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251 Middlefield Rd , Palo Alto, CA 94301
$9,988,000
Est. Payment: $52,903.00/mo
12 Bed
9.5 Bath
5939 Sqft
Status: Pending | Days on site: 214
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MLSL-37689 - MLSL-01733750
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Chris Heller
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House Description

A state-of-the-art income producing asset nestled in the heart of Palo Alto. This property was completely remodeled in 2019 with no expense spared. Top-of-the-line materials, finishes, and appliances throughout. A total of 7 beautiful units and a large finished basement of 2,868 sf (not included in the living sf). Attractive landscaping, lovely curb appeal and attention to every detail starts on the exterior of the building and continues inside throughout all 7 units. The penthouse suite is over 2000 sf with three bedrooms plus a large office and two bathrooms, and the main first floor unit is over 1400 sf with two glorious master suites. Just a few blocks to Stanford University & downtown Palo Alto. Close access to many restaurants, cafes and parks as well as many High Tech companies, including HP, Google, Facebook, and Apple. Must see!
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Highlights

Listed by Jennifer Buenrostro , 650-224-9539 Compass , 650-323-1111. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential
Lot/Acreage
0.23

Year Built

1915

County

Santa Clara

Area

699 - Not Defined

 School District

Other

Listing ID

ML81864734

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:9.5
  • ▪ Full Bathrooms:9
  • ▪ 1/2 Bathrooms:1
Air Cond:See Remarks
Fireplaces:Propane,See Through,See Remarks,Zero Clearance

Exterior Features

Lot:No Land Lease
Garage Capacity:1
Zoning:R1
Principal Interest
$52,903
Taxes
$6,367

Home Price

$9,988,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$1,997,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$52,903.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $52,903.00 $6,367.35 $0.00 $59,270.35
Yearly $634,835.96 $76,408.20 $0.00 $711,244.16
Total $19,045,078.88 $2,292,246.00 $0.00 $21,337,324.88

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Palo Alto, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T07:04:54.000Z

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