
Palo Alto, California 94306
This duplex presents a High-Potential Investment Opportunity with a List Price of $2,300,000—positioned well below the $2,780,149 Fair Market Value by 17%. This valuation gap offers $480,149 in Instant Equity. Featuring a Condition Rating of 4, the property requires modernization to reach its full potential. The 9,584 sqft lot and top-tier school district (Palo Alto Unified) provide significant long-term value. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in a prime location.
Property is moderate renovation needed.
Built in 1939, the property is well-maintained but dated. While the bathroom shows minor cosmetic updates like newer vinyl flooring and a vanity, the overall fixtures, windows, and systems appear to be over 20 years old. It is functional and move-in ready for a tenant, but requires modernization to meet current market standards for Palo Alto.
Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Palo Alto High School (9/10).
Situated in desirable Midtown Palo Alto, the property feeds into world-class schools including Palo Alto High and JLS Middle, ensuring strong long-term value and high tenant demand.
The oversized 9,584 sqft lot is a rare find in Palo Alto, providing significant space for outdoor recreation, gardening, or potential future expansion and ADU development.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9584, other record lot size in square feet = 5700.
Originally built in 1939, the property may necessitate capital improvements or modernization of major systems to align with contemporary building codes and buyer expectations.
With only 1,729 total square feet divided between two units, the individual living spaces may feel constrained, particularly for the three-bedroom configuration.
2725-2729 Byron is a charming single-story duplex located in the desirable Midtown Palo Alto. The well-maintained and oversized units cater to owner occupiers, generational living, or investors alike. The property consists of (1) 3+1 and (1) 1+1 unit mix. The units feature laundry, individual water heaters, and attractively landscaped, large yards. The property benefits from close proximity to retail and restaurant amenities of California Avenue, Middlefield Road, and Stanford Shopping Center and recreation such as Mitchell Park & Field and Winter Lodge. The property feeds to world-class public schools and is nearby major transportation arteries and major Silicon Valley employers.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,729 | - |
| Lot Size | 5,700 | - |
| Price | $2.30M | $2.89M |
| Price per sq ft | $1.3K | $1.7K |
| Built year | 1939 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 48 |
Jul 13, 2026
$2,300,000
Initial Listing