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About the Listing ML39857 - ML480045
* Nestled in the heart of Downtown Palo Alto University South, one of Palo Altos most desirable neighborhood and a few minutes away from Palo Alto CALTrain station. * The property presents a rare opportunity to own a 14-unit multi-family property offering both strong income and long-term growth potential. * Built in 1961 on an expansive 17,500 sqft (0.40 acre) lot, this 2-story building features approximately12,830 sqft of living area, (740-1100 sqft per unit, buyer to verify square footage). * All the units have 3-4 sided independent walls & balconies, granite slab, newer appliances and fixtures. Most have dishwasher, washer and dryer in unit. * The property's beautifully landscaped grounds are a standout feature with a variety of mature fruit trees & a peaceful garden courtyard that creates a serene atmosphere for residents. * The 1- & 2-bed apartments' actual rents ($2,900 -$5,100/mo) in one of the regions strongest rental markets. * 11 units were remodeled in 2022-2023 and the rest of 3 units were updated approximately 10 years ago. * Roof, gutter, furnaces, windows, hot water heaters, circulator etc. were replaced over the years of ownership. * Ample off-street permitted parking & on-site laundry facilities. * Deck, property & termite reports available. * An A+ property.
Listing Highlights for 837 Cowper St
Interior Details
- Bedrooms: 5
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Carpet,Laminate,Stone,Tile,Wood
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: RM20
- Roof: Composition,Shingle
- Others: Concrete
- Sewer: Public Sewer
- Parking Features: Covered,Carport,Off Street
Financial Details
- Tax Amount: $137,500
- Taxes w/Assessments: N/A
- Tax/Property ID: 120050300
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
837 Cowper St Palo Alto, CA 94301
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