Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Executive Summary

A+++ Location half block to Stanford in the College Terrace Neighborhood, backing up to a 1+ acre park with direct access. Convert the carport into 2 new ADU units to make this a 4-plex property for HUGE income and property value increases! This property is offered individually, or also find our listing of the neighboring property at 2106 - 2112 Williams St (4-plex). Strong in-place income, attractive floor plans, private outdoor spaces, covered parking, and direct gated access to Cameron Park. Located just steps from Stanford University, Stanford Research Park, California Avenue, Caltrain, shopping, dining, and major employment centers, the property benefits from exceptional tenant demand.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,900,000
Price Per Unit $950,000
Sale Type Investment
Cap Rate 1.48%
Gross Rent Multiplier 32.99
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 840 SF
Average Occupancy 100%
No. Stories 1
Year Built 1955
Parking Ratio 3.57/1,000 SF
Zoning R3

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 $2,400 400 - 462
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
137-02-093
Land Assessment
$1,489,613
Improvements Assessment
$114,368
Total Assessment
$1,603,981
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 41098805

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 2120 Williams St, Palo Alto, CA 94306

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}