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147-159 Emerson St
Palo Alto, CA 94301
Multifamily Property For Sale
·
13 Units
Investment Highlights
- Prime Downtown Palo Alto Location, one of the best rental locations in the Bay Area
- Lovely expansive grounds
- Diversity of unit types and features
- Property is comprised of two parcels totaling +-20,250 Square Feet
- Pride of ownership property in same family ownership for many years
- Rare opportunity to acquire 13 charming units 3.5 blocks from University Avenue
Property Facts
| No. Units | 13 | Lot Size | 0.46 AC |
| Property Type | Multifamily | Building Size | 9,444 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1894 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Zoning | RM-30 | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 9,444 SF |
| No. Stories | 3 |
| Year Built | 1894 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | RM-30 |
Amenities
Site Amenities
- Laundry Facilities
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,835 | - |
| 1+1 | 6 | $2,181 | - |
| 2+1 | 4 | $2,615 | - |
| 3+2 | 1 | $3,695 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,110,739 | |
| Land Assessment | $6,332,224 | Total Assessment | $8,442,963 |
Property Taxes
Parcel Numbers
Land Assessment
$6,332,224
Improvements Assessment
$2,110,739
Total Assessment
$8,442,963
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