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$12,500,000

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

7 Beds ⋅ 7 Baths ⋅ ML82057145 MLS

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

640 Waverley ST, Palo Alto

Listed by Frank De Bernardo, 831-901-2324 from eXp Realty of Northern California, Inc.
(If provided) CoList: from

$12,500,000

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

ML82051028 MLS

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

640 Waverley ST, Palo Alto

Listed by Frank De Bernardo, 831-901-2324 from eXp Realty of Northern California, Inc.
(If provided) CoList: from

$12,500,000

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

ML82048326 MLS

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

640 Waverley ST, Palo Alto

Listed by Frank De Bernardo, 831-901-2324 from eXp Realty of Northern California, Inc.
(If provided) CoList: from

$11,000,000

* 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.

ML82056815 MLS

* 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.

837 Cowper ST, Palo Alto

Listed by Monica Yeung Arima, 650-888-4116 from Yarkin Realty
(If provided) CoList: from

$11,000,000

* 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.

5 Beds ⋅ ML82056833 MLS

* 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.

837 Cowper ST, Palo Alto

Listed by Monica Yeung Arima, 650-888-4116 from Yarkin Realty
(If provided) CoList: from

$6,300,000

340 Palo Alto Avenue consists of a charming single-story 2 bed 1 bath home on a +/- 0.2 acre lot with rare development potential in prime North Downtown Palo Alto. Ownership has filed an SB79 application to develop a 3-story, 6-luxry condo project. The +/- 1,500-1,550 sq. ft. 3 bedroom 3.5 bath premium condos will feature large terraces overlooking the tree-lined San Francisquito Creek. The property will feature a lobby entry with an elevator, two stairwells, privatized storage for each unit, at-grade parking, an interior trash/recycling room, all-electric service, and an attractive exterior façade consisting of painted brick and wood elements, a nod to its contemporary and greenbelt surroundings. Additionally, an option may exist to add a 7th penthouse suite unit which would be a larger +/- 1,800 sq. ft. residence on its own floor, with spectacular views. The property feeds to the #1 ranked school district in California; Addition Elementary, Greene Middle and Palo Alto High schools. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.

2 Beds ⋅ 1 Baths ⋅ ML82055000 MLS

340 Palo Alto Avenue consists of a charming single-story 2 bed 1 bath home on a +/- 0.2 acre lot with rare development potential in prime North Downtown Palo Alto. Ownership has filed an SB79 application to develop a 3-story, 6-luxry condo project. The +/- 1,500-1,550 sq. ft. 3 bedroom 3.5 bath premium condos will feature large terraces overlooking the tree-lined San Francisquito Creek. The property will feature a lobby entry with an elevator, two stairwells, privatized storage for each unit, at-grade parking, an interior trash/recycling room, all-electric service, and an attractive exterior façade consisting of painted brick and wood elements, a nod to its contemporary and greenbelt surroundings. Additionally, an option may exist to add a 7th penthouse suite unit which would be a larger +/- 1,800 sq. ft. residence on its own floor, with spectacular views. The property feeds to the #1 ranked school district in California; Addition Elementary, Greene Middle and Palo Alto High schools. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.

340 Palo Alto AVE, Palo Alto

Listed by Joel Hopman, 415-722-2200 from Newmark Cornish & Carey
(If provided) CoList: from

$6,300,000

340 Palo Alto Avenue consists of a charming single-story 2 bed 1 bath home on a +/- 0.2 acre lot with rare development potential in prime North Downtown Palo Alto. Ownership has filed an SB79 application to develop a 3-story, 6-luxry condo project. The +/- 1,500-1,550 sq. ft. 3 bedroom 3.5 bath premium condos will feature large terraces overlooking the tree-lined San Francisquito Creek. The property will feature a lobby entry with an elevator, two stairwells, privatized storage for each unit, at-grade parking, an interior trash/recycling room, all-electric service, and an attractive exterior façade consisting of painted brick and wood elements, a nod to its contemporary and greenbelt surroundings. Additionally, an option may exist to add a 7th penthouse suite unit which would be a larger +/- 1,800 sq. ft. residence on its own floor, with spectacular views. The property feeds to the #1 ranked school district in California; Addition Elementary, Greene Middle and Palo Alto High schools. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.

