Investment Overview

Situated in the highly sought-after city of Palo Alto, 827 University Avenue presents an extraordinary opportunity to acquire a rare seven-unit multifamily community within walking distance to vibrant Downtown Palo Alto. This property is nestled in a prime location, offering easy access to world-class amenities, Stanford University, top-tier restaurants, shops, and cultural institutions. Commercial real estate opportunities in the University Avenue corridor are few and far between, making this acquisition an even more compelling investment for buyers seeking value in one of the most prestigious markets in the Bay Area. The property comprises a front-facing mansion built in the early 1900's, converted over the past sixty years into a duplex, and five additional one-bedroom units built in 1955. The front mansion includes a two-bedroom, one-bathroom unit and a three-bedroom, two-bathroom unit, each rich in character and offering tenants a unique living experience. In the back, the five one-bedroom units provide cozy, private living spaces. The property also offers six private garages, three private backyards, and multiple storage units, enhancing its appeal and functionality. At a listing price of $5,200,000, which equates to $742,857 per unit, this is a rare opportunity to acquire a property in Palo Alto at a fraction of the cost of local single-family homes. Within a one-mile radius of 817 University Avenue, the average price of single-family homes over the past year has been $4,230,865 (sourced through MLS), making the per-unit price of this multifamily property an exceptional value proposition. Priced well below the median home price in the area, this property presents a significant opportunity for value appreciation. It is an extremely rare, value-add investment that not only offers potential for immediate cash flow but also promises long-term capital growth and wealth preservation. With the limited availability of commercial real estate opportunities in the area, 817 University Avenue is poised to deliver exceptional returns for years to come, making it a highly attractive option for savvy investors seeking stability and growth in one of the most desirable locations in the United States.