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523-529 Matadero Ave
Palo Alto, CA 94306
Multifamily Property For Sale · 8 Units

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.68 AC
Building Size 5,866 SF
No. Stories 2
Year Built 1952
Zoning RM-30

About 523-529 MATADERO AVE , PALO ALTO, CA 94306

Attractive 8 Unit apartment community located in the highly desirable Barron Park neighborhood of Palo Alto. Unit Mix: (6) 1 Bedroom 1 Bath, (2) Large 2 Bedroom 1 bath units each with a large private yard with one of these 2 Bedroom units having its own private laundry room off its yard. There is also a common laundry room. Features in some units include hardwood floors and dual pane windows. 6 of the 8 units are in a single story portion of the buildings. 4 of the 6 one bedroom units have two large private patios. All units have a garage parking space along with a tandem parking space. The 8 units are spread out in two four unit buildings on a large +- 15,000 square foot parcel. Quality Palo Alto schools. Adjacent fourplex at 525 Matadero Avenue and fouplex at 523 Matadero are also listed for sale by Keith Suddjian and Michelle Clark. Rare opportunity to acquire a quality apartment property in Barron Park. Buyer should verify all square footage figures.Seller & Agents are not representing the accuracy of square footage figures

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $3,288 976
1+1 6 $2,343 586 - 621

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 137-08-091
  • 137-08-092
  • 137-08-014
Land Assessment
$10,859,899
Improvements Assessment
$2,488,037
Total Assessment
$13,347,936
  • Listing ID: 17183840

  • Date on Market: 9/12/2019

  • Last Updated:

  • Address: 523-529 Matadero Ave, Palo Alto, CA 94306

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