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$ 8,500,000
Est. payment /mo
Active
251 Middlefield Road Palo Alto, CA 94301
4,440 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,440 sqft
Price per Sqft $1,914
MLS Listing ID ML82009484
HOA Y/N No
Year Built 1915
Lot Size 10,000 Sqft
Acres 0.23
Property Sub-Type Other
Property Description
Constructed in 1915 and masterfully reimagined in 2019, this iconic multifamily residence stands as a rare trophy property in one of Palo Altos most prestigious neighborhoods. With its blend of historic architecture and contemporary refinement, it is designed for those who value heritage, craftsmanship, and enduring quality. Interiors are finished with top-tier materials and fixtures, including stainless steel appliances, granite countertops, hardwood and tile flooring, vaulted ceilings, skylights, and double-pane windows. Each unit offers an elevated living experience with mini-split systems and select central heating for year-round comfort. Most units currently serve as corporate housing due to job opportunities in the area, offering consistent rental demand. A finished basement with private access, kitchenette, and bathroom provides value-add opportunities for additional income. A centralized laundry room adds convenience for residents and management. Professionally landscaped grounds are maintained daily, with an automated drip system. Near world-renowned institutions and employers, including Stanford, Google, Meta, and HP, this fully occupied property offers stability and prestige. This is more than a multifamily asset, it is an investment in architectural legacy.
Location
State CA
County Santa Clara
Zoning R1
Interior
Interior Features Updated Baths, Updated Kitchen
Heating Other
Flooring Laminate, Tile
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Handicap Access Other
Building
New Construction No
Others
Tax ID 00301076
Virtual Tour https://my.matterport.com/show/?m=84bptsdp3ig8ha9610sqta1tb
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Listed by Helen Chong • Real Brokerage Technologies