525 Hamilton Avenue, Palo Alto, CA 94301
- $3,201,000
- Sold Price
- $3,201,000
- List Price
- $3,198,000
- Closing Date
- Jun 22, 2026
- Status
- CLOSED
- MLS#
- ML82045253
- Year Built
- 1898
- Lot Size
- 5,775
- Acres
- 0.13
- Days on Market
- 32
- Property Type
- Commercial
Property Description
A rare opportunity to acquire a charming, well-maintained six-unit multifamily property in the heart of Downtown Palo Alto. Assets of this character and caliber, in this location, simply do not come to market often. Situated in prime Downtown Palo Alto, 525 Hamilton Avenue offers investors the durable income of a fully leased building and long-term appreciation that define this irreplaceable market. This incredible six-plex provides a compelling investment in a market where land scarcity and exceptional tenant demand have historically driven consistently impressive values. Strong in-place rents with meaningful upside offer relative value that is increasingly difficult to find in this zip code. Steps from University Avenue, Stanford University, and the region's premier tech employers, this property has an unbeatable location. Don't miss!
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Additional Information
- Taxes
- $39,415
- Heat
- Electric
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Water
- Public
- School District
- Palo Alto Unified
- Elementary School
- Other
- Middle School
- Other
- High School
- Palo Alto
- Attached Structure
- Detached
- Gross Scheduled Income
- $190,122
Listing courtesy of Listing Agent: Kelly Griggs (kelly@mcnairgroup.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Annie Watson from Coldwell Banker Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.