327 Hawthorne Avenue, Palo Alto, CA 94301
- $10,150,000
- Sold Price
- $10,150,000
- List Price
- $10,500,000
- Closing Date
- May 18, 2026
- Status
- CLOSED
- MLS#
- ML82030530
- Year Built
- 1956
- Lot Size
- 20,000
- Acres
- 0.46
- Days on Market
- 128
- Property Type
- Commercial
Property Description
Hawthorne Apartments is a well-located apartment community at 325327 Hawthorne Avenue, just two blocks from Downtown Palo Alto. Built in 1956 on two contiguous parcels totaling approximately 20,000 square feet, the property offers roughly 9,665 square feet of gross building area with thoughtfully designed one-bedroom floor plans, including the added stability of a five-year corporate lease for select units. Tenants benefit from a prime, walkable location near Downtown Palo Alto, Stanford University, Stanford Shopping Center, and the Palo Alto Caltrain station, with easy access to major tech employers, transportation, shopping, and dining. Situated in one of the Bay Areas most desirable citiesrecently ranked #6 Top 100 Best Places to Livethe propertys investment appeal is driven by Palo Altos strong employment base, low vacancy levels, and world-class Silicon Valley location.
Additional Information
- Taxes
- $125,509
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Water
- Public
- School District
- Palo Alto Unified
- Attached Structure
- Detached
- Gross Scheduled Income
- $663,445
Listing courtesy of Listing Agent: Adam S. Levin (alevin@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by Matthew Rogers from Rogers & Associates
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