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474-480 Margarita Ave
Palo Alto, CA 94306 Ventura

$2,550,000 USD

Apartments For Sale  •  3,044 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,044 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1950
  • Cap Rate 2.18 %
  • Zoning RM4
43 Transit Score
81 Walk Score

Highlights

Location in Palo Alto is benefit for Ownership
Property construction in the year made has benefits
Access to employment and San Francisco City and airport

Financial Summary (Actual)

Net Operating Income: $56,680 USD (2023)
Cap Rate: 2.18 %
Total Expenses: $31,400 USD

Public Transportation

Commuter RailDriveWalkDistance
California Avenue (Caltrain - Caltrain (Caltrain)) 3 min 20 min 1.1 mi
San Antonio (Caltrain - Caltrain (Caltrain)) 5 min - 2.4 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 22 min - 13.2 mi
San Francisco International 32 min - 23.1 mi
Metro Oakland International 45 min - 31.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ted LaScola 408-355-1519 Coldwell Banker
Ted LaScola 408-355-1519 Coldwell Banker