251 Middlefield RD, Palo Alto, CA 94301 - MLS#ML82009484

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Brooke Crossland

brooke@brookecrossland.com +1(510) 305-6450

Listed by Helen Chong • Real Brokerage Technologies

$8,500,000

Est. payment - /mo

4 Beds

5 Baths

4,440 SqFt

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,440 sqft

Price per Sqft $1,914

MLS Listing ID ML82009484

Bedrooms 4

Full Baths 5

Year Built 1915

Lot Size 10,000 Sqft

Property Sub-Type Five or More Units

Property Description

Constructed in 1915 and masterfully reimagined in 2019, this iconic multifamily residence stands as a rare trophy property in one of Palo Altos most prestigious neighborhoods. With its blend of historic architecture and contemporary refinement, it is designed for those who value heritage, craftsmanship, and enduring quality. Interiors are finished with top-tier materials and fixtures, including stainless steel appliances, granite countertops, hardwood and tile flooring, vaulted ceilings, skylights, and double-pane windows. Each unit offers an elevated living experience with mini-split systems and select central heating for year-round comfort. Most units currently serve as corporate housing due to job opportunities in the area, offering consistent rental demand. A finished basement with private access, kitchenette, and bathroom provides value-add opportunities for additional income. A centralized laundry room adds convenience for residents and management. Professionally landscaped grounds are maintained daily, with an automated drip system. Near world-renowned institutions and employers, including Stanford, Google, Meta, and HP, this fully occupied property offers stability and prestige. This is more than a multifamily asset, it is an investment in architectural legacy.

Location

State CA

County Santa Clara

Area Crescent Park

Zoning R1

Rooms

Other Rooms Basement - Finished, Storage

Kitchen Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator

Interior

Heating Forced Air, Other

Cooling Window / Wall Unit

Flooring Laminate, Tile, Travertine

Laundry Washer / Dryer

Exterior

Parking Features Assigned Spaces, Off-Site Parking, On Street

Community Features Common Utility Room, Community Security Gate

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 003-01-076

Security Features Other

Special Listing Condition Not Applicable

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Brooke Crossland

+1(510) 305-6450

Realtor | CA DRE#01375883

Realtor CA DRE#01375883

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251 Middlefield RD Palo Alto, CA 94301

Brooke Crossland

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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