$12,000,000Sold Price
23,213 Sqft
28,784 Sqft

3820 Park Boulevard, Palo Alto Ca 94306

  • Commercial Sale Property Type
  • 1970 Year Built
Property Description

CASA CAROLINA APARTMENTS – 24 UNITS IN PRIME PALO ALTO! First time on the market since being built in 1970. Incredible Unit Mix: (10) 2+2, (6) 2+1, (8) 1+1. Huge oversized units, all with private balcony or patio & yards. Lush landscaping with beautiful courtyard and swimming pool. Gated community with 34 subterranean tuck-under parking spaces and 4 ground-level open spaces. All copper plumbing and all units have dishwashers. 1/3 of the units have been fully renovated, 1/3 of the units have been moderately remodeled & 1/3 of the units are original offering significant add-value opportunity with continuing upgrades & increasing rents. On-site laundry facility and additional storage provides extra income. Ability to add 6 ADUs. Irreplaceable location less than a mile from California Avenue Business District & Caltrain Station with numerous shopping, dining & entertainment options. Less than a mile from the Stanford Research Park, home to 150+ companies comprised of a diverse and thriving community of employees & innovators. 1.5 miles from Stanford University. “Very Walkable” score of 81 and “Biker’s Paradise” score of 100 and feeds into excellent Palo Alto school districts.

Basic Details
Commercial Sale
Other
Sold
ML81969973
$12,800,000
14
23,213 Sqft
1970
28,784 Sqft
0.66 Acre
Closed
Features
: Electric
: None
Public Sewer
: Dishwasher, Refrigerator
: Hardwood, Tile
: Attached
: Composition Shingles
Address Map
CA
Santa Clara
Palo Alto
94306
Park Boulevard
3820
W123° 52' 15.7''
N37° 25' 12.3''
RM4
Additional Info
Compass
Matthew Thomson
matt.thomson@compass.com
Sold
Public
For Sale
Price History
08/01/2024
$12,000,000
06/17/2024
$12,800,000
$0
Listing Information
2024-08-02T10:22:19Z
Bryan Danforth
Compass
BayEast
MLL5100317
MLL38629
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    Agent info
    Subhash Kapur
    Realty++
    Rajesh Chenna
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    Realty++
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