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Six-Unit Multifamily on Adjacent Parcels
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2106 Williams Street, Palo Alto, CA 94306

Acquire two neighboring multifamily properties totaling six units in Palo Alto’s College Terrace neighborhood.

Property Size4,138 SF
Price / SF$1,205
Days on Market56

Property Features for 2106 Williams Street

General Information

Standard status Active
Size 4,138 SF
Property subtype Multifamily
Zoning RMD (NP)
Occupancy 100%
Investment Type Value Add
Net Operating Income $121,974

Additional Details

Multifamily Units 6

Building Details

Year Built 1955
Buildings 2
Units 7
Tenancy Multi
Listing Agency: Compass Commercial
Listed By: Bryan Danforth · License #CA 01789680
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 12 at 10:54AM

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 Compass Commercial

Investment Insights

Based on property information with market context.

This offering includes two apartment properties located on neighboring parcels, with a total of six units combined. The asset is classified as multifamily residential income property and is positioned as a straightforward way to own multiple dwellings within a single consolidated acquisition.

The properties are located in Palo Alto, specifically in the College Terrace neighborhood. With the parcels described as neighboring, the configuration supports a cohesive ownership structure across the two properties rather than a single standalone site.

For buyers seeking a small-to-mid sized multifamily holding, this combination of two neighboring parcels and six total units provides a practical ownership footprint. Because the listing presents the unit count and adjacency as the core details, interested buyers and brokers can evaluate the opportunity based on how the six units across two properties align with their operating model and management preferences.

Key Highlights

  • Two neighboring multifamily properties on Williams Street totaling 6 units
  • Year built: 1955

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Storage Facility Plumbing Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,395
Businesses Nearby

Demographics for 94306, CA

28,659
Population
11,853
Households
2.4
Avg Household Size
41
Median Age
81%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
6,990
Density / Sq Mi
$186,479
Median Household Income
$112,500
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Acquire two neighboring multifamily properties totaling six units in Palo Alto’s College Terrace neighborhood.
Where is this apartment building located?
The property is located at 2106 Williams Street Palo Alto, CA.
What is the asking price?
The asking price for this property is $4,990,000.
What are key features of this property?
This property features: Two neighboring multifamily properties on Williams Street totaling 6 units; Year built: 1955
(650) 274-5227 Call to check price and availability
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