474 Matadero Avenue, Palo Alto, CA 94306
-
Listed Price :
$2,998,000
-
Beds :
N/A
-
Baths :
-
Property Size :
3,186 sqft
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Year Built :
1950
Property Description
474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,397 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Laminate |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
474 Matadero Avenue |
| City |
Palo Alto |
| State |
CA |
| Zip |
94306 |
| County |
Santa Clara |
| Listing Agent |
Philip Batlin DRE #01873218 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$2,998,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
3,186 |
| Lot Size |
5,227 |
| Year Built |
1950 |
Listing information courtesy of: Philip Batlin, Haili Wu, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 31st, 2024 at 4:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
