SOLD
$1,925,000
Date 12/29/2023

102 Colorado Avenue
Palo Alto, CA 94301

Fourplex
Residence
1,800
Sqft
0.1803
Lot Size
Listing Agent: Matthew Thomson CalDRE: 01471708 - Newmark Cornish & Carey

Description for 102 Colorado Avenue Palo Alto, CA 94301

Incredible add-value opportunity! Fourplex in Midtown Palo Alto strategically positioned on 7,607 SF corner lot. THREE UNITS CURRENTLY VACANT! New owner can implement upgrades and achieve immediate upside. Only mile walk to Cal Train and California Ave with numerous shopping and dining amenities, public events and regular Sunday farmers market. RM-30 Zoning allows for higher density in this district, giving a buyer options to continue to operate this as a 4-plex with good rental income, or redevelop into other housing, such as brand new condos. All 4 units are 1-bedroom / 1-bath apartments. Originally Studios, the bedrooms were converted from garage space. Tenants enjoy 4 driveway and 2 open parking spaces. 102 Colorado Avenue is an excellent investment opportunity for investors, owner-occupiers & developers.

Property Details

ML81946018
Fourplex, 1 Story
Santa Clara
1953
0.1803 Acres
Public
1
Public Sewer
View More   View Less  

Nearby Schools

Loading...
Data Provided by Onboard

Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

View More   View Less  

Market Trends

Mortgage Calculator

Schools & Neighborhood

Listing Agent: Matthew Thomson CalDRE: 01471708 - Newmark Cornish & Carey
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/6/2024 6:34 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

© 2019 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway Home Services and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®

Equal Housing Opportunity.

BHH Affiliates, LLC is a Delaware limited liability company. Its principal office is located at 18500 Von Karman, Suite 400, Irvine, California 92612 USA

Our website uses cookies, including third parties’ profiling cookies, to improve your user experience. You can learn more about how we use cookies and how to change your cookies settings in our Privacy Policy. By closing this message, clicking above or continuing to use this site, you consent to our use of cookies.