ML82054496 MLS

340 Palo Alto Avenue consists of a charming single-story 2 bed 1 bath home on a +/- 0.2 acre lot with rare development potential in prime North Downtown Palo Alto. Ownership has filed an SB79 application to develop a 3-story, 6-luxry condo project. The +/- 1,500-1,550 sq. ft. 3 bedroom 3.5 bath premium condos will feature large terraces overlooking the tree-lined San Francisquito Creek. The property will feature a lobby entry with an elevator, two stairwells, privatized storage for each unit, at-grade parking, an interior trash/recycling room, all-electric service, and an attractive exterior façade consisting of painted brick and wood elements, a nod to its contemporary and greenbelt surroundings. Additionally, an option may exist to add a 7th penthouse suite unit which would be a larger +/- 1,800 sq. ft. residence on its own floor, with spectacular views. The property feeds to the #1 ranked school district in California; Addition Elementary, Greene Middle and Palo Alto High schools. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.

340 Palo Alto AVE, Palo Alto

Listed by Joel Hopman, 415-722-2200 from Newmark Cornish & Carey
(If provided) CoList: from

$4,995,000

* * A Statement Property * * Designed by renowned architect Joseph Bellomo for those who appreciate exceptional architecture, uncompromising craftsmanship, and a low-maintenance luxury lifestyle, this extraordinary residence stands alone in the Bay Area. Located in the heart of vibrant downtown Palo Alto, this iconic glass, concrete, and steel landmark showcases award-winning architecture with dramatic floor-to-ceiling glass, sculptural metal screening, and striking contemporary design. Enjoy year-round comfort with an advanced hydronic radiant floor heating/cooling system, extra-quiet double-insulated Low-E windows, and abundant natural light. Take the car elevator to the secure underground parking with two dedicated spaces, then take the elevator directly to the main courtyard. The thoughtfully designed floor plan features an open-concept kitchen, living and dining area, office, powder room, two luxurious bedroom suites, and upstairs laundry. Above it all is an extraordinary rooftop garden with 3 feet of soil and spectacular 360-degree views of downtown Palo Alto, the Bay Area, and surrounding foothills. More than a luxury condo, this is a rare architectural masterpiece and a once-in-a-generation opportunity to own one of Silicon Valley's most distinctive residences.

2 Beds ⋅ 3 Baths ⋅ ML82061598 MLS

* * A Statement Property * * Designed by renowned architect Joseph Bellomo for those who appreciate exceptional architecture, uncompromising craftsmanship, and a low-maintenance luxury lifestyle, this extraordinary residence stands alone in the Bay Area. Located in the heart of vibrant downtown Palo Alto, this iconic glass, concrete, and steel landmark showcases award-winning architecture with dramatic floor-to-ceiling glass, sculptural metal screening, and striking contemporary design. Enjoy year-round comfort with an advanced hydronic radiant floor heating/cooling system, extra-quiet double-insulated Low-E windows, and abundant natural light. Take the car elevator to the secure underground parking with two dedicated spaces, then take the elevator directly to the main courtyard. The thoughtfully designed floor plan features an open-concept kitchen, living and dining area, office, powder room, two luxurious bedroom suites, and upstairs laundry. Above it all is an extraordinary rooftop garden with 3 feet of soil and spectacular 360-degree views of downtown Palo Alto, the Bay Area, and surrounding foothills. More than a luxury condo, this is a rare architectural masterpiece and a once-in-a-generation opportunity to own one of Silicon Valley's most distinctive residences.

102 University AVE 3B, Palo Alto

Listed by Mark Martinho, 650-346-1595 from Vabrato
(If provided) CoList: Vivienne Kelvin from Vabrato

$4,595,000

**A home as unique as you are.** Designed by renowned architect Joseph Bellomo for those who appreciate exceptional architecture, uncompromising craftsmanship, and a low-maintenance luxury lifestyle, this extraordinary residence stands alone in the Bay Area. Located in the heart of vibrant downtown Palo Alto, this iconic glass, concrete, and steel landmark showcases award-winning architecture with dramatic floor-to-ceiling glass, sculptural metal screening, and striking contemporary design. Enjoy year-round comfort with an advanced hydronic radiant floor heating/cooling system, extra-quiet double-insulated Low-E windows, and abundant natural light. Take the car elevator to the secure underground parking with two dedicated spaces, then take the elevator directly to the main courtyard. The thoughtfully designed floor plan features an open-concept kitchen, living and dining area, office, powder room, two luxurious bedroom suites, and upstairs laundry. Above it all is an extraordinary rooftop garden with 3 feet of soil and spectacular 360-degree views of downtown Palo Alto, the Bay Area, and surrounding foothills. More than a luxury condo, this is a rare architectural masterpiece and a once-in-a-generation opportunity to own one of Silicon Valley's most distinctive residences.

2 Beds ⋅ 3 Baths ⋅ ML82052145 MLS

**A home as unique as you are.** Designed by renowned architect Joseph Bellomo for those who appreciate exceptional architecture, uncompromising craftsmanship, and a low-maintenance luxury lifestyle, this extraordinary residence stands alone in the Bay Area. Located in the heart of vibrant downtown Palo Alto, this iconic glass, concrete, and steel landmark showcases award-winning architecture with dramatic floor-to-ceiling glass, sculptural metal screening, and striking contemporary design. Enjoy year-round comfort with an advanced hydronic radiant floor heating/cooling system, extra-quiet double-insulated Low-E windows, and abundant natural light. Take the car elevator to the secure underground parking with two dedicated spaces, then take the elevator directly to the main courtyard. The thoughtfully designed floor plan features an open-concept kitchen, living and dining area, office, powder room, two luxurious bedroom suites, and upstairs laundry. Above it all is an extraordinary rooftop garden with 3 feet of soil and spectacular 360-degree views of downtown Palo Alto, the Bay Area, and surrounding foothills. More than a luxury condo, this is a rare architectural masterpiece and a once-in-a-generation opportunity to own one of Silicon Valley's most distinctive residences.

102 University AVE 3C, Palo Alto

Listed by Mark Martinho, 650-346-1595 from Vabrato
(If provided) CoList: Vivienne Kelvin from Vabrato

$3,950,000

ML82056530 MLS

510 Waverley ST, Palo Alto

Listed by David O'such, 650-465-1100 from Cornish & Carey Commercial
(If provided) CoList: from

$3,698,000

One of the most desirable units in this highly sought-after Palo Alto location: Woodmark at University Park. With its own private entry, the foyer leads to the elegant great room featuring high ceilings, hardwood floors, a spacious living area with fireplace flanked by built-in bookcases, dining area with designer pendant and library/office with custom cabinetry behind pocket doors. French doors create a seamless flow to the private patio, perfect for entertainment. The kitchen features stone countertops, high-end appliances, and counter seating. Bedroom ensuites are upstairs, including the primary with a seating area and spacious bathroom with soaking tub, step-in shower, and custom walk-in closet. Set on a quiet walk way adjacant to Heritage Park, within strolling distance to University Avenue, Farmers Market, Town and Country Village, Whole Foods, Stanford, and outstanding Palo Alto Schools. Two secured parking spaces, storage unit, and bike storage.

2 Beds ⋅ 3 Baths ⋅ ML82053526 MLS

One of the most desirable units in this highly sought-after Palo Alto location: Woodmark at University Park. With its own private entry, the foyer leads to the elegant great room featuring high ceilings, hardwood floors, a spacious living area with fireplace flanked by built-in bookcases, dining area with designer pendant and library/office with custom cabinetry behind pocket doors. French doors create a seamless flow to the private patio, perfect for entertainment. The kitchen features stone countertops, high-end appliances, and counter seating. Bedroom ensuites are upstairs, including the primary with a seating area and spacious bathroom with soaking tub, step-in shower, and custom walk-in closet. Set on a quiet walk way adjacant to Heritage Park, within strolling distance to University Avenue, Farmers Market, Town and Country Village, Whole Foods, Stanford, and outstanding Palo Alto Schools. Two secured parking spaces, storage unit, and bike storage.

