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
$11,500,000
Days On Site
2 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
ML82014665
Status
Active
Property Tax
$137,252
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Other
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Recent Activity
2 days ago
Listing updated with changes from the MLS®
3 days 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.
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