2138 Wellesley Street

Palo Alto, CA 94306

$3,998,000
Last Sold Price
5
Beds
4
Baths
2,385 Sq. Ft.
$1,676 / Sq. Ft.
2,385
Sq. Ft.
$1,676
per Sq. Ft.

Description

Ideally located at the end of a quiet cul-de-sac in the wonderful College Terrace neighborhood, this outstanding four-unit building provides an exceptional investment and/or owner-occupied residence with multiple possibilities. Each of the four units include a full kitchen, living room and bathroom – allowing for excellent income potential. In addition, the front unit provides two bedrooms plus an attached garage with a washer/dryer – perfect for an owner occupant. Moreover, in its current configuration,...Ideally located at the end of a quiet cul-de-sac in the wonderful College Terrace neighborhood, this outstanding four-unit building provides an exceptional investment and/or owner-occupied residence with multiple possibilities. Each of the four units include a full kitchen, living room and bathroom – allowing for excellent income potential. In addition, the front unit provides two bedrooms plus an attached garage with a washer/dryer – perfect for an owner occupant. Moreover, in its current configuration, the front unit (#2138) and unit directly behind (#2144) are combined providing a total of three bedrooms and two baths. This allows for a sizable home and still maintain 2 other units for income.
Details and amenities of the property include:
- Unit 1 (#2138): Two beds, one bath, kitchen, living room, dining room, 765+/- sf plus patio and attached garage with laundry
- Unit 2 (#2140): One bed, one bath, kitchen, living room, and 535+/- sf
- Unit 3 (#2142): One bed, one bath, kitchen, living room 535+/- sf
- Unit 4 (#2144): One bed, one bath, kitchen, living room, 550+/- sf
- Hardwood floors, dual pane windows, and individual unit utilities
- New landscaping with lush lawn and irrigation
- One car garage, three carports, and 3 storage closets
- Additional storage sheds/patio space at the rear of the property
- Expansive level lot of 7,875+/- square feet
- Potential to sub-divide the lot (buyer to confirm with city of Palo Alto)
- Outstanding location near Cameron Park, Stanford University, dining and shopping on California Ave, El Camino Real, and downtown Palo Alto, plus easy access to highways 101 and 280
- Excellent Palo Alto schools: Escondido Elementary, Greene Middle & Palo Alto High (buyer to confirm)

Listing Agents

  1. Greg Celotti

    Greg Celotti

    Listing Agent

    Compass

    DRE #01360103

  2. Candi Athens

    Candi Athens

    Listing Agent

    Compass

    DRE #01973120

    candia@compass.com

    P: 650.504.2824

Amenities

  • Back Yard
  • Fourplex
  • Front Yard
  • Hardwood Floors
  • Patio

Location

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LISTING UPDATED: 02/06/2020 06:47 PM

Property Details for 2138 Wellesley Street

StatusSold
Days on Compass-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type-
Year Built1963
Lot Size0.18 AC / 7,875 SF
CountySanta Clara County

Location

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Building Information for 2138 Wellesley Street

Stories-Year Built1963Building Size-Lot Size0.18 AC / 7,875 SFSenior Community-Levels / Stories-Waterfront-Waterfront Features-

Payment Calculator

$22,027 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,819

Property Taxes

$208

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2138 Wellesley Street

Features
Room Information
  • Number of Full Bathrooms: 4
  • Number of Half Bathrooms: 0
Features
  • Living SqFt: 2385
Property Details
Property Details
  • Street Number: 2138
  • Street Name: Wellesley
  • Street Suffix: St
  • Area ID: 236
Lot / Property Details
Building Information
  • Age: 61
Location Information
  • County Name: Santa Clara
  • City Name: Palo Alto
  • City Postal ID: 46
  • Postal Code: 94306
Lot Information
  • Lot Acres: .18

Public Records for 2138 Wellesley Street

Taxable ValueLand$67,384Additions$64,747Total$132,131
Tax Record2018$2,495 ($208 / month)
Home Facts
Lot Size7,875 SqFtStyleDuplexYear Built1963Year Renovated1963ZoningR3CountySANTA CLARAAPN13702078

Schools near 2138 Wellesley 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.

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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.

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.