813 Cowper Street, PALO ALTO, CA 94301

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813 Cowper Street, PALO ALTO, CA 94301

(Pending)

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Listed by: Jimmy Castellanos - Marcus & Millichap

Pending

est.$5,700,000/month.

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beds. baths. 6,282 Sqft.

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Mortgage Broker

Ray Avanzino
Polaris Capital Partners
Ray@polariscappartners.com
(650) 576-6531
NMLS# 288504
Company NMLS# 01391664

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or Call Now: (650) 576-6531

813 Cowper Street, PALO ALTO, CA 94301

$5,700,000

Pending

est.$5,700,000/month.

Start My Approval

beds baths 6,282 Sq.ft.

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Property details for 813 Cowper Street, PALO ALTO, CA 94301

OFFER DATE: Thursday, 2/5 at 1:00 PM Marcus & Millichap is pleased to present 813 Cowper Street, an eight-unit multifamily property located in the heart of Downtown Palo Alto. Built in 1956, the property consists of three well maintained buildings with a total of eight units, including five large one bedroom apartments and three two bedroom residences. The front duplex features a two bedroom unit and a one bedroom unit, offering a more residential feel compared to a typical apartment layout. In addition, the property includes a charming cottage style unit that provides added privacy and character. Each unit is equipped with an unit washer and dryer, an amenity that is both rare and highly desirable in this submarket, along with garage and carport parking. With single family home values in the 94301 ZIP code averaging approximately $5.3 million according to Zillow, the property offers investors a compelling opportunity to acquire durable income and long term downside protection in one of the most supply constrained markets in the country.

Broker details: Marcus & Millichap

Listed by: Jimmy Castellanos
Co-listing Broker: Marcus & Millichap
Co-listing Agent: AJ Decristoforo