Property Details
About this Property
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 Listing Information
MLS #
ML81928079
MLS Source
MLSListings, Inc.
Interior Features
Cooling
Window/Wall Unit
Heating
Forced Air
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
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
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 7 | 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 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
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 $4,400,000 and was built in 1962. This address can also be written as 303 Sheridan Ave, Palo Alto, CA 94306.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Joel Hopman, (415) 722-2200
