303 Sheridan Avenue
303 Sheridan Avenue
$4,400,000
—
6,704
6,704
$656
Sold 6/29/23
Description
303 Sheridan Avenue is an attractive 7-unit apartment building located in the desirable Evergreen Park submarket of Palo Alto. The property boasts an incredible unit mix of (2) 2+2; (1) 2+1.5TH and (4) 2+1. The oversized units range from 850 sq. ft. to 1,005 sq. ft. and benefit from either a private patio or balcony, updates to kitchens and baths (select units) including dishwashers (6 units) and disposals, forced air heat, individual water heaters, carport parking, and coin-op laundry facility (leased)....303 Sheridan Avenue is an attractive 7-unit apartment building located in the desirable Evergreen Park submarket of Palo Alto. The property boasts an incredible unit mix of (2) 2+2; (1) 2+1.5TH and (4) 2+1. The oversized units range from 850 sq. ft. to 1,005 sq. ft. and benefit from either a private patio or balcony, updates to kitchens and baths (select units) including dishwashers (6 units) and disposals, forced air heat, individual water heaters, carport parking, and coin-op laundry facility (leased). The property is located moments to quaint retail and restaurants of California Avenue, Stanford University and Shopping Center, Mayfield Playing Fields and Bowden Park, and is transit-oriented being a short walk to the California Avenue Caltrain station. 303 Sheridan feeds to the top public school district in California, specifically Escondido Elementary School, Greene Middle School, and Palo Alto High School. The property's financial performance could be improved through a combination of embedded rent increases and continued unit renovation program.
- Listed by Joel Hopman • DRE #01934574 • Brokerage DRE #00586119 • Newmark Cornish & Carey • 415-722-2200
Property Details for 303 Sheridan Avenue
MLS City Name
PALO ALTO
Building TypeOther
Garage Spaces0
Parking Spaces4
Cross StreetBirch Street
Location
LISTING UPDATED: 06/29/2023 08:58 PM
Property Details for 303 Sheridan Avenue
Status | Sold |
---|---|
MLS # | ML81928079 |
Days on Compass | 14 |
Taxes | $54,591 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1962 |
Lot Size | 0.29 AC / 12,820 SF |
County | Santa Clara County |
Location
Building Information for 303 Sheridan Avenue
Stories-Residences-Year Built1962Building Size-Lot Size0.29 AC / 12,820 SF
Payment Calculator
$28,562 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 303 Sheridan Avenue
Property History for 303 Sheridan Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 303 Sheridan Avenue
Taxable ValueLand$99,014Additions$179,632Total$278,646
Tax Record2023$4,394 ($366 / month)
Home Facts
Total Finished SqFt6,704 SqFtAbove Grade Finished SqFt6,704 SqFtStories2Lot Size13,064 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningRM5CountySANTA CLARAAPN132-36-075Fireplace TypeHas Fireplace
Schools near 303 Sheridan Avenue
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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