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$ 2,988,000
Est. payment | /mo
3,371 SqFt
$ 2,988,000
Est. payment | /mo
3,371 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,371 sqft
Price per Sqft $886
MLS Listing ID ML82052706
HOA Y/N No
Year Built 1970
Lot Size 7,500 Sqft
Property Sub-Type Triplex
Property Description
103 Tennyson Ave is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 7,500 square foot parcel, the subject property was originally constructed in 1970 and features approximately 3,371 square feet of gross building area, offering beautifully designed two-bedroom floor plans. The property consists of one flat and two townhome-style units, each with private detached garage parking and its own private patio or deck. Ideally positioned within walking distance of Stanford University, 103 Tennyson Ave benefits from Palo Alto's exceptionally strong rental market, high demand, and premium rental rates. Known for its historic neighborhoods, vibrant shopping, dining, entertainment, and cultural attractions, Palo Alto was recently ranked #6 on Livability's "Top 100 Best Places to Live" in America. The investment appeal is further strengthened by the city's strong employment base, low vacancy rates, and prime Silicon Valley location, providing residents with convenient access to prestigious schools, major employers, and an abundance of lifestyle amenities.
Location
State CA
County Santa Clara
Zoning RM2
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Palo Alto Unified
Others
Tax ID 12417077
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Listed by Adam S. Levin • Marcus & Millichap
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