Building Details

Building Size 3,799 SF

Year Built 1957

Listing Agency: Compass

Listed By: Tony Zizzo · License #CalDRE #01962093 Show Phone

Source: Compass-cre

Added: Jun 3 Changed: Sep 3 Last Checked: Sep 4 at 5:58AM

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Investment Insights

Based on property information with market context.

This property is a five-unit residential income building. It is being offered for sale as a multifamily asset.

The offering is located at 2965 Emerson St in Palo Alto, California.

Key Highlights

• Five‑unit apartment building in Palo Alto, CA
• Built in 1957

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility 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

5

Residential units

Location Intelligence

Trade Area within ½ mile

1,776

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Five-unit apartment building offered for sale in Palo Alto, CA.

Where is this apartment building located?

The property is located at 2965 Emerson St Palo Alto, CA.

What is the asking price?

The asking price for this property is $3,300,000.

What are key features of this property?

This property features: Five‑unit apartment building in Palo Alto, CA; Built in 1957