Two charming, light-filled cottages on one lot in desirable Crescent Park, just a short stroll to downtown Palo Alto. Walk to University Avenue's shops, restaurants, and cafes, or enjoy easy access to nearby parks and neighborhood amenities. Nestled near San Francisquito Creek, this peaceful retreat offers a quiet sense of calm with everything Palo Alto has to offer right around the corner. The larger home offers 2 bedrooms and 2 baths in approximately 1,115 sf, while the smaller cottage features 1 bedroom and 1 bath in approximately 690 sf, for a total of 1,805 sf of living space on a 4,884 sf lot. Both homes are light and bright, with a warm, inviting feel throughout. Live in one and rent the other, enjoy the current rental income as an investor, or plan for the future. All this with access to excellent Palo Alto schools. A wonderful opportunity for owner-occupants, extended families, or investors seeking a flexible, income-producing property in one of Palo Alto's most walkable and sought-after neighborhoods.