Active
818 Cowper ST
PALO ALTO CA, 94301
$3,980,000
$1,195.91 per sqft
Active
3,328 sqft
Multi-family
Built in 1903
Listed by Marcus & Millichap, Robert Johnston, Cole Simpson Listing Contact: 6503911744
818 Cowper St is a stunning 7-unit investment opportunity located in the thriving city of Palo Alto, California. Situated on a 6,550 square foot parcel of land, the subject property was originally constructed in 1903 and has a gross building area of approximately 3,328 square feet, offering its tenants beautifully designed one-bedroom floor plans. The subject property has recently undergone extensive interior capital improvements with select units featuring high-end finishes including in-unit washers & dryers, stainless steel appliances, quartz countertops, modern cabinetry, updated kitchens, vinyl floor planking and upgraded bathrooms. Additionally, investors have the opportunity to further increase cash flow through developing an ADU featuring two studio units. 818 Cowper St is well-positioned in one of the Bay Areas most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of Top 100 Best Places to Live in America.
ML81970597
MLSⓇ ID
June 21, 2024
Listed
August 23, 2024
Updated
Map
818 Cowper ST
PALO ALTO CA, 94301
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
School Information
School District
Palo Alto Unified
Other Property Details
Area Name
Downtown Palo Alto
Garage
No
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
RM3
Listing History
Date | Event | Price |
---|---|---|
8/13/2024 | Price change | $3,980,000 -8% |
Listed by Marcus & Millichap, Robert Johnston, Cole Simpson
Listing Contact: 6503911744
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Data last updated 10:53 AM UTC, 8/23/2024