Description

Completed as new construction in 2025, this distinctive Palo Alto property presents a rare opportunity to own a modern, income-producing compound just moments from Stanford University and the vibrant California Avenue corridor. Fully leased to Stanford-affiliated tenants through June 15, 2027, the property generates approximately $22,000 per month ($264,000 in contracted annual rent)$16,000 from the main residence and $6,000 from the detached ADU. The approximately 2,608 sq. ft. main residence features 3 bedrooms, 2.5 baths, soaring ceilings, abundant natural light, white oak floors, a gourmet kitchen, loft office, and inviting indoor-outdoor living. The approximately 819 sq. ft. detached ADU offers 2 bedrooms, 1 bath, and its own private outdoor space. Location further enhances the property's rental appeal, with exceptional walkability to restaurants, cafés, the farmers market, shopping, banking, and everyday conveniences. Its proximity to Stanford University provides access to a strong and established tenant base, supporting sustained rental demand. A compelling combination of new construction, immediate income, flexible living arrangements, and an exceptional Stanford-area location.