$2,500,000

2735 Byron Street, Palo Alto, CA 94306

  • 3,263 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon6,900sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $766/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Positioned on a desirable cul-de-sac in Palo Alto's Midtown neighborhood, this well-located multifamily asset offers a rare opportunity to own in one of Silicon Valley's most sought-after rental markets. The property consists of 4 residential units with a marketable mix of (1) 3BD/2BA owner's unit, (2) 1BD/1BA units, and (1) studio, along with a coin-operated laundry facility providing additional income. Tenants enjoy convenient access to Downtown Palo Alto's dining, retail, nightlife, and cultural amenities, while remaining less than two miles from Stanford University and the city's core. The building encompasses approximately 3,263 SF on a 6,899 SF lot. Parking is above average for the submarket, featuring four tuck-under parking spaces, all assigned to tenants. Recent improvements include dual-pane windows, a newer roof installed in 2011, and a repaved driveway completed in 2021. The property is in the process of upgrading mail and electrical sub-panels. Units retain original hardwood floors, kitchen cabinetry, and countertops, offering value-add potential. Unit 2735 is a 3BD/2BA owners unit featuring a private patio, spacious living area, and forced-air heating. Current ownership pays water, trash, and sewer; new ownership may explore implementing RUBS to enhance income.

Listing Status:
Pending
Date Added:
January 9, 2026
Data Last Updated:
February 5, 2026 at 10:19PM
Listing Office:
Compass : (415) 345-3000
Listing Agent:
Tony Zizzo : 650-770-8356
MLS ID:
ML82030788
  • Appliances: RefrigeratorVented Exhaust Fan
  • Flooring: CarpetWood
  • A/C:
  • Heating: Wall Furnace
  • Disability Feature: Other
  • Parking: CarportParking spaces: 0
  • Roofing: FlatShingle
  • General: 2Concrete Perimeter
  • Originating MLS: CRMLS_MLSL
  • School District: Palo Alto Unified
  • County: Santa Clara
  • Zoning: RM313255025
  • Sewer: Private Sewer
  • Source: CRMLS_MLSL

Presented by Veterans United Realty

This listing courtesy of Tony Zizzo , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

El Carmelo Elementary School

3024 Bryant St, Palo Alto, CA, 94306

Grades KG-5

0.47 miles away

F

Frank S. Greene Jr Middle School

750 N CA Ave, Palo Alto, CA, 94303

Grades 6-8

0.55 miles away

P

Palo Alto High School

50 Embarcadero Rd, Palo Alto, CA, 94301

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.