CASA CAROLINA APARTMENTS – 24 UNITS IN PRIME PALO ALTO! First time on the market since being built in 1970. Incredible Unit Mix: (10) 2+2, (6) 2+1, (8) 1+1. Huge oversized units, all with private balcony or patio & yards. Lush landscaping with beautiful courtyard and swimming pool. Gated community with 34 subterranean tuck-under parking spaces and 4 ground-level open spaces. All copper plumbing and all units have dishwashers. 1/3 of the units have been fully renovated, 1/3 of the units have been moderately remodeled & 1/3 of the units are original offering significant add-value opportunity with continuing upgrades & increasing rents. On-site laundry facility and additional storage provides extra income. Ability to add 6 ADUs. Irreplaceable location less than a mile from California Avenue Business District & Caltrain Station with numerous shopping, dining & entertainment options. Less than a mile from the Stanford Research Park, home to 150+ companies comprised of a diverse and thriving community of employees & innovators. 1.5 miles from Stanford University. “Very Walkable” score of 81 and “Biker’s Paradise” score of 100 and feeds into excellent Palo Alto school districts.

  • Address: 3820 Park Boulevard
  • City: Palo Alto
  • State/county: CA
  • Zip/Postal Code: 94306

Details

Updated on August 1, 2024 at 11:08 pm
  • Property ID ML81969973
  • Price $12,800,000
  • Property Size 23213 Sqft
  • Land Area 0.6608 Acres
  • Year Built 1970
  • Property Type Commercial Sale
  • Property Status Closed

Additional details

  • Roof Composition, Shingle
  • Cooling None
  • Heating Electric
  • County Santa Clara
  • Property Type Commercial Sale

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