325 Hawthorne AVE new Save Request In-Person Tour Request Virtual Tour
Palo Alto,CA 94301
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,665 sqft
Price per Sqft $1,241
MLS Listing ID ML81997363
Bedrooms 1
Full Baths 1
Originating Board MLSListings, Inc.
Year Built 1956
Lot Size 0.459 Acres
Property Sub-Type Five or More Units
Property Description
Hawthorne Apartments is a stunning apartment community located at 325-327 Hawthorne Ave, just two blocks away from Downtown Palo Alto. Situated on two contiguous parcels totaling 20,000 square feet, the subject property was originally constructed in 1956 and has a gross building area of approximately 9,665 square feet, offering its tenants beautifully-designed one-bedroom floor plans. Potential investors benefit from the stability of a five-year lease, secured by a corporate tenant for select units. Tenants benefit from their prime location, being walking distance from Downtown Palo Alto, Stanford benefit, and Stanford Shopping Center, all situated in a dynamic area with convenient access to public transportation, parks, and a variety of local amenities. Additionally, the Palo Alto Caltrain station is just a short walk away (0.5mi), providing connectivity to the rest of the Bay Area. Hawthorne Apartments is well-positioned in one of the Bay Areas most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability.com list of Top 100 Best Places to Live in America.
Location
State CA
County Santa Clara
Area Downtown Palo Alto
Zoning RM20
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Exterior
Parking Features Attached Garage,Uncovered Parking
Utilities Available Individual Electric Meters,Individual Gas Meters
Roof Type Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Tax ID 120-12-021
Special Listing Condition Not Applicable