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32824080
32824097

525 Hamilton Ave, Palo Alto, CA 94301

KG
CA 01812313
Coldwell Banker Menlo Park
Listed by Coldwell Banker Menlo Park
$3,198,000
12 days on market
Updated 1 day ago

525 Hamilton Ave

Details
APN 12003065
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,728
Units 6
Cap Rate 3.75%
NOI $119,895
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 4.14%
Pro-Forma NOI $132,291
Price per SqFt $1,172
Year Built 1898
Year Renovated 1912, 2025
Stories 2
Lot Size (SqFt) 5,775
Zoning CDC
Parking Spaces 3 spaces
Parking Per SqFt 1.10
Investment Type Stabilized
Ownership Trust
Sale Condition N/A

Multifamily | 6 Units | $533,000/unit

Marketing 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!

Investment highlights

525 Hamilton Avenue is a 6-unit multifamily community comprising 2,728 total square feet on a 5,775 square foot lot in Palo Alto, CA.

Community amenities include on-site laundry, dedicated parking, and attractively landscaped grounds that enhance resident appeal.

The neighborhood offers a walkable, amenity-rich environment with grocery, dining, fitness, and entertainment options that today's renters demand.

The 94301 zip code has experienced consistent year-over-year rent growth, outperforming the broader metro average and demonstrating strong submarket fundamentals.

The 6-unit scale provides operational efficiency while remaining below the institutional investor threshold, reducing competition from larger capital sources.

A balanced unit mix of studio, one-bedroom, and office floor plans appeals to a broad renter demographic in the Palo Alto market.

Proximity to major employers and transit ensures a deep renter pool, with the majority of residents employed in recession-resistant industries such as healthcare and education.

This acquisition represents a compelling risk-adjusted return, combining stable in-place cash flow with a proven value-add upside.

Listing Contacts

KG
CA 01812313
Coldwell Banker Menlo Park
Listed by Coldwell Banker Menlo Park

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,895.00
$9,991.25/mo

Valuation Metrics

0
DSCR
3.75%
Cap Rate
3.75%
ROI

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Additional Information

Name
Kelly Griggs
License
01812313
Brokerage
Coldwell Banker Realty
Brokerage Phone
6504641965
Title
Broker Associate
Brokerage Address
1155 Crane Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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