$3500000 Price Analysis 318 Emerson StPalo Alto, CA 94301 6 bed 6 bath 3160 SqFt ($1107/SqFt) 5650SqFt lot. Built 1900 Listed 2024-06-29, Taxes $10319 | Ⓧ USDA Ineligible due to price & location near Palo Alto |
Right in the heart of Downtown Palo Alto. This fourplex is a true gem, offering a unique chance for savvy investors to dive into a prime piece of real estate. The property boasts an impressive configuration of (2) 2 bed 2 bath and (2) 1 bed 1 bath units. Additional features include three garage spaces that are currently being leased as storage with the potential to be converted into ADU, a back courtyard, a long driveway and an on-site washer/dryer. With a big 3, 160 square feet of living space on a 0.13-acre lot. What makes 318 Emerson St truly stand out is its unbeatable location!
Just a stone's thrw from Downtown Palo Alto, you'll be within walking distance of top-rated restaurants, trendy shops and the iconic Stanford Theater. Plus, it's less than a mile from the world-renowned Stanford University and the Stanford Shopping Center. This isn't a property; it's a gateway to the best of Palo Alto living. Investors will love the consistent and high rental demand, the modern touches in a historical setting and the proximity to key amenities and landmarks. One unit is currently vacant. Potential seller financing is available.
Presented by Ray Rodriguez at
COMPASS.
Property MLS #ML81971494 from MLSListings
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $385090 + $397615 $782705 | $10319 |
2021 | $377540 + $389819 $767359 | $10115 |
2020 | $373669 + $385822 $759491 | $9920 |
2019 | $366343 + $378257 $744600 | $9807 |
2018 | $359160 + $370841 $730001 | $9553 |
2017 | $352118 + $363570 $715688 | $9385 |
2016 | $345214 + $356442 $701656 | $9135 |
2015 | $340029 + $351088 $691117 | $9031 |
2014 | $333369 + $344211 $677580 | $8781 |
2013 | $331863 + $342656 $674519 | $8760 |
2012 | $325356 + $335938 $661294 | $8606 |
2010 | $318977 + $329351 $648328 | $8111 |
2009 | $317347 + $327667 $645014 | $7936 |
2009 | $316594 + $326890 $643484 | $7936 |
2008 | $311125 + $321243 $632368 | $7555 |
2007 | $305025 + $314945 $619970 | $7436 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.