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Sold

665 Channing AVE

665 Channing AVE, Palo Alto, CA 94301

$3,500,000
Rare Opportunity to own investment property in heart of Downtown Palo Alto! Pride of Ownership Units in Prime Location! Turnkey, modern remodeled property with excellent tenant history. Walking distance to University Ave, Stanford University, Cal Train Station, Stanford Mall. All units remodeled in 2015. Hardwood floors, stainless steel appliances, new cabinets and counters. Very practical as turnkey investment property or pragmatic owner/user investment. Live in one unit and collect as much as $9,000 per month toward living expenses. Dedicated parking for each unit. Clean property and reports. Very rare for multi unit to be available in this highly desirable location!

3,270 Sq.Ft. LIVING AREA

0.11 Acres lot

Features & Amenities

Interior

  • Flooring Hardwood

Area & Lot

  • Status Sold
  • Living Area3,270 Sq.Ft.
  • Lot Area0.11 Acres
  • MLS IDML81758130
  • TypeMULTI_FAMILY
  • YEAR BUILT1957
  • Elementary SchoolAddison Elementary
  • High SchoolPalo Alto High
  • School DistrictPalo Alto Unified

Exterior

  • STORIES2
  • water SourceWater On Site
  • utilitiesIndividual Electric Meters, Individual Gas Meters
  • roofComposition
  • AIR CONDITIONINGCeiling Fan, Whole House / Attic Fan
  • sewerSewer Connected
  • security FeaturesSecurity Lights

Financial

  • Sales Price$3,500,000
  • Real Estate Tax $43,750
  • Maintenance Fee $2,400
  • Zoning RM2

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