2050 Williams Street

Palo Alto, CA 94306

$4,790,000
Price
Beds
2,870 Sq. Ft.
$1,669 / Sq. Ft.
2,870
Sq. Ft.
$1,669
per Sq. Ft.

Description

Improved price! Fully renovated 3 units apartment building like new! Located in College Terrace, a highly desirable neighborhood right across from Stanford campus. $1M dollar completed remodeled in 2022 inside and out. 2050 front unit with 2BR/1BA is fully renovated a detached single story unit with vaulted ceiling, new roof, new walls, large windows overlooking at the front lawn patio, new kitchen, new bathrooms, new flooring, new furnace, new A/C, laundry in unit. BACK building has two-story units...Improved price! Fully renovated 3 units apartment building like new! Located in College Terrace, a highly desirable neighborhood right across from Stanford campus. $1M dollar completed remodeled in 2022 inside and out. 2050 front unit with 2BR/1BA is fully renovated a detached single story unit with vaulted ceiling, new roof, new walls, large windows overlooking at the front lawn patio, new kitchen, new bathrooms, new flooring, new furnace, new A/C, laundry in unit. BACK building has two-story units up and lower with fully renovations: 2 BR/1 BA each. All units are two bedroom with laundry in unit and designated storage room, 3 carports with 2 covered, EV charging. New paved driveway and newly landscaped. Newly furnished backyard terrace. New deck, new railings, laundry in each unit, designated storage rooms. New sewer line. TWO buildings connected by carport structure w/storage units. Near large beautiful parks, library, Stanford Research Park, California Ave businesses shops, year round farmer's market, CalTrain, and transportation routes - one of Palo Alto's strongest rental locations on the Peninsula! All 3 units are rented out. Professional tenants occupied. Air bnb ok. Excellent Palo Alto schools. Walking distance to Escondido school, near Greene Middle and Palo Alto High.

Listing Agent

  1. Carol Li

    Carol Li

    Listing Agent

    Compass

    DRE #01227755

    carol.li@compass.com

    P: 650.281.8368

Property Details for 2050 Williams Street

MLS City Name
PALO ALTO
Building Type
TRIPLEX
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Compass, Carol Li, DRE #01227755
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LISTING UPDATED: 04/09/2024 11:58 AM

Property Details for 2050 Williams Street

StatusActive
MLS #ML81950871
Days on Compass99
Taxes$42,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1960
Lot Size0.15 AC / 6,350 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Carol Li, DRE #01227755
Add your commute

Virtual Tour

Building Information for 2050 Williams Street

Stories2Residences3Year Built1960Building Size-Lot Size0.15 AC / 6,350 SF

Payment Calculator

$29,641 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,141

Property Taxes

$3,500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2050 Williams Street

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric
Features
  • Amenities: High Ceiling, Vaulted Ceiling
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Laundry: Washer / Dryer
  • Living SqFt: 2870
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: Central AC
  • Heating: Forced Air
  • Meters: Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Carport, Off-Street Parking, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: College
  • Roof: Composition
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 2050
  • Street Name: Williams
  • Street Suffix: Street
  • Area ID: 236
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 3
  • Structure SqFt: 2870
  • Structure SqFt Source: Other
  • Age: 64
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • Parcel Number: 137-02-061
  • County Name: Santa Clara
  • City Name: PALO ALTO
  • City Postal ID: 46
  • Postal Code: 94306
  • Elementary School: 313
  • Elementary School District: 481
  • Middle School Text: Frank S. Greene Middle
  • High School District Text: Palo Alto Unified
  • High School Text: Palo Alto High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $42,000
  • Building Unit Total: 3
  • Capitalization Rate: 2.69
  • Tenant Expenses: Other
  • Income Includes: None
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $2,950
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $44,950
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities
  • Gross Rent Multiplier: 26.17
  • Income Annual Gross: $173,850
  • Income Annual Rental: $183,000
  • Income Gross Scheduled: $183,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $6,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 945
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $4,400
Unit 3 Information
  • Unit 3 Approx Square Footage: 945
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $6,500
Unit Type 1
  • Unit Type1 Approx SqFt: 960

Property History for 2050 Williams Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2050 Williams Street

Taxable ValueLand$2,913,120Additions$263,484Total$3,176,604
Home Facts
Total Finished SqFt950 SqFtAbove Grade Finished SqFt950 SqFtStories1Lot Size6,250 SqFtStyleTriplexYear Built1960ZoningR3CountySANTA CLARAAPN137-02-061Fireplace TypeHas Fireplace

Schools near 2050 Williams Street

This home is within Palo Alto Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Escondido Elementary School
PublicK to 5

Frank S. Greene Jr. Middle
Public6 to 8

Palo Alto High School
Public9 to 12

Ohlone Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2050 Williams Street is a multi-family home for sale in Palo Alto, CA 94306. This property was listed for sale on January 21, 2024 by Compass, it's currently listed at $4,790,000. It has been on the market for a total of 99 days and was last sold on March 3, 2021. This listing's school district is Palo Alto Unified School District. Nearby schools include Escondido Elementary School, Frank S. Greene Jr. Middle and Palo Alto High School. 2050 Williams Street is a 0-bed, 0-bath, 2,870 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Carol Li, DRE #01227755

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.