$11,500,000

Hawthorne Avenue, Palo Alto, CA 94301

  • 9,665 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,190/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Hawthorne Apartments is a stunning apartment community located at 325-327 Hawthorne Ave, just two blocks away from Downtown Palo Alto. Situated on two contiguous parcels totaling 20,000 square feet, the subject property was originally constructed in 1956 and has a gross building area of approximately 9,665 square feet, offering its tenants beautifully-designed one-bedroom floor plans. Potential investors benefit from the stability of a five-year lease, secured by a corporate tenant for select units. Tenants benefit from their prime location, being walking distance from Downtown Palo Alto, Stanford benefit, and Stanford Shopping Center, all situated in a dynamic area with convenient access to public transportation, parks, and a variety of local amenities. Additionally, the Palo Alto Caltrain station is just a short walk away (0.5mi), providing connectivity to the rest of the Bay Area. Hawthorne Apartments is well-positioned in one of the Bay Areas most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of Top 100 Best Places to Live in America.

Listing Status:
Active
Date Added:
July 15, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : (650) 391-1700
Listing Agent:
Adam S. Levin : 650-492-0934
MLS ID:
ML82014665
  • A/C:
  • Heating: Wall Furnace

This listing courtesy of Adam S. Levin, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Addison Elementary School

650 Addison Ave, Palo Alto, CA, 94301

Grades KG-5

0.71 miles away

P

Packard Children's Hospital/Stanford

725 Welch Rd, Palo Alto, CA, 94304

Grades KG-12

1.26 miles away

P

Palo Alto High School

50 Embarcadero Rd, Palo Alto, CA, 94301

Grades 9-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.