412 Leland Ave, Palo Alto, CA 94306
SOLDMAR 14, 2024

412 Leland Ave
Palo Alto, CA 94306

Evergreen Park
  • 9 Beds
  • 6 Baths
  • 3,293 sqft
  • 9 Beds
  • 6 Baths
  • 3,293 sqft

$3,631,750

Last Sold: Mar 14, 2024
3% below list $3.75M
$1,103/sqft
Est. Refi. Payment $23,184/mo*

Homes for Sale Near 412 Leland Ave

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 14, 2024
408-412 Leland Ave is a stunning 5*-unit investment opportunity located across the street from the globally recognized Stanford University Campus in the thriving city of Palo Alto, California.
Situated on a 5,000-square-foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 3,293 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. Additionally, investors have the opportunity to further increase cash flow through developing a two-bedroom two-bathroom ADU.

408-412 Leland Ave is well-positioned in one of the Bay Area's 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".

The subject property offers renters closer proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Cloudera, Visa, Sony as well as many others.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$1,103/sqft
Listed
96 days ago

Home Details for 412 Leland Ave

Interior Features

Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 6
Dimensions and Layout
Living Area: 3293 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water Public
Heating & Cooling
Heating: Wall FurnaceAir Conditioning: NoneHeating Fuel: Wall Furnace
Gas & Electric
Gas: PublicUtilities
Windows, Doors, Floors & Walls
Door: None
Levels, Entrance, & Accessibility
Stories: 2Accessibility: None

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Wood Frame
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageParking Spaces: 2Parking: Attached,Off Street
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex,
Property Information
Included in Sale: Building, FurnishedSomeUnits, LandParcel Number: 12430042

Price & Status

Price
List Price: $3,750,000Price Per Sqft: $1,103/sqft

Active Status

MLS Status: Sold

Location

Direction & Address
City: PaloAlto
School Information
Elementary School District: PaloAltoUnifiedHigh School District: PaloAltoUnifiedWalk Score: 91

Building

Building Area
Building Area: 3293

Lot Information

Lot Area: 4792 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveAgency

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Lease Term: Month To Month

Miscellaneous

Mls Number: ML81952083
Last check for updates: 1 day ago
Listed by Cole Simpson 02016525, (650) 888-7696
Marcus & Millichap
Robert Johnston 01853816, (650) 391-1744
Marcus & Millichap
Bought with: Susan Sims 01408349, (650) 743-1838, The Agency
Source: MLSListings Inc, MLS#ML81952083

Price History for 412 Leland Ave

DatePriceEventSource
03/14/2024$3,631,750Sold
MLSListings Inc #ML81952083
03/14/2024$3,750,000PendingMLSListings Inc #ML81952083
01/22/2024$3,750,000Listed For SaleMLSListings Inc #ML81952083
12/30/2022$2,950,000Sold
N/A
07/09/2019$3,700,000Sold
MLSListings Inc #ML81756958
02/27/1998$440,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$35,833
Assessment$2,950,000
Home facts updated by county records

Comparable Sales for 412 Leland Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.31
Multi-Family Home
$3,100,000
06/19/23
-
3,353
0.55
Multi-Family Home
-
06/29/23
6
5
6,704
1.38
Multi-Family Home
$2,948,000
11/30/23
4
3
2,405
1.06
Multi-Family Home
$2,200,000
12/28/23
4
2
1,400
1.82
Multi-Family Home
$3,088,000
07/05/23
8
8
4,023
1.93
Multi-Family Home
$2,950,000
10/04/23
6
3
2,670
2.09
Multi-Family Home
$2,960,000
06/30/23
8
4
4,156

Assigned Schools

These are the assigned schools for 412 Leland Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Evergreen Park

  • Leah B.
    "Cal Ave farmers market, occasional cal Ave festivals, restaurants within walking distance, parks in walking distance. "
    0
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  • Warrenbeer
    "Wonderful walkable neighborhood, with a Sunday Farmer's Market, two small grocery stores, good restaurants, and interesting neighbors."
    2
    Flag

LGBTQ Local Legal Protections

Based on information from the MLSListings MLS as of 2024-04-27 02:44:48 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 412 Leland Ave

Off Market Homes Near 412 Leland Ave

412 Leland Ave, Palo Alto, CA 94306 is a 9 bedroom, 6 bathroom, 3,293 sqft multi-family built in 1910. 412 Leland Ave is located in Evergreen Park, Palo Alto. This property is not currently available for sale. 412 Leland Ave was last sold on Mar 14, 2024 for $3,631,750 (3% lower than the asking price of $3,750,000). The current Trulia Estimate for 412 Leland Ave is $3,700,000.