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251 Middlefield Road, Palo Alto, CA 94301

Commercial property · 2 recorded sales since 2012

251 Middlefield Road, Palo Alto, CA 94301 Sold May 2022 CRMLS
$8,000,000Sold May 2022

Listing Agent: Jennifer Buenrostro (DRE #01733750) · Listing Office: Compass · Contact: (650) 323-1111 · Bought with: Helen Chong · Haylen · MLS #ML81864732 · Source: CRMLS

5,939
Building Sq Ft
10,004 sqft
Lot Size
1915
Year Built
R1
Zoning
Commercial property
Type

How this sale compares

251 Middlefield Road sold for $8,000,000 in May 2022, 20% under its $9,988,000 list price, after 215 days on the market.

215
Days on market
−20%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

A state-of-the-art income producing asset nestled in the heart of Palo Alto. This property was completely remodeled in 2019 with no expense spared. Top-of-the-line materials, finishes, and appliances throughout. A total of 7 beautiful units and a large finished basement of 2,868 sf (not included in the living sf). Attractive landscaping, lovely curb appeal and attention to every detail starts on the exterior of the building and continues inside throughout all 7 units. The penthouse suite is over 2000 sf with three bedrooms plus a large office and two bathrooms, and the main first floor unit is over 1400 sf with two glorious master suites. Just a few blocks to Stanford University & downtown Palo Alto. Close access to many restaurants, cafes and parks as well as many High Tech companies, including HP, Google, Facebook, and Apple. Must see!

Listing description from the May 2022 sale, as reported to CRMLS.

Sale history

$8,000,000
Sold May 2022 · listed $9,988,000, on market September 2021, 215 days on market · MLS #ML81864732 · Source: CRMLS
Listing Agent: Jennifer Buenrostro · Listing Office: Compass · Contact: (650) 323-1111 · Bought with: Helen Chong · Haylen
$3,170,000
Sold November 2012 · listed $3,495,000, on market November 2012 · MLS #ML81241341 · Source: CRMLS
Listing Agent: Desiree Docktor · Listing Office: Compass · Contact: (650) 323-1111 · Bought with: Mike Rezaee · Intero Real Estate Services
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