303 Sheridan Avenue is an attractive 7-unit apartment building located in the desirable Evergreen Park submarket of Palo Alto. The property boasts an incredible unit mix of (2) 2+2; (1) 2+1.5TH and (4) 2+1. The oversized units range from 850 sq. ft. to 1,005 sq. ft. and benefit from either a private patio or balcony, updates to kitchens and baths (select units) including dishwashers (6 units) and disposals, forced air heat, individual water heaters, carport parking, and coin-op laundry facility (leased). The property is located moments to quaint retail and restaurants of California Avenue, Stanford University and Shopping Center, Mayfield Playing Fields and Bowden Park, and is transit-oriented being a short walk to the California Avenue Caltrain station. 303 Sheridan feeds to the top public school district in California, specifically Escondido Elementary School, Greene Middle School, and Palo Alto High School. The property's financial performance could be improved through a combination of embedded rent increases and continued unit renovation program.
MLS #
ML81928079
MLS Source
MLSListings, Inc.
Cooling
Window/Wall Unit
Heating
Forced Air
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
RM5
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 7 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 1,005 | 2 | 2/0 | $2,600 | $3,100 | 2 |
2 | 925 | 2 | 1/1 | $2,900 | $2,900 | 1 |
3 | – | 2 | 1/0 | $2,450 | $2,600 | 4 |
303 Sheridan Ave is a Residential Income in Palo Alto, CA 94306. This 6,704 square foot property sits on a 0.294 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1962.
This address can also be written as 303 Sheridan Ave, Palo Alto, CA 94306.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of June 19, 2024. For the most current information, please contact Joel Hopman, (415) 722-2200