Palo Alto, CA 94301,331 Poe ST
Palo Alto, CA 94301,331 Poe ST
Palo Alto, CA 94301,331 Poe ST
Listed by Joel Hopman • Newmark Cornish & Carey
Bought with Joel Hopman • Newmark Cornish & Carey
$4,650,000
Est. payment /mo
$5,095,000
8.7%
Est.Price: ?

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7 Beds
6 Baths
5,843 SqFt
SOLD DATE : 06/09/2023

Key Details

Sold Price $4,650,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,843 sqft

Price per Sqft $795

MLS Listing ID ML81920951

Sold Date 06/09/23

Bedrooms 7

Full Baths 5

Half Baths 2

Year Built 1965

Lot Size 9,001 Sqft

Property Sub-Type Five or More Units

Property Description

Rarely available pride of ownership 7-unit opportunity in core downtown Palo Alto. This immaculately maintained property contains a large 3+2.5 owner's unit, (2) 2+1.5, and (4) 1+1 unit mix with 1:1 parking. 331 Poe features many amenities not typically found in asset of this size such as electric vehicle charging (each unit), a pool, oversized storage units, and a leasing office. Most apartments have updated kitchens and baths and plank flooring, stainless steel appliances, and dishwashers. The property is located moments to Stanford University, Shopping Center, and Health Care system, is transit-oriented being a short walk to the Palo Alto Caltrain station, and benefits from quaint retail and restaurants of University Avenue. 331 Poe feeds to the top public school district in California. Attractive assumable financing available: ~6 years remaining at 3.36%.

Location

State CA

County Santa Clara

Area Downtown Palo Alto

Zoning R1

Interior

Heating Central Forced Air, Wall Furnace

Cooling Ceiling Fan, Central AC, Window / Wall Unit

Exterior

Parking Features Assigned Spaces, Carport , Electric Car Hookup

Pool Pool - Fenced, Pool - Heated, Pool - In Ground

Community Features Additional Storage, Community Pool, Other

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Metal

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Tax ID 120-12-037

Security Features None

Special Listing Condition Not Applicable

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Eddie Oberoi

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Agent | License ID: 01323567

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