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500 Palo Alto Ave
Palo Alto, CA 94301 Downtown Palo Alto

Price Upon Request

Apartments For Sale  •  6,442 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,442 SF
  • Lot Size 0.29 AC
  • Building Class B
  • Year Built 1958
  • Zoning R1
54 Transit Score
80 Walk Score

Highlights

Recent replacement of water heaters (2023+2025)
All Copper piping
Numerous recent upgrades including interior updates to at least half of the units with updated kitchen countertops and bathrooms
Forced Air Heating in every unit, many furnaces replaced in the past few years
Beautiful pool and courtyard area, a great draw for tenants
Convert the tuck-under parking into 2 new ADU units for added cash flow + value

Amenities

  • Balcony
  • Laundry Facilities
  • Pool
  • Views
  • Deck

Public Transportation

Commuter RailDriveWalkDistance
Palo Alto (Caltrain - Caltrain (Caltrain), Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 2 min 15 min 0.8 mi
Menlo Park (Caltrain - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 4 min - 1.7 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 24 min - 15.9 mi
San Francisco International 29 min - 19.9 mi
Metro Oakland International 41 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes