Palo Alto CA Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
3,427
Status:
Active
MLS#:
ML82062479
Type:
Cluster
Lot size:
0.12 Acres
Year built:
2025
Listed by Alliance Bay Realty Jenny Wan-Mernyk
View additional info

ADDITIONAL INFORMATION

Completed as new construction in 2025, this distinctive Palo Alto property presents a rare opportunity to own a modern, income-producing compound just moments from Stanford University and the vibrant California Avenue corridor. Fully leased to Stanford-affiliated tenants through June 15, 2027, the property generates approximately $22,000 per month ($264,000 in contracted annual rent)$16,000 from the main residence and $6,000 from the detached ADU. The approximately 2,608 sq. ft. main residence features 3 bedrooms, 2.5 baths, soaring ceilings, abundant natural light, white oak floors, a gourmet kitchen, loft office, and inviting indoor-outdoor living. The approximately 819 sq. ft. detached ADU offers 2 bedrooms, 1 bath, and its own private outdoor space. Location further enhances the property's rental appeal, with exceptional walkability to restaurants, cafés, the farmers market, shopping, banking, and everyday conveniences. Its proximity to Stanford University provides access to a strong and established tenant base, supporting sustained rental demand. A compelling combination of new construction, immediate income, flexible living arrangements, and an exceptional Stanford-area location.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
ML82062184
Type:
Fourplex
Year built:
1963
A broker reciprocity listing Courtesy: Coldwell Banker Realty 650-324-4456
View additional info

ADDITIONAL INFORMATION

Located just a few blocks from University Avenue's dining, shops, and retail, this well-maintained 4-unit multi-family offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. The desirable unit mix consists of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, totaling 3,169 SF across the building, on a 5,100 SF lot. Each unit benefits from a private yard space or a balcony. 4 garage bays. Built in 1963, the property has recently completed all required SB-721 balcony work as of July 2026, with full clearance and permitting in place. Two units offer in-unit laundry, with the remaining two served by an on-site shared laundry room. The property offers meaningful upside across all four units, with rents currently below market. 94301 has posted consistent year-over-year rent growth, outperforming the broader metro and reflecting strong submarket fundamentals stable cash flow today, plus a clear path to further rent growth. This property can be purchased individually or as a combined 12-unit portfolio with the adjacent 5-unit property at 252-262 Everett Avenue and triplex at 270 Everett. Incredible opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
3,169
Status:
Active
MLS#:
ML82062184
Type:
Fourplex
Lot size:
0.12 Acres
Year built:
1963
Listed by Coldwell Banker Realty Kelly Griggs
View additional info

ADDITIONAL INFORMATION

Located just a few blocks from University Avenue's dining, shops, and retail, this well-maintained 4-unit multi-family offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. The desirable unit mix consists of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, totaling 3,169 SF across the building, on a 5,100 SF lot. Each unit benefits from a private yard space or a balcony. 4 garage bays. Built in 1963, the property has recently completed all required SB-721 balcony work as of July 2026, with full clearance and permitting in place. Two units offer in-unit laundry, with the remaining two served by an on-site shared laundry room. The property offers meaningful upside across all four units, with rents currently below market. 94301 has posted consistent year-over-year rent growth, outperforming the broader metro and reflecting strong submarket fundamentals stable cash flow today, plus a clear path to further rent growth. This property can be purchased individually or as a combined 12-unit portfolio with the adjacent 5-unit property at 252-262 Everett Avenue and triplex at 270 Everett. Incredible opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
1,822
Status:
Active
MLS#:
ML82057295
Type:
Triplex
Lot size:
0.14 Acres
Year built:
1955
Listed by Christie's International Real Estate Sereno Keerthi Naidu
View additional info

ADDITIONAL INFORMATION

A rare opportunity just moments from California Avenue and the California Avenue Caltrain station, 2571 Alma Street is a well-maintained Palo Alto triplex offering flexibility, income potential, and an exceptional location. The property features three residencesa two-bedroom, one-bath unit with large private patio and two one-bedroom, one-bath unitseach with dedicated parking. Ideal for investors, multi-generational living, or an owner-occupant looking to offset their mortgage with rental income, the property offers multiple possibilities for both immediate use and long-term value. Its versatile unit mix makes it an attractive addition to a rental portfolio or a unique opportunity to live in one unit while generating income from the others. Enjoy convenient access to the shops, restaurants, and cafés along California Avenue, nearby Caltrain, and major Silicon Valley employers. A compelling opportunity to own a multi-unit property in one of the Bay Areas most desirable markets.

