14-Unit Apartment Building with
New
For Sale
$11,000,000
837 Cowper St, Palo Alto, CA 94301
Two-story multifamily property with updated interiors, landscaped grounds, resident laundry, and off-street permitted parking.
Property Size12,830 SF
Lot Size0.40 Acres
Price / SF$857.37
Days on Market3
Property Features for 837 Cowper St
General Information
Standard status
Active
Size
12,830 SF
Class
A+
Lot size
0.40 Acres
Property subtype
Investment
Additional Details
Public Transit
Yes
Multifamily Units
14
Taxes and HOA fees
Annual Taxes
$137,500
Amenities
balconies
landscaped grounds
garden courtyard
on-site laundry
dishwasher
washer and dryer in unit
Building Details
Building Size
12,830 SF
Year Built
1961
Buildings
1
Stories
2
Listing Agency:
(650) 888-4116
Listed By:
Monica Yeung Arima
(650) 888-4116
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 5:27AM
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 Monica Yeung Arima
Investment Insights
Based on property information with market context.
Located at 837 Cowper St in Palo Alto’s University South area, this 14-unit apartment building was constructed in 1961 and spans two stories. The property contains approximately 12,830 square feet of living area on a 17,500-square-foot lot, with unit sizes ranging from 740 to 1,100 square feet. Every apartment includes balconies and three- to four-sided independent walls. Interior features include granite slab surfaces and newer appliances and fixtures, while most units have in-unit dishwashers, washers, and dryers.
Eleven units were remodeled during 2022–2023, with the remaining three updated approximately 10 years ago. Capital improvements over the ownership period include the roof, gutters, furnaces, windows, hot water heaters, and circulator. The grounds include mature fruit trees and a garden courtyard, complemented by on-site laundry and ample off-street permitted parking.
The property is positioned in Downtown Palo Alto’s University South neighborhood, a few minutes from the Palo Alto CALTrain station. WalkScore is 87, BikeScore is 100, and TransitScore is 57.
Eleven units were remodeled during 2022–2023, with the remaining three updated approximately 10 years ago. Capital improvements over the ownership period include the roof, gutters, furnaces, windows, hot water heaters, and circulator. The grounds include mature fruit trees and a garden courtyard, complemented by on-site laundry and ample off-street permitted parking.
The property is positioned in Downtown Palo Alto’s University South neighborhood, a few minutes from the Palo Alto CALTrain station. WalkScore is 87, BikeScore is 100, and TransitScore is 57.
Key Highlights
- 14‑unit, two‑story apartment building at 837 Cowper St, Palo Alto, CA 94301
- Approximately 12,830 sqft of living area on a 17,500 sqft (0.40 acre) lot
- 11 units remodeled in 2022‑2023; 3 units updated approximately 10 years ago
Property Analytics
Current Use
Lease Details
14
Residential units
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 - Two-story multifamily property with updated interiors, landscaped grounds, resident laundry, and off-street permitted parking.
Where is this apartment building located?
The property is located at 837 Cowper St Palo Alto, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: 14‑unit, two‑story apartment building at 837 Cowper St, Palo Alto, CA 94301; Approximately 12,830 sqft of living area on a 17,500 sqft (0.40 acre) lot; 11 units remodeled in 2022‑2023; 3 units updated approximately 10 years ago
