412 Leland AVE
Palo Alto, CA 94306

  • 9 beds
  • – baths
  • 3,293 sqft
  • 4,792 sqft lot
  • $1,102 per sqft
  • 1910 build
  • on site

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408-412 Leland Ave is a stunning 5*-unit investment opportunity located across the street from the globally recognized Stanford University Campus in the thriving city of Palo Alto, California. Situated on a 5,000-square-foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 3,293 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. Additionally, investors have the opportunity to further increase cash flow through developing a two-bedroom two-bathroom ADU. 408-412 Leland Ave is well-positioned in one of the Bay Area's most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of "Top 100 Best Places to Live in America". The subject property offers renters closer proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Cloudera, Visa, Sony as well as many others.

MLSLISTINGS logo Listing courtesy of MLSLISTINGS / Cole Simpson / Marcus & Millichap

Last checked: Checking… • Last updated May 1, 2024 •

MLS# 81952083 —

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Sale history

Date Event Source Price % Change
1/22/24
BRIDGE $3,750,000

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Multifamily Sold on 3/14/2024

$3,631,750

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Listing provided by broker:

Cole Simpson

Marcus & Millichap

650-888-7696

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MLSLISTINGS logo Listing courtesy of Marcus & Millichap

MLSLISTINGS logo Listing Courtesy of: MLSLISTINGS, data current as of 08:38 on May 17.

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