$11,000,000

837 Cowper Street, Palo Alto CA, 94301

Price per sqft$857.37

Built in1961

Property size12,830 sqft

Property typeCommercial

Listed by Monica Yeung Arima CA DRE# 01185969 with Yarkin Realty 650-888-4116

Overview

Active

Listed Aug 20, 2026

Updated 38h ago

* Nestled in the heart of Downtown Palo Alto University South, one of Palo Altos most desirable neighborhood and a few minutes away from Palo Alto CALTrain station. * The property presents a rare opportunity to own a 14-unit multi-family property offering both strong income and long-term growth potential. * Built in 1961 on an expansive 17,500 sqft (0.40 acre) lot, this 2-story building features approximately12,830 sqft of living area, (740-1100 sqft per unit, buyer to verify square footage). * All the units have 3-4 sided independent walls & balconies, granite slab, newer appliances and fixtures. Most have dishwasher, washer and dryer in unit. * The property's beautifully landscaped grounds are a standout feature with a variety of mature fruit trees & a peaceful garden courtyard that creates a serene atmosphere for residents. * The 1- & 2-bed apartments' actual rents ($2,900 -$5,100/mo) in one of the regions strongest rental markets. * 11 units were remodeled in 2022-2023 and the rest of 3 units were updated approximately 10 years ago. * Roof, gutter, furnaces, windows, hot water heaters, circulator etc. were replaced over the years of ownership. * Ample off-street permitted parking & on-site laundry facilities. * Deck, property & termite reports available. * An A+ property.

Additional information

MLS^® ID: ML82056815

Interior Features

Bathrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.4 Acres

Other Property Details

Taxes: $137,500
Tax Frequency: Annually
Maintenance Expense: $3,799

Also listed on MLSLISTINGS

Listed by Monica Yeung Arima CA DRE# 01185969 with Yarkin Realty 650-888-4116

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/14/2026 at 2:07 PM UTC Last Checked: 2:07 PM UTC