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Multifamily Property with ADU
For Sale
$3,990,000

207 Hawthorne Avenue, Palo Alto, CA 94301

ResidentialIncome, PaloAlto, CA

Property Size3,142 SF
Lot Size0.15 Acres
Price / SF$1,269
Days on Market9

Property Features for 207 Hawthorne Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM3
Parking 3
Parking features Garage, On Street
Elementary school PaloAltoUnified
High school PaloAltoUnified
Elementary school district PaloAltoUnified
High school district PaloAltoUnified
Directions This property is located at the corner of Hawthorne Ave and Emerson St. From El Camino, go North on University Ave and turn left on Emerson St, drive 3 blocks to reach the property.
Subdivision DowntownPaloAlto
Standard status Active
APN 120-24-004
Size 3,142 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 18568

Utilities

Sewer type Public Sewer
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1902
Floors in Building 2
Roof type Composition
Listing Agency: Intero Real Estate Services
Listed By: Lynne Tran · License #01293229
Added: Oct 13 Changed: Oct 21 Last Checked: Oct 21 at 6:06AM
MLS# ML82064495

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,142-square-foot multifamily property spans a 0.1492-acre corner site at 171 Emerson St and 207 Hawthorne Ave. The Emerson Street residence has two bedrooms and two bathrooms. At the Hawthorne Avenue address, three existing units each contain one bedroom and one bathroom; a permit has been issued for an additional one-bedroom, one-bath ADU. The property was built in 1902 and is zoned RM3. Heating is provided by wall furnaces, cooling by wall units, and parking is on street.

The property is in downtown Palo Alto, near University Avenue restaurants, cafes, and boutiques, as well as the Stanford Theatre. Johnson Park, Palo Alto Caltrain, and Stanford University are also nearby.

Key Highlights

  • 3,142 square feet on a 0.1492‑acre corner parcel
  • Three existing 1‑bedroom, 1‑bath units at 207 Hawthorne Ave
  • Separate 2‑bedroom, 2‑bath residence at 171 Emerson St

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

6,390
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Separate living quarters and existing rentals are joined by an ADU permit already issued.
Where is this multifamily property located?
The property is located at 207 Hawthorne Avenue Palo Alto, CA.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: 3,142 square feet on a 0.1492‑acre corner parcel; Three existing 1‑bedroom, 1‑bath units at 207 Hawthorne Ave; Separate 2‑bedroom, 2‑bath residence at 171 Emerson St
More about this property
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