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101-161 S California Ave - 117 S California Ave D201 1,530 SF Office Condo Unit Offered at $1,850,000 in Palo Alto, CA 94306
EXECUTIVE SUMMARY
Well-established commercial complex in Palo Alto. Just steps from the California Avenue Caltrain station, top restaurants, Molly Stone's grocery store, Stanford University, and Sand Hill Road, this property offers unmatched convenience.
PROPERTY FACTS
| Total Building Size | 25,600 SF | Floors | 4 |
| Property Type | Office (Condo) | Typical Floor Size | 6,400 SF |
| Property Subtype | Office/Residential | Year Built | 1984 |
| Building Class | B | Lot Size | 0.15 AC |
| Zoning | CC2RP - Neighborhood, Community, and Service Commercial | ||
| Total Building Size | 25,600 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 6,400 SF |
| Year Built | 1984 |
| Lot Size | 0.15 AC |
| Zoning | CC2RP - Neighborhood, Community, and Service Commercial |
1 UNIT AVAILABLE
Unit D201
| Unit Size | 1,530 SF | Cap Rate | 4.76% |
| Price | $1,850,000 | NOI | $88,000 |
| Price Per SF | $1,209.15 | No. Parking Spaces | 3 |
| Condo Use | Office | APN/Parcel ID | 124-37-032 |
| Sale Type | Investment or Owner User |
| Unit Size | 1,530 SF |
| Price | $1,850,000 |
| Price Per SF | $1,209.15 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.76% |
| NOI | $88,000 |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 124-37-032 |
DESCRIPTION
Noteworthy Highlights:
? Price Improvement!
? Seller Financing Available – Flexible terms for qualified buyers
? Delivered Vacant – Condo is currently leased but can be delivered vacant at close of escrow
? Concession for Layout Modifications/Demolition – Customize the space to fit your vision
Discover the perfect workspace in this centrally located office condo, situated within a well-established commercial complex in Palo Alto. Just steps from the California Avenue Caltrain station, top restaurants, Molly Stone's grocery store, Stanford University, and Sand Hill Road, this property offers unmatched convenience.
This second-floor 1,530 sq. ft. corner unit features a functional and adaptable layout designed for productivity. Upon entry, a welcoming waiting room leads to six private office suites, each equipped with a call-waiting button system for seamless client management. The unit also includes a kitchenette/coffee break area and a full bathroom.
Currently configured for private offices, ideal for psychotherapists, the flexible layout can easily be reconfigured to accommodate an open workspace or other professional needs. The Seller is open to offering a concession to assist with modifications, allowing you to customize the space to your exact specifications.
Don’t miss this unique opportunity to secure a versatile office space in one of Palo Alto’s most desirable locations. Contact us today for more details! Co-listed with Ryan Holland - Real Estate Experts.
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101-161 S California Ave - 117 S California Ave D201
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