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PRICE $12,800,000
BEDS 0
BATHS 0
HOME SIZE 23,213 sqft
LOT SIZE 28,785 sqft

CASA CAROLINA APARTMENTS - 24 UNITS IN PRIME PALO ALTO! First time on the market since being built in 1970. Incredible Unit Mix: (10) 2+2, (6) 2+1, (8) 1+1. Huge oversized units, all with private balcony or patio & yards. Lush landscaping with beautiful courtyard and swimming pool. Gated community with 34 subterranean tuck-under parking spaces and 4 ground-level open spaces. All copper plumbing and all units have dishwashers. 1/3 of the units have been fully renovated, 1/3 of the units have been moderately remodeled & 1/3 of the units are original offering significant add-value opportunity with continuing upgrades & increasing rents. On-site laundry facility and additional storage provides extra income. Ability to add 6 ADUs. Irreplaceable location less than a mile from California Avenue Business District & Caltrain Station with numerous shopping, dining & entertainment options. Less than a mile from the Stanford Research Park, home to 150+ companies comprised of a diverse and thriving community of employees & innovators. 1.5 miles from Stanford University. "Very Walkable" score of 81 and "Biker's Paradise" score of 100 and feeds into excellent Palo Alto school districts.

LAST UPDATED 7/2/2024 YEAR BUILT 1970
GARAGE SPACES 38.0 COUNTY Santa Clara
STATUS Pending PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
GARAGE Attached Garage, Yes
HEAT Electric
LOT 0.6608 acre(s)
LOT DIMENSIONS 28784.00
PARKING Attached
POOL Yes
POOL DESCRIPTION In Ground
SEWER Public Sewer
WATER Public
ZONING RM4
Listed by Matthew Thomson | 650-515-6555, Compass

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 7/18/24 6:27 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2024 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2024.


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