Palo Alto Investment
For Sale
$4,495,000
643 Channing Avenue, Palo Alto, CA 94301
Turnkey investment property near downtown Palo Alto with income opportunity.
Property Size4,735 SF
Price / SF$949.31
Days on Market480
Property Features for 643 Channing Avenue
General Information
Standard status
Active
Size
4,735 SF
Building Details
Year Built
1926
Listing Agency:
GOLDEN GATE SOTHEBY'S INTERNATIONAL REALTY
Listed By:
THE DREYFUS GROUP
Source:
Corcoran
Added: May 10, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GOLDEN GATE SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
Channing Landing presents a turnkey investment opportunity near downtown Palo Alto. The main residence is a two-story home featuring four bedrooms and three bathrooms, with hardwood floors throughout and a kitchen. The property includes a private yard space. A driveway and carport provide six parking spaces. Located at the rear of the lot is a separate investment property consisting of four one-bedroom, one-bath apartments. Shared laundry facilities and a patio serve these units. The property is situated near Palo Alto schools, parks, shopping, restaurants, Stanford University, and Silicon Valley employers. The property size is 4735 square feet.
Key Highlights
- Prime location near downtown Palo Alto, Stanford University, top employers, and excellent schools.
- Turnkey investment property with both a main residence and four additional apartments.
- Main residence features 4 bedrooms and 3 bathrooms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,908
Businesses Nearby
Explore this area
Business Placement
Demographics for 94301, CA
17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey investment property near downtown Palo Alto with income opportunity.
Where is this apartment building located?
The property is located at 643 Channing Avenue Palo Alto, CA.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: Prime location near downtown Palo Alto, Stanford University, top employers, and excellent schools.; Turnkey investment property with both a main residence and four additional apartments.; Main residence features 4 bedrooms and 3 bathrooms.
