About 151 Colorado Avenue
Excellent opportunity in Palo Alto! Two Addresses. Prime serene corner location of a cul-de-sac ! Multiple Family Zoning. May rebuild a complex of multiple units. Great Opportunity to own an updated triplex in Palo Alto, live in one and receive rental income on other units. Perfect for corporate housing too. Beautiful ground level unit (2497 High Street) with front garden and bright and cheerful living room, plus a glass sliding door to a large side yard. Upgraded kitchen with stone counter and tiled backsplash. Two bedrooms one bath + office or 3rd bedroom with separate entry. Top floor has two units with high ceiling - Each with two bedrooms and one bath. All units have its own laundry machines, parking space and storage. New Foam Roof installed 2022. Wonderful quiet neighborhood. Walk to California Avenue eatery & shop hub. Coveted schools nearby. Enjoy Silicon Valley living!
Features of 151 Colorado Avenue
| MLS® # | ML82011769 |
|---|---|
| Price | $2,999,888 |
| Bedrooms | 6 |
| Square Footage | 2,222 |
| Acres | 0.13 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 151 Colorado Avenue |
|---|---|
| City | Palo Alto |
| County | Santa Clara |
| State | CA |
| Zip Code | 94301 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Natural Gas, Wall Furnace |
|---|---|
| Fireplace | No |
School Information
| District | Palo Alto Unified |
|---|
Additional Information
| Date Listed | June 20th, 2025 |
|---|---|
| Zoning | RM3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Olivia P. Lee |
|---|---|
| Office | RE/MAX Gold Redwood Shores. |