Log In/Sign Up
Your email has been sent.
103 Tennyson Ave 3 Unit Apartment Building $2,988,000 ($996,000/Unit) Palo Alto, CA 94301
Investment Highlights
- Trophy Location in World-Class Palo Alto with Nearby Luxury Residences Valued at over $20 Million+
- Convenient Property Amenities
- Desirable Unit Mix
- Prestigious Palo Alto School District
Executive Summary
103 Tennyson Ave is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 7,500 square foot parcel, the subject property was originally constructed in 1970 and features approximately 3,371 square feet of gross building area, offering beautifully designed two-bedroom floor plans. The property consists of one flat and two townhome-style units, each with private detached garage parking and its own private patio or deck. Ideally positioned within walking distance of Stanford University, 103 Tennyson Ave benefits from Palo Alto's exceptionally strong rental market, high demand, and premium rental rates. Known for its historic neighborhoods, vibrant shopping, dining, entertainment, and cultural attractions, Palo Alto was recently ranked #6 on Livability's "Top 100 Best Places to Live" in America. The investment appeal is further strengthened by the city's strong employment base, low vacancy rates, and prime Silicon Valley location, providing residents with convenient access to prestigious schools, major employers, and an abundance of lifestyle amenities.
Data Room Click Here to Access
Property Facts
| Price | $2,988,000 | Lot Size | 0.17 AC |
| Price Per Unit | $996,000 | Building Size | 3,371 SF |
| Sale Type | Investment | Average Occupancy | 97% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 1.19/1,000 SF |
| Building Class | C | ||
| Zoning | RM2, Palo Alto | ||
| Price | $2,988,000 |
| Price Per Unit | $996,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,371 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | RM2, Palo Alto |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 2 | - | - |
| 2+2 | 1 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 124-17-077 | Improvements Assessment | $197,024 |
| Land Assessment | $1,723,996 | Total Assessment | $1,921,020 |
Property Taxes
Parcel Number
124-17-077
Land Assessment
$1,723,996
Improvements Assessment
$197,024
Total Assessment
$1,921,020
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
