Positioned on a desirable cul-de-sac in Palo Alto's Midtown neighborhood, this well-located multifamily asset offers a rare opportunity to own in one of Silicon Valley's most sought-after rental markets. The property consists of 4 residential units with a marketable mix of (1) 3BD/2BA owner's unit, (2) 1BD/1BA units, and (1) studio, along with a coin-operated laundry facility providing additional income. Tenants enjoy convenient access to Downtown Palo Alto's dining, retail, nightlife, and cultural amenities, while remaining less than two miles from Stanford University and the city's core. The building encompasses approximately 3,263 SF on a 6,899 SF lot. Parking is above average for the submarket, featuring four tuck-under parking spaces, all assigned to tenants. Recent improvements include dual-pane windows, a newer roof installed in 2011, and a repaved driveway completed in 2021. The property is in the process of upgrading mail and electrical sub-panels. Units retain original hardwood floors, kitchen cabinetry, and countertops, offering value-add potential. Unit 2735 is a 3BD/2BA owners unit featuring a private patio, spacious living area, and forced-air heating. Current ownership pays water, trash, and sewer; new ownership may explore implementing RUBS to enhance income.
MLS #
ML82030788
MLS Source
MLSListings, Inc.
Days on Site
1
Kitchen
Countertop - Formica, Exhaust Fan
Appliances
Exhaust Fan, Oven Range - Gas, Refrigerator
Flooring
Carpet, Hardwood
Laundry
Coin Operated
Cooling
Ceiling Fan, Other
Heating
Central Forced Air - Gas, Wall Furnace
Roof
Flat, Shingle
Foundation
Concrete Perimeter, Crawl Space
Garage/Parking
Carport, On Street, Garage: 0 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Private Sewer
Zoning
RM3
Listing Agent
Tony Zizzo
Compass
License #: 01962093
Phone: (650) 770-8356
Co-Listing Agent
Ray Rodriguez
Compass
License #: 01999734
Phone: (650) 405-0743
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 1 | 1/0 | $2,050 |
| 2 | – | 1 | 1/0 | $1,700 |
| 3 | – | 3 | 2/0 | $3,550 |
| 4 | – | 0 | 1/0 | $1,900 |
2735 Byron St is a Residential Income in Palo Alto, CA 94306. This 3,263 square foot property sits on a 6,899 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,500,000 and was built in 1953. This address can also be written as 2735 Byron St, Palo Alto, CA 94306.
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This listing information is up-to-date as of January 10, 2026. For the most current information, please contact Tony Zizzo, (650) 770-8356