327 Hawthorne Avenue, Palo Alto, CA 94301

$10,150,000

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Listing courtesy of Listing Agent: Adam S. Levin (alevin@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Selling Office: Rogers & Associates.

Sold Price
$10,150,000
List Price
$10,500,000
Status
CLOSED
Days on Market
128
Closing Date
May 18, 2026
MLS#
ML82030530
Subtype
Commercial Sale
Year Built
1956
Lot Size
20,000
Acres
0.46
MLS Area Major
Not Defined (699)

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
Zoning
RM20
Heating
Wall Furnace
Air Conditioning
Yes
Roof
Composition
School District
Palo Alto Unified

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.