OFFER DATE: Thursday, 2/5 at 1:00 PM Marcus & Millichap is pleased to present 813 Cowper Street, an eight-unit multifamily property located in the heart of Downtown Palo Alto. Built in 1956, the property consists of three well maintained buildings with a total of eight units, including five large one bedroom apartments and three two bedroom residences. The front duplex features a two bedroom unit and a one bedroom unit, offering a more residential feel compared to a typical apartment layout. In addition, the property includes a charming cottage style unit that provides added privacy and character. Each unit is equipped with an unit washer and dryer, an amenity that is both rare and highly desirable in this submarket, along with garage and carport parking. With single family home values in the 94301 ZIP code averaging approximately $5.3 million according to Zillow, the property offers investors a compelling opportunity to acquire durable income and long term downside protection in one of the most supply constrained markets in the country.
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Listing Snapshot
Price
$5,700,000
Days On Site
50 Days
Bedrooms
N/A
Inside Area (SqFt)
6,282 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.31 Acres
Year Built
1956
MLS® Number
ML82031929
Status
Pending
Property Tax
$69,410
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 weeks ago
Listing updated with changes from the MLS®
4 weeks ago
Status changed to Pending
2 months ago
Listing first seen on site
General Features
Acres
0.31
Attached Garage
Yes
Disclosures
Natural Hazard Disclosure
Foundation
Concrete Perimeter
Garage
Yes
Garage Spaces
3
Parking
AttachedCarportAssigned
Parking Spaces
3
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
6282
Style
Cottage
Water Source
Public
Zoning
RM3
Interior Features
Appliances
WasherWasher/Dryer
Cooling
Ceiling Fan(s)Central AirWall/Window Unit(s)
Heating
Forced Air
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Exterior Features
Construction Details
Frame
Pool Features
None
Roof
CompositionShingle
Community Features
School District
Palo Alto Unified
Schools
School District
Palo Alto Unified
Elementary School
Addison Elementary
Middle School
Frank S. Greene Middle
High School
Palo Alto High
Listed by of Jimmy Castellanos of Marcus & Millichap (408) 483-5040
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Last checked: 2026-03-13 09:12 AM UTC
Neighborhood & Commute
Source: Walkscore
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