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325-327 Hawthorne Ave
Palo Alto, CA 94301 Downtown Palo Alto

$11,500,000 USD

Apartments For Sale • 9,665 SF

Property Details

Property Type Apartments
Total Building Size 9,665 SF
Lot Size 0.46 AC
Building Class C
Year Built 1956
Zoning RM2

57 Transit Score

89 Walk Score

                
                    Highlights
                
                                Tenants enjoy a prime location within walking distance of Downtown Palo Alto (two blocks) and Stanford Shopping Center (0.8mi).
                            
                                Investors have the opportunity to acquire an exceptional multifamily asset situated on two parcels of land in a highly desirable market.
                            
                                Potential investors benefit from the stability of a five-year lease, secured by a corporate tenant for select units.
                            
                                The subject property benefits from its close proximity to Stanford University (0.7mi), creating a benefits demand and high prices for rental rates.
                            
                                The Palo Alto Unified School District is continuously ranked as the #1 school district in California and the nation according to Niche Rankings.

Amenities

Cable Ready
Dishwasher
Disposal
Laundry Facilities
Microwave
Property Manager on Site
Washer/Dryer
Heating
Recycling
Smoke Free
Ceiling Fans
Eat-in Kitchen
Kitchen
Hardwood Floors
Range
Tub/Shower
Walk-In Closets
Carpet
Dining Room
Window Coverings

Public Transportation

Commuter Rail	Drive	Walk	Distance
Palo Alto (Caltrain - Caltrain (Caltrain), Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain))	1 min	10 min	0.5 mi
Menlo Park (Caltrain - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain))	4 min	-	1.6 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	24 min	-	15.9 mi
San Francisco International	29 min	-	20.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Covered
Included in Rent:	Yes

Adam Levin 650-492-0934 Levin Johnston

325-327 Hawthorne Ave Palo Alto, CA 94301 Downtown Palo Alto