331 Poe Street $5,095,000


    331 Poe Street Palo Alto, CA 94301



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    • 5,843 sq. ft.
    • 0.21 Acres
    • Commercial Lease
    • MLS# 52355520
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    Views: 7 Days On Site: 82

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    Property Details

    Rarely available pride of ownership 7-unit opportunity in core downtown Palo Alto. This immaculately maintained property contains a large 3+2.5 owner's unit, (2) 2+1.5, and (4) 1+1 unit mix with 1:1 parking. 331 Poe features many amenities not typically found in asset of this size such as electric vehicle charging (each unit), a pool, oversized storage units, and a leasing office. Most apartments have updated kitchens and baths and plank flooring, stainless steel appliances, and dishwashers. The property is located moments to Stanford University, Shopping Center, and Health Care system, is transit-oriented being a short walk to the Palo Alto Caltrain station, and benefits from quaint retail and restaurants of University Avenue. 331 Poe feeds to the top public school district in California. Attractive assumable financing available: ~6 years remaining at 3.36%.

    • General Features
      • County Or Parish Santa Clara
      • Mlsarea Major Downtown Palo Alto
      • Property Sub Type Other
    • Building Features
      • Building Area Total 5843
      • Attached Garage Y/N false
      • Appliances Dishwasher, Refrigerator
      • Cooling Ceiling Fan(s)
      • Carport Y/N false
      • Building Area Units Square Feet
      • Year Built 1965
      • Sewer Public Sewer
      • Interior Features Updated Baths, Updated Kitchen
      • Heating Y/N true
      • Heating Forced Air, Wall Furnace
      • Garage Y/N false
      • Living Area 5,843
      • Living Area Units Square Feet
      • Property Type COMM RI MULTI-UNITS 5+
    • Property Features
      • Lot Size Acres 0.21
      • Parking Features Assigned
      • Water Source Public
      • Lot Size Area 0.21
      • Lot Size Square Feet 9001
      • Lot Size Units Acres



    94301 (Palo Alto) Demographics

    45 Median Age
    7,367 Population Density (per sq. mile)
    84% College Educated
    $169,270 Estimated Median Income
    3,873 Estimated Total Home Owners
    3,229 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    17,470 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $3,500,000 Median Sales Price
    22 Homes Sold
    29 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,095,000
        4/11/2023 7:47:11 AM Status Changed Source: Multiple Listing Service New Value: Pending
        3/8/2023 3:11:00 PM New in Database Source: Multiple Listing Service New Value: $5,095,000

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        MLS Logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/29/2023 6:19:34 PM PST .

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.