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525 Hamilton Ave
Palo Alto, CA 94301 Downtown Palo Alto

$3,198,000 USD

Apartments For Sale  •  2,728 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,728 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1892
  • Cap Rate 3.75 %
  • Tenancy Multiple
  • Zoning CDC
50 Transit Score
80 Walk Score

Highlights

Incredible, prime downtown Palo Alto location
Great unit mix: four 1-bed/1-bath units + two studios
Fabulous parking on-site: 3 garages, 2 carports, 2 uncovered spots
Updated kitchens and baths for most units
Fully leased property, consistent and strong tenant demand

Property Flyers

Financial Summary (Actual)

Net Operating Income: $119,896 USD (2025)
Cap Rate: 3.75 %
Total Expenses: $70,226 USD

Major Tenants

Tenant SF Occupied Lease End Date
Vanguard Ventures Partners

Amenities

  • Dishwasher
  • Washer/Dryer
  • Heating
  • Gas Range
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Private Bathroom
  • Smoke Detector
  • Walk-Up
  • Quartz Countertops

Public Transportation

Commuter RailDriveWalkDistance
3 min 14 min 0.7 mi
6 min - 1.9 mi
Transit/SubwayDriveWalkDistance
Palo Alto (Caltrain - Caltrain (Caltrain)) 3 min 13 min 0.7 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 23 min - 15.5 mi
San Francisco International 29 min - 20.4 mi
Metro Oakland International 42 min - 28.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Kelly Griggs 650-464-1965 Coldwell Banker Realty
Kelly Griggs 650-464-1965 Coldwell Banker Realty