Palo Alto, CA 94306,4185 Byron Street
Listed by Eymon Binesh • Marcus & Millichap
Bought with Eymon Binesh • Marcus & Millichap

$2,500,000

Est. payment /mo

$2,700,000

7.4%
Est.Price: ?

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4185 Byron Street Palo Alto, CA 94306

4,285 SqFt

SOLD DATE : 11/04/2024

Key Details

Sold Price $2,500,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,285 sqft

Price per Sqft $583

MLS Listing ID ML81979613

Sold Date 11/04/24

HOA Y/N No

Year Built 1958

Lot Size 0.281 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

4185 Byron St. represents a rare opportunity to acquire a 6-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. Originally built in 1958, the property is situated on a 12,222 square foot parcel of land with a gross building area of 4,285 square feet and features stunning one-bedroom floor plans, some with large private patios. Palo Alto was recently ranked #6 on the livability.com list of Top 100 Best Places to Live in America. The subject property offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within walking distance to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others. The investment appeal of this asset is driven by Palo Altos incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 4185 Byron St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Location

State CA

County Santa Clara

Interior

Heating Wall Furnace

Fireplace No

Laundry Coin Operated

Building

Water Public

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Bay East AOR and Contra Costa AOR
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Britney Luong

+1(510) 701-8850

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