Middlefield Road

Palo Alto, CA 94301

$8,000,000
Last Sold Price
4
Beds
4
Baths
5,939 Sq. Ft.
$1,347 / Sq. Ft.
5,939
Sq. Ft.
$1,347
per Sq. Ft.

Description

A state-of-the-art income producing asset nestled in the heart of Palo Alto. This property was completely remodeled in 2019 with no expense spared. Top-of-the-line materials, finishes, and appliances throughout. A total of 7 beautiful units and a large finished basement of 2,868 sf (not included in the living sf). Attractive landscaping, lovely curb appeal and attention to every detail starts on the exterior of the building and continues inside throughout all 7 units. The penthouse suite is over...A state-of-the-art income producing asset nestled in the heart of Palo Alto. This property was completely remodeled in 2019 with no expense spared. Top-of-the-line materials, finishes, and appliances throughout. A total of 7 beautiful units and a large finished basement of 2,868 sf (not included in the living sf). Attractive landscaping, lovely curb appeal and attention to every detail starts on the exterior of the building and continues inside throughout all 7 units. The penthouse suite is over 2000 sf with three bedrooms plus a large office and two bathrooms, and the main first floor unit is over 1400 sf with two glorious master suites. Just a few blocks to Stanford University & downtown Palo Alto. Close access to many restaurants, cafes and parks as well as many High Tech companies, including HP, Google, Facebook, and Apple. Must see!

Listing Agent

  1. Jennifer Buenrostro

    Jennifer Buenrostro

    Listing Agent

    Compass

    DRE #01733750

Property Details for Middlefield Road

Parking Features
Street, Other
Zoning
R1
Total Parking Spaces
2

Location

Listing Courtesy of Compass, Jennifer Buenrostro, DRE #01733750

Sold By Haylen, Helen Chong, DRE #01700495

Add your commute
LISTING UPDATED: 05/21/2022 10:47 AM

Property Details for Middlefield Road

StatusClosed
MLS #81864732
Days on Compass215
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1915
Lot Size0.23 AC / 10,005 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Jennifer Buenrostro, DRE #01733750

Sold By Haylen, Helen Chong, DRE #01700495

Add your commute

Virtual Tour

Building Information for Middlefield Road

Stories-Year Built1915Building Size-Lot Size0.23 AC / 10,005 SF

Payment Calculator

$51,776 per month

30 year fixed, 7.25% Interest

Principal and Interest

$43,659

Property Taxes

$8,117

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Middlefield Road

Summary
Location and General Information
  • Area/District: Crescent Park
  • Area Short Display: 900239
  • Location Description: Crescent Park
Taxes and HOA Information
  • APN: 003-01-076
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
School Information
  • School District (County): Santa Clara
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 2.0
  • Parking: Street, Other
Virtual Tour
Property
Property and Assessments
  • Picture Count: 33
  • Elevation: 0
  • Disclosures/Documents: Natural Hazard Disclosure Available
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Other
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Foundation: Other
  • Stories: 0
  • Security Features: Other
  • Accessibility Features: Other
  • Roof: Composition, Shingle
Interior Features
  • Heating: Electric
  • Appliances: Free Standing Refrigerator, Free Standing Oven/Range
  • Cooling: MultiZone
  • Full Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 28.26
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 14296.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 7
  • # Of Units Total: 7
  • # Of Units Vacant: 0
  • # Of Units Leased: 5
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $2,150.00
  • Unit 1 Approx SqFt: 299.0
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Studio
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $2,800.00
  • Unit 2 Approx SqFt: 495.0
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $2,000.00
  • Unit 3 Approx SqFt: 392.0
  • Unit 3 # of Rooms: 0
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $3,000.00
  • Unit 4 Approx SqFt: 486.0
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Apartment
Rental
Rent Information
  • Lease Term: Month To Month
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Other

Property History for Middlefield Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for Middlefield Road

Taxable ValueLand$5,100,000Additions$3,060,000Total$8,160,000
Tax Record2023$97,398 ($8,117 / month)
Home Facts
Total Finished SqFt4,440 SqFtAbove Grade Finished SqFt4,440 SqFtStories2Lot Size10,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1915Year Renovated1960ZoningR1CountySANTA CLARAAPN003-01-076Fireplace TypeHas Fireplace

Schools near Middlefield Road

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
Addison 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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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, Jennifer Buenrostro, DRE #01733750

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.