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2745 Byron St
Palo Alto, CA 94306 Midtown Palo Alto

$2,500,000 USD

Multifamily For Sale  •  4,310 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 4,310 SF
  • Lot Size 0.21 AC
  • Year Built 1951
  • Cap Rate 2.85 %
  • Zoning RM3
33 Transit Score
78 Walk Score

Highlights

Massive upside in rents.
ADU potential in reardetached garage and attached garages.
Select units have been upgraded with newer Mini-split systems..
Property tucked in a quiet Cul-de-sac.
2735 and 2745 Byron St can be purchased together or separately.

Financial Summary (Actual)

Net Operating Income: $71,327 USD (2025)
Cap Rate: 2.85 %
Total Expenses: $47,692 USD

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
California Avenue (Caltrain - Caltrain (Caltrain)) 3 min - 1.2 mi
California Avenue Caltrain Station Southbound (Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 4 min - 1.6 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 20 min - 14.1 mi
San Francisco International 30 min - 22.0 mi
Metro Oakland International 43 min - 30.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: OneCarGarage
Included in Rent: Yes
Tony Zizzo 650-770-8356 Compass Commercial
Tony Zizzo 650-770-8356 Compass Commercial