Beds:
n/a
Baths:
Sq.Ft.:
12,830
Status:
Active
MLS#:
ML82056833
Type:
Cluster
Lot size:
0.4 Acres
Year built:
1961
Listed by Yarkin Realty Monica Yeung Arima
View additional info

ADDITIONAL INFORMATION

* Nestled in the heart of Downtown Palo Alto University South, one of Palo Altos most desirable neighborhood and a few minutes away from Palo Alto CALTrain station. * The property presents a rare opportunity to own a 14-unit multi-family property offering both strong income and long-term growth potential. * Built in 1961 on an expansive 17,500 sqft (0.40 acre) lot, this 2-story building features approximately12,830 sqft of living area, (740-1100 sqft per unit, buyer to verify square footage). * All the units have 3-4 sided independent walls & balconies, granite slab, newer appliances and fixtures. Most have dishwasher, washer and dryer in unit. * The property's beautifully landscaped grounds are a standout feature with a variety of mature fruit trees & a peaceful garden courtyard that creates a serene atmosphere for residents. * The 1- & 2-bed apartments' actual rents ($2,900 -$5,100/mo) in one of the regions strongest rental markets. * 11 units were remodeled in 2022-2023 and the rest of 3 units were updated approximately 10 years ago. * Roof, gutter, furnaces, windows, hot water heaters, circulator etc. were replaced over the years of ownership. * Ample off-street permitted parking & on-site laundry facilities. * Deck, property & termite reports available. * An A+ property.

Beds:
n/a
Baths:
Sq.Ft.:
1,716
Status:
Active
MLS#:
ML82053765
Type:
Triplex
Lot size:
0.16 Acres
Year built:
1951
Listed by Marcus & Millichap Adam S. Levin
View additional info

ADDITIONAL INFORMATION

1751 Alma St is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 6,988-square-foot parcel of land, the subject property was originally constructed in 1951 and features a gross building area of approximately 1,716 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. Tenants at 1751 enjoy convenient amenities, including air conditioning, in-unit W/D, and private patios. Additionally, 1751 Alma St offers tenants convenient property amenities, including gated access and private garage parking with attic space. The investment appeal of this property is driven by Palo Alto's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1751 Alma St presents an attractive choice for renters due to its close proximity to prestigious schools, major employers, shopping, dining, and entertainment options.

Beds:
n/a
Baths:
Sq.Ft.:
2,577
Status:
Active
MLS#:
ML82053370
Type:
Fourplex
Lot size:
0.24 Acres
Year built:
1965
Listed by Wilbur Properties Ephan Liu
View additional info

ADDITIONAL INFORMATION

Located 5 minutes from downtown Palo Alto, 1061 Alma Street presents a rare and exceptionally well-situated investment opportunity. This prime fourplex offers stable cash flow with significant long-term appreciation potential in one of the world's most desirable real estate markets. The property features a highly functional layout with strong tenant appeal, making it an ideal addition to any investment portfolio or a perfect candidate for a 1031 exchange. Its distinct curb appeal, complete with a classic white picket fence and low-maintenance landscaping, stands out in a high-demand rental corridor Positioned just blocks from University Avenue, residents enjoy immediate access to world class dining, premier retail, and public transit. Proximity to Stanford University, major Silicon Valley tech campuses, and top-tier local schools ensures a consistent, high-quality tenant pool for years to come

Beds:
n/a
Baths:
Sq.Ft.:
3,371
Status:
Active
MLS#:
ML82052706
Type:
Triplex
Lot size:
0.17 Acres
Year built:
1970
Listed by Marcus & Millichap Adam S. Levin
View additional info

ADDITIONAL INFORMATION

103 Tennyson Ave is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 7,500 square foot parcel, the subject property was originally constructed in 1970 and features approximately 3,371 square feet of gross building area, offering beautifully designed two-bedroom floor plans. The property consists of one flat and two townhome-style units, each with private detached garage parking and its own private patio or deck. Ideally positioned within walking distance of Stanford University, 103 Tennyson Ave benefits from Palo Alto's exceptionally strong rental market, high demand, and premium rental rates. Known for its historic neighborhoods, vibrant shopping, dining, entertainment, and cultural attractions, Palo Alto was recently ranked #6 on Livability's "Top 100 Best Places to Live" in America. The investment appeal is further strengthened by the city's strong employment base, low vacancy rates, and prime Silicon Valley location, providing residents with convenient access to prestigious schools, major employers, and an abundance of lifestyle amenities.

