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Multifamily

474 Matadero Ave

474 Matadero Ave, Palo Alto, CA 94306

Listing Price: $3,198,000

Cap Rate
2.40%
Number of Units
4
GRM
24.97
Price/Unit
$799,500

Investment Overview

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. Some units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents.

Investment Highlights

  • Premier Location in the Thriving City of Palo Alto
  • Features (4) Large One-Bedroom with In-Unit Laundry
  • Two Out of Four Units Have Undergone Extensive Interior Renovation
  • Walking Distance to Stanford University and Downtown Palo Alto

Exclusively Listed By

Multifamily

474 Matadero Ave

Listing Price: $3,198,000

Cap Rate
2.40%
Number of Units
4
GRM
24.97
Price/Unit
$799,500

Investment Highlights

  • Premier Location in the Thriving City of Palo Alto
  • Features (4) Large One-Bedroom with In-Unit Laundry
  • Two Out of Four Units Have Undergone Extensive Interior Renovation
  • Walking Distance to Stanford University and Downtown Palo Alto

Investment Overview

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. Some units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents.

Exclusively Listed By

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