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2729 Byron St 2 Unit Apartment Building Offered at $2,300,000 Palo Alto, CA 94306
Investment Highlights
- Excellent unit mix: (1) 3+1; (1) 1+1 (In-unit laundry)
- Quiet residential neighborhood surrounded by multi-million-dollar homes
- ADU potential (detached carport replacement)
- Great for owner occupier, generational living, or investor alike
- Oversized units (1+1 +/- 796 SF and 3+1 +/- 1,066 SF) with functional floorplans
- Large yards and Detached carport parking
Executive Summary
2725-2729 Byron is a charming single-story duplex located in the desirable Midtown Palo Alto. The well-maintained and oversized units cater to owner occupiers, generational living, or investors alike. The property consists of (1) 3+1 and (1) 1+1 unit mix. The units feature laundry, individual water heaters, and attractively landscaped, large yards. The property benefits from close proximity to retail and restaurant amenities of California Avenue, Middlefield Road, and Stanford Shopping Center and recreation such as Mitchell Park & Field and Winter Lodge. The property feeds to world-class public schools and is nearby major transportation arteries and major Silicon Valley employers.
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 | $2,300,000 | Building Size | 1,729 SF |
| Price Per Unit | $1,150,000 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1939 |
| Property Type | Multifamily | Parking Ratio | 1.16/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | R2 | ||
| Price | $2,300,000 |
| Price Per Unit | $1,150,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.22 AC |
| Building Size | 1,729 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1939 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,679 | 796 |
| 3+1 | 1 | $4,079 | 1,066 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
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