474-480 Matadero Avenue 474-480 Matadero Ave

We are pleased to present 474 Matadero Ave, a meticulously maintained 4-unit multifamily property in the vibrant heart of Palo Alto. Each of the four units features a spacious one-bedroom layout. With a building size of 3,185 square feet and a lot size of 5,227 square feet, there is ample room for tenants to enjoy. Two units have been recently and extensively renovated, offering a contemporary feel and the option to convert them into two-bedroom units for increased rental income. Additionally, parking space for all units provides convenient access and adds to the property's overall appeal. The property includes a range of capital improvements, such as new dual-pane windows for greater energy efficiency, updated electrical systems for modern convenience, and tankless water heaters in select units. All units also feature in-unit laundry facilities, further adding to the comfort and convenience for residents. Situated in a premier location, just steps from Downtown Palo Alto and Stanford University, this property offers exceptional proximity to top rated schools, vibrant shopping and dining areas, and major tech campuses. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood. The well-manicured landscaping and tranquil surroundings further contribute to the property’s charm. Don’t miss the chance to own this outstanding asset in one of Palo Alto’s most desirable locations. Whether you're looking to expand your investment portfolio or secure a residence with significant income potential, 474 Matadero Ave presents an opportunity not to be overlooked.