$4,400,000

827 University AVE, Palo Alto CA, 94301

Price per sqft$698.41

Built in1955

Property size6,300 sqft

Property typeResidential

Overview

Sold

Listed Jan 8, 2025

Updated 10 days ago

RECENT $205K PRICE ADJUSTMENT! Introducing an extraordinary opportunity to acquire a rare seven-unit multifamily community within walking distance of vibrant Downtown Palo Alto. The property comprises a 1900s-era mansion, converted over the past sixty years into a duplex, and five additional one-bedroom units built in 1955. The front mansion includes a large two-bedroom, one-bathroom unit, and a large three-bedroom, two-bathroom unit, each rich in character and offering tenants a unique living experience. In the back, the five one-bedroom units provide cozy, private living spaces. The property also offers six private garages, three private backyards, and multiple storage units, enhancing its appeal and functionality. At a listing price of $4,995,000, which equates to $713,571 per unit, this is a rare opportunity to acquire residential units in Palo Alto at a fraction of the cost of local single-family homes.

Additional information

MLS^® ID: ML81989705

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.29 Acres

Other Property Details

Garage: Yes

Listed by Marcus & Millichap, Jimmy Castellanos DRE:02024152,
Listing Contact: 408-483-5040

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Data last updated 1:30 PM UTC, 9/28/2026