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827 University Ave
Palo Alto, CA 94301 Crescent Park

$5,200,000 USD

Apartments For Sale  •  5,321 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,300 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1955
  • Zoning RM30
47 Transit Score
81 Walk Score

Highlights

Prime Location: A rare seven-unit multifamily community located within walking distance to Downtown Palo Alto and Stanford University.
Historic Charm & Modern Living: The property features a beautifully converted 1900s mid-century mansion and five additional one-bedroom units.
Exceptional Value: Priced at $742,857 per unit, significantly below the average single-family home price of $4,230,865 within a mile.
Strong Investment Potential: A value-add property offering immediate cash flow and long-term capital growth in a high-demand market.

Public Transportation

Commuter RailDriveWalkDistance
Palo Alto (Caltrain - Caltrain (Caltrain)) 3 min 17 min 0.9 mi
Menlo Park (Caltrain - Caltrain (Caltrain)) 5 min - 1.9 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 22 min - 15.3 mi
San Francisco International 28 min - 19.7 mi
Metro Oakland International 40 min - 28.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Jimmy Castellanos 650-391-1777 Marcus & Millichap
Jimmy Castellanos 650-391-1777 Marcus & Millichap