- 3 beds
- – baths
- 2,274 sqft
- 5,000 sqft lot
- $1,424 per sqft
- 1910 build
- – on site
Just blocks from the heart of downtown Palo Alto, this well-maintained triplex offers a rare chance to build long-term wealth in one of the country's most desirable cities. The property includes three distinct units: a 1-bedroom/1-bath, a 2-bedroom/1.5-bath two-story, and a studio with a full bath, each offering its own appeal. The two larger units feature updated kitchens, while the studio provides an updated kitchenette and an efficient layout ideal for additional income. Whether you're an investor looking for strong cash flow, a savvy buyer planning to live in one unit while renting the others, or a first-time investor ready to get into the market, this property delivers outstanding flexibility and value. With University Avenue, Stanford, top-ranked schools, world-class dining and shopping, and major employers all nearby, this location checks all the boxes: immediate income, long-term upside, and endless potential.
Last checked:
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Last updated May 28, 2025
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MLS# 82008662 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1910
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Age:115
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Construction Type:Wood
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Style:Cottage
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Subclass:Triplex
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Roofing:Shingle
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Foundation:Concrete Perimeter
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# of Stories:2
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# of Units:3
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Special Features:Other
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Structure SqFt:2274
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Structure SqFt Source:Other
Interior
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Kitchen:Other
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Additional Rooms:Storage
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Flooring:Carpet, Hardwood, Laminate
Room Dimensions
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Living SqFt:2274
Location
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Cross Street:Homer Ave.
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City Limits:Yes
The Property
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Parcel Number:120-16-065
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Zoning:DHS
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Lot Acres:0.1148
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Lot Description:Grade - Mostly Level
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Lot Size Area Min:5000.00
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Available Views:None
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Horse Property:No
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Yard/Grounds:Back Yard
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:82008662
The Listing
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Additional Listing Info:Not Applicable
Heating & Cooling
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Cooling Methods:None
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Heating Methods:Wall Furnace
Utilities
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Utilities:Public Utilities
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Sewer/Septic System:Sewer - Public, Sewer in Street
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Water Source:Water On Site
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Meters:Separate Other
Appliances
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Laundry:Washer / Dryer, Washer/Dryer - Some Units
The Community
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HOA:No
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Pool:No
Parking
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Description and Access:Off-Street Parking, On Street
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Parking Spaces:1
Extra Units
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# of Buildings:1
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Unit 1 Full Bathrooms:1
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Unit 2 Full Bathrooms:1
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Unit 2 Half Bathrooms:1
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Unit 3 Full Bathrooms:1
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Unit 1 SqFt:756 Sqft
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Unit 2 SqFt:758 Sqft
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Unit 1 Bed:1
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Unit 3 SqFt:760 Sqft
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Unit 2 Beds:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/28/25
May 28, 2025
|
Listed / Active | MLSLISTINGS | $3,240,000 |