474 Matadero AVE, Palo Alto, CA 94306
- $3,198,000
- 4
- BD
- 3,186
- SqFt
Listed by Philip Batlin, 415-625-2189 from Marcus & Millichap
(If provided) CoList: Haili Wu from Kidder Mathews
- List Price
- $3,198,000
- MLS#
- ML81977171
- Status
- ACTIVE
- Zoning
- RM4
- Year Built
- 1950
- Age
- 74
- City
- Palo Alto
- Lot Size
- 5,227
- Zip
- 94306
- Sqft. of Residence
- 3,186
- Listing Area
- Ventura
- Acres
- 0.12
- Neighborhood
- Ventura
Property Description
474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,397 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood.
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Additional Information
- Acres
- 0.12
- Cooling System
- None
- Floor Covering
- Laminate
- Foundation
- Wood Frame
- Garage Parking
- Carport
- Carport
- 4
- Heating System
- Wall Furnace
- Living Area
- 3,186
- Lot Size
- 5,227
- Neighborhood
- Ventura
- Other Utilities
- Public Utilities
- Roof
- Wood Shakes / Shingles
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Unit1 Approxsqft
- 800
- Unit1 Beds
- 1
- Unit1 Rent
- 2574
- Unit2 Approxsqft
- 800
- Unit2 Beds
- 1
- Unit2 Rent
- 3000
- Unit3 Approxsqft
- 800
- Unit3 Beds
- 1
- Unit3 Rent
- 2600
- Unit4 Approxsqft
- 797
- Unit4 Beds
- 1
- Unit4 Rent
- 2500
- Water
- Private / Mutual
- Zoning
- RM4
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