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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Adam S. Levin, DRE #01462752 • Marcus & Millichap

$ 10,500,000

Est. payment | -/mo

9,665 SqFt

Save

$ 10,500,000

Est. payment | -/mo

Save

9,665 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,665 sqft

Price per Sqft $1,086

MLS Listing ID ML82030530

Year Built 1956

Lot Size 0.459 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

Hawthorne Apartments is a well-located apartment community at 325327 Hawthorne Avenue, just two blocks from Downtown Palo Alto. Built in 1956 on two contiguous parcels totaling approximately 20,000 square feet, the property offers roughly 9,665 square feet of gross building area with thoughtfully designed one-bedroom floor plans, including the added stability of a five-year corporate lease for select units. Tenants benefit from a prime, walkable location near Downtown Palo Alto, Stanford University, Stanford Shopping Center, and the Palo Alto Caltrain station, with easy access to major tech employers, transportation, shopping, and dining. Situated in one of the Bay Areas most desirable citiesrecently ranked #6 Top 100 Best Places to Livethe propertys investment appeal is driven by Palo Altos strong employment base, low vacancy levels, and world-class Silicon Valley location.

Location

State CA

County Santa Clara

Area Downtown Palo Alto

Zoning RM20

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Attached Garage

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 120-12-020

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

327 Hawthorne AVE Palo Alto, CA 94301