Home | Santa Clara County | Palo Alto | 94306 | 474 Matadero Ave
MLS: ML81994098 | Status: Sold | Price: $2,700,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,186 | 5,227 | 1950 |
474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,397 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood.
| Field | Value |
|---|---|
| MLS # | ML81994098 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Flooring | Laminate |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Wood |
| Foundation | Wood Frame |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Garage: 0 Car(s) |
| Elementary District | Palo Alto Unified |
| High School District | Palo Alto Unified |
| Sewer | Public Sewer |
| Zoning | RM4 |
Philip Batlin
Marcus & Millichap
License #: 01873218
Phone: (415) 625-2189
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 800 | 1 | 1/0 | $2,700 |
| 2 | 800 | 1 | 1/0 | $2,995 |
| 3 | 800 | 1 | 1/0 | $2,600 |
| 4 | 797 | 1 | 1/0 | $2,500 |
School data provided by GreatSchools.org
©2026 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 January 30, 2026. For the most current information, please contact Philip Batlin, (415) 625-2189.