Beds:
n/a
Baths:
Sq.Ft.:
1,335
Status:
Active
MLS#:
ML82044036
Type:
Triplex
Lot size:
0.06 Acres
Year built:
1905
Listed by Realty Innova Ying Liu
View additional info

ADDITIONAL INFORMATION

Don't miss this exceptional investment opportunity at 183 Everett Ave, ideally located in the vibrant heart of Downtown Palo Alto. This well-maintained triplex offers a rare chance to own prime Silicon Valley real estate in one of the region's most sought-after locations. The property features a versatile unit mix, including one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio. All existing units have been thoughtfully updated with modern kitchens, bathrooms, and flooring, and include the convenience of in-unit washers and dryers. This property presents strong income potential with room for future growth and value appreciation. Unbeatable location just steps from Downtown Palo Alto's renowned dining, shopping, and entertainment, including the historic Stanford Theatre. Less than a mile to Stanford University and close to the Stanford Shopping Center, this property offers exceptional convenience and long-term investment appeal. A rare opportunity in a premier location- don't miss it!

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Xome Inc. are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS as of {{last updated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Palo Alto Real Estate

Palo Alto is located in California. Palo Alto, California has a population of 68,624. Palo Alto is more family-centric than the surrounding county with 43.19% of the households containing married families with children. The county average for households married with children is 38.78%.

The median household income in Palo Alto, California is $194,782. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Palo Alto is 41.8 years.

Palo Alto Weather

The average high temperature in July is 79.8 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 17.3 inches per year, with 0 inches of snow per year.

Palo Alto Map

Palo Alto Real Estate Market Conditions

  • Median sales price

    $3,646,172
    23.8%
    change since last quarter
  • # Active listings

    117
    30-day change

Palo Alto Schools and Demographics

Education near Palo Alto, CA

City County
High School Graduates 97.03 89.19
College Degree - 2 year 3.24 6.77
College Degree - 4 year 82.65 54.39
Graduate Degree 30.29 19.17
Expenditures per Student 18,401 18,401
Students per Teacher 21.6 21.6

Elementary Schools near Palo Alto, CA

Grades Students P/T Ratio ZIP
Addison Elementary School KG - 05 463 20.4 94301
Barron Park Elementary School KG - 05 338 17.9 94306
Belle Haven Elementary School KG - 08 591 22 94025
Brentwood Academy KG - 05 532 23.1 94303
Costano Elementary School KG - 08 564 22.8 94303
Duveneck Elementary School KG - 05 482 20.9 94303
El Carmelo Elementary School KG - 05 407 20.9 94306
Escondido Elementary School KG - 05 581 22 94305
Fairmeadow Elementary School KG - 05 548 21.8 94306
Garfield Elementary School KG - 08 644 24.8 94025
Green Oaks Academy KG - 05 273 22.1 94303
Greendell School KG - 05 97 17.6 94303
Herbert Hoover Elementary School KG - 05 406 21.3 94306
Juana Briones Elementary School KG - 05 348 19.6 94306
Lucille M. Nixon Elementary KG - 05 477 20 94305
Oak Knoll Elementary School KG - 05 766 20.5 94025
Ohlone Elementary School KG - 05 605 20.6 94303
Palo Verde Elementary School KG - 05 404 21 94303
Walter Hays Elementary School KG - 05 521 18.1 94301
Willow Oaks Elementary School KG - 08 705 25.2 94025

Middle Schools near Palo Alto, CA

Grades Students P/T Ratio ZIP
Aspire East Palo Alto Phoenix Academy 09 - 12 197 18 94303
Cesar Chavez Elementary School 06 - 08 183 28.1 94303
David Starr Jordan Middle School 06 - 08 1,103 15.5 94303
Hillview Middle School 06 - 08 881 17.8 94025
Jane Lathrop Stanford Middle School 06 - 08 1,107 16.5 94306
La Entrada Middle School 04 - 08 776 18.9 94025
Rocketship Eight Elementary KG - 03 0 94301
Ronald McNair Academy 06 - 08 223 22.3 94303
Terman Middle School 06 - 08 722 15.2 94306

High Schools near Palo Alto, CA

Grades Students P/T Ratio ZIP
East Palo Alto Academy 09 - 12 300 17.1 94303
Henry M. GUNN High 09 - 12 1,897 17.3 94306
Menlo-Atherton High School 09 - 12 2,158 19.2 94025
Palo Alto High School 09 - 12 1,943 16.9 94301

Ungraded Schools near Palo Alto, CA

Grades Students P/T Ratio ZIP
Aspire East Palo Alto Charter School KG - 12 759 21.9 94303

Demographics near Palo Alto, CA

City County
Neighborhood Type
Population 68,624 1,932,022
Population Density 2,875 1,496
Median Age 41.8 37.5
People per Household 2.6 2.9
Median Household Income 194,782 140,258
Average Income per Capita 105,070 65,052

Real estate near Palo Alto