
Palo Alto, California 94306
Completed as new construction in 2025, this distinctive Palo Alto property presents a rare opportunity to own a modern, income-producing compound just moments from Stanford University and the vibrant California Avenue corridor. Fully leased to Stanford-affiliated tenants through June 15, 2027, the property generates approximately $22,000 per month ($264,000 in contracted annual rent)$16,000 from the main residence and $6,000 from the detached ADU. The approximately 2,608 sq. ft. main residence features 3 bedrooms, 2.5 baths, soaring ceilings, abundant natural light, white oak floors, a gourmet kitchen, loft office, and inviting indoor-outdoor living. The approximately 819 sq. ft. detached ADU offers 2 bedrooms, 1 bath, and its own private outdoor space. Location further enhances the property's rental appeal, with exceptional walkability to restaurants, cafés, the farmers market, shopping, banking, and everyday conveniences. Its proximity to Stanford University provides access to a strong and established tenant base, supporting sustained rental demand. A compelling combination of new construction, immediate income, flexible living arrangements, and an exceptional Stanford-area location.
Property is new construction or fully renovated.
Brand new construction completed in 2025. The property features a modern gourmet kitchen, white oak flooring, high-end contemporary finishes, and brand new systems in mint condition requiring no maintenance.
The property is fully leased to Stanford-affiliated tenants through June 2027, generating a substantial $22,000 in monthly contracted rent for immediate investment returns.
Situated moments from Stanford University and the California Avenue corridor, the property boasts an exceptional walkability score to high-end dining, shopping, and transit.
Completed in 2025, this contemporary compound features high-end finishes, including white oak floors and a gourmet kitchen, offering the benefits of modern energy efficiency and low maintenance.
Because the property is fully leased until mid-2027, it is not suitable for owner-occupants looking for immediate possession of the main residence or ADU.
The 5,240 sqft lot is relatively compact for two separate dwellings totaling over 3,400 sqft, which may limit private outdoor space and feel crowded to some buyers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,427 | 3,940 |
| Lot Size | 5,240 | 5,625 |
| Price | $5.60M | $3.61M |
| Price per sq ft | $1.6K | $916 |
| Built year | 2025 | 1904 |
| HOA | $0 | $0 |
| Days on market | 30 | 31 |
Sep 24, 2026
$5,600,000
Initial Listing
Apr 8, 2021
$2,350,000
Public Record