103 Tennyson Avenue, Palo Alto, CA, CA 94301
- $2,988,000
- 3,371
- SqFt
- List Price
- $2,988,000
- Status
- ACTIVE
- MLS#
- ML82052706
- County
- Santa Clara
- Year Built
- 1970
- Building Square Feet
- 3,371
- Square Feet
- 7,500
- Days on Market
- 30
- Property Type
- Multifamily
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.
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Additional Information
- Taxes
- $36,948
- Parcel Number
- 12417077
- Gross Scheduled Income
- $118,272
- Number of Buildings
- 1
- Heat
- Wall Furnace
- Cooling
- Yes
- Roof
- Composition
- Garage Spaces Total
- 3
- Carport Spaces
- 1
- Sewer
- Public Sewer
- Water
- Public
- School District
- Palo Alto Unified
Listing courtesy of Listing Agent: Adam S. Levin (alevin@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.