Palo Alto, CA 94301,331 Poe ST
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Palo Alto, CA 94301,331 Poe ST
Palo Alto, CA 94301,331 Poe ST
Palo Alto, CA 94301,331 Poe ST
Palo Alto, CA 94301,331 Poe ST

$4,650,000

Est. payment /mo

$5,095,000

8.7%
Est.Price: ?

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331 Poe ST Palo Alto, CA 94301

8,999 Sqft Lot

SOLD DATE : 06/09/2023

Key Details

Sold Price $4,650,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81920951

Sold Date 06/09/23

HOA Y/N No

Year Built 1965

Annual Tax Amount $61,710

Lot Size 8,999 Sqft

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 699 - Not Defined

Zoning R1

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 7

Roof Type Metal

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Palo Alto

School District Palo Alto Unified

Others

Tax ID 12012037

Financing Other

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Joel Hopman • Newmark Cornish & Carey
Bought with Joel Hopman • Newmark Cornish & Carey
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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