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$11,700,000

40 Days On Site

325 Hawthorne Avenue
Palo Alto, CA 94301

For Sale|Commercial Sale|Active
0

Beds
0

Full Baths
0

Partial Baths
9,665

SqFt
$1,211

/SqFt
1956

Built
County:
Santa Clara
Listed by Adam S. Levin of Marcus & Millichap [email protected]

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325 Hawthorne Avenue325 Hawthorne Avenue325 Hawthorne Avenue325 Hawthorne Avenue
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Hawthorne Apartments is a stunning apartment community located at 325-327 Hawthorne Ave, just two blocks away from Downtown Palo Alto. Situated on two contiguous parcels totaling 20,000 square feet, the subject property was originally constructed in 1956 and has a gross building area of approximately 9,665 square feet, offering its tenants beautifully-designed one-bedroom floor plans. Potential investors benefit from the stability of a five-year lease, secured by a corporate tenant for select units. Tenants benefit from their prime location, being walking distance from Downtown Palo Alto, Stanford benefit, and Stanford Shopping Center, all situated in a dynamic area with convenient access to public transportation, parks, and a variety of local amenities. Additionally, the Palo Alto Caltrain station is just a short walk away (0.5mi), providing connectivity to the rest of the Bay Area. Hawthorne Apartments is well-positioned in one of the Bay Areas most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of Top 100 Best Places to Live in America.

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Listing Snapshot
Price 
$11,700,000
Days On Site 
40 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,665 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4591 Acres
Year Built 
1956
MLS® Number 
ML81997363
Status 
Active
Property Tax 
$139,601
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
yesterday Listing updated with changes from the MLS®
2 days ago Price changed to $11,700,000
a month ago Listing first seen on site
General Features
Acres 
0.4591
Parking Spaces 
7
Special Circumstances 
Standard
SqFt Total 
9665
Water Source 
Public
Zoning 
RM20
Interior Features
Cooling 
Heating 
Wall Furnace
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Exterior Features
Roof 
Shingle
Community Features
MLS Area 
699 – Not Defined
School District 
Palo Alto Unified
Schools
School District

Palo Alto Unified
Elementary School

Unknown
Middle School

Unknown
High School

Unknown

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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore

Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.

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