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PoePalo Alto, CA 94301

For Sale

$5,650,000

Smart Buyer Rebate $56,500

Rarely available true pride of ownership 8-unit opportunity in core downtown Palo Alto. This immaculately maintained property contains a large 3+2.5 owner's unit, (2) 2+1.5, (4) 1+1 and (1) unpermitted Studio unit mix. 331 Poe features many amenities not typically found in asset of this size such as electric vehicle charging (7 units), a pool, and oversized storage units. Most apartments have updated kitchens and baths, plank flooring, stainless steel appliances, and dishwashers. The property is located moments to Stanford University, Shopping Center, and Health Care system, is transit-oriented being a short walk to the Palo Alto Caltrain station, and benefits from quaint retail and restaurants of University Avenue. 331 Poe feeds to the top public school district in California. This is one of a kind.

Listed by Joel Hopman

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License #01934574

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Newmark Cornish & Carey

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415-722-2200

Listed by David O'such

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License #01033820

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Newmark Cornish & Carey

Last updated August 04, 2025

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Source: MLSListings #ML82000416

Listing Facts

  • TypeMulti-family
  • NeighborhoodUniversity South
  • Days on Prevu160
  • Size5,843 sqft
  • Price per sqft$967

Amenities

  • Pets Allowed
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/08/2025
Price Decreased
$5,650,000
04/01/2025
Listed by Newmark Cornish & Carey
$5,945,000

Property Details for Poe

Association

Amenities

  • Association Amenities: Additional Storage, Barbecue Area, Community Pool

General

  • Number Of Units In Community: 8

Exterior

Construction

  • Roof: Other, Tile
  • Year Built: 1965

Features

  • Pool Features: Community Facility

Measurements

  • Building Area Total: 5,843
  • Lot Size Acres: 0.20
  • Lot Size Area: 9,000
  • Lot Size Square Feet: 9,000

Financial

Taxes

  • Parcel Number: 120-12-037

Interior

Measurements

  • Living Area: 5,843

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned Spaces, Electric Car Hookup

Schools

Elementary School

  • Elementary School: Addison Elementary
  • Elementary School District: Palo Alto Unified

High School

  • High School: Palo Alto High
  • High School District: Palo Alto Unified

Middle or Junior School

  • Middle Or Junior School: David Starr Jordan Middle_1

Utilities

Equipment

  • Cooling: Window/Wall Unit
  • Heating: Forced Air, Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.