412 Leland Avenue, Palo Alto, California 94306
  • $3,750,000

Overview

Property ID: ML81952083
  • Quadruplex, Residential Income
  • Property Type
  • 2.0
  • Garages
  • 3293 Sqft
  • Area Size
  • 1910
  • Year Built

Description

408-412 Leland Ave is a stunning 5*-unit investment opportunity located across the street from the globally recognized Stanford University Campus in the thriving city of Palo Alto, California. Situated on a 5, 000-square-foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 3, 293 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. Additionally, investors have the opportunity to further increase cash flow through developing a two-bedroom two-bathroom ADU. 408-412 Leland Ave is well-positioned in one of the Bay Area’s 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”. The subject property offers renters closer proximity to many of the nation’s top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Cloudera, Visa, Sony as well as many others.

  • Address: 412 Leland Avenue
  • City: Palo Alto
  • State/county: CA
  • Zip/Postal Code: 94306

Details

Updated on March 15, 2024 at 12:11 am
  • Property ID ML81952083
  • Price $3,750,000
  • Property Size 3293 Sqft
  • Land Area 0.11 Acres
  • Garages 2.0
  • Year Built 1910
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Roof Shingle
  • Sewer Public Sewer
  • Cooling None
  • Heating Wall Furnace
  • County Santa Clara
  • Property Type Residential Income
  • Parking Off Street

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