325 Channing AVE 112, Palo Alto

Listed by Judy Decker, 650-799-4294 from Compass
(If provided) CoList: from

$3,495,000

RARE DOWNTOWN NORTH DEVELOPMENT OPPORTUNITY | Exceptional ±7,150 SF site just 3 blocks from University Ave and Downtown Palo Alto Caltrain offers multiple paths to create significant value. City-approved architectural plans envision an approx. 4,365 SF modern 3-level luxury residence with 4BD/3.5BA + attached JADU, expansive entertaining spaces, basement great room, wine room and indoor/outdoor living. The property's exceptional proximity to Caltrain may also provide compelling potential for higher-density transit-oriented residential development under evolving state and local regulations. Rare opportunity for an end-user, builder, developer or investor near Downtown Palo Alto, Stanford and major Silicon Valley employment centers. Existing improvements convey as-is. Buyer to independently verify current zoning, density, unit count, parking, SB 79/AB 2097 applicability and all development standards with the City of Palo Alto.

1 Beds ⋅ 1 Baths ⋅ ML82059476 MLS

RARE DOWNTOWN NORTH DEVELOPMENT OPPORTUNITY | Exceptional ±7,150 SF site just 3 blocks from University Ave and Downtown Palo Alto Caltrain offers multiple paths to create significant value. City-approved architectural plans envision an approx. 4,365 SF modern 3-level luxury residence with 4BD/3.5BA + attached JADU, expansive entertaining spaces, basement great room, wine room and indoor/outdoor living. The property's exceptional proximity to Caltrain may also provide compelling potential for higher-density transit-oriented residential development under evolving state and local regulations. Rare opportunity for an end-user, builder, developer or investor near Downtown Palo Alto, Stanford and major Silicon Valley employment centers. Existing improvements convey as-is. Buyer to independently verify current zoning, density, unit count, parking, SB 79/AB 2097 applicability and all development standards with the City of Palo Alto.

246 Palo Alto AVE, Palo Alto

Listed by Julie Tsai Law, 650-799-8888 from Compass
(If provided) CoList: from

$3,098,000

This well-maintained 5-unit multifamily property offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. Located just a few blocks from University Avenue's dining, shops, and retail, this offers a desirable walk to downtown Palo Alto location. Built in 1925 and thoughtfully updated over time, including a new electrical panel, new HVAC systems in each unit. Every 1-bed unit has been nicely remodeled, with all units offering remodeled kitchens and baths, in-unit washer and dryer, and A/C. The unit mix consists of four spacious 1-bedroom/1-bath units and one studio, totaling 3,540 SF in the building. The property is occupied with excellent, well-qualified tenants, currently at under-market rents. All 5 units are nicely remodeled with great natural light and fabulous floor plans. Deep renter pool from nearby major employers and CalTrain accessibility. 2-car garage onsite, which could be rented for added income or converted to an ADU. Two additional driveway parking spots. This property can be purchased individually as a 5-unit multifamily property or as a combined 12-unit portfolio with the adjacent 4-plex at 311-317 Ramona Street and triplex at 270 Everett. Incredible opportunity!

ML82062178 MLS

This well-maintained 5-unit multifamily property offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. Located just a few blocks from University Avenue's dining, shops, and retail, this offers a desirable walk to downtown Palo Alto location. Built in 1925 and thoughtfully updated over time, including a new electrical panel, new HVAC systems in each unit. Every 1-bed unit has been nicely remodeled, with all units offering remodeled kitchens and baths, in-unit washer and dryer, and A/C. The unit mix consists of four spacious 1-bedroom/1-bath units and one studio, totaling 3,540 SF in the building. The property is occupied with excellent, well-qualified tenants, currently at under-market rents. All 5 units are nicely remodeled with great natural light and fabulous floor plans. Deep renter pool from nearby major employers and CalTrain accessibility. 2-car garage onsite, which could be rented for added income or converted to an ADU. Two additional driveway parking spots. This property can be purchased individually as a 5-unit multifamily property or as a combined 12-unit portfolio with the adjacent 4-plex at 311-317 Ramona Street and triplex at 270 Everett. Incredible opportunity!

252-262 Everett AVE, Palo Alto

Listed by Kelly Griggs, 650-464-1965 from Coldwell Banker Realty
(If provided) CoList: Billy McNair from Coldwell Banker Realty

$2,998,000

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!

8 Beds ⋅ ML82062184 MLS

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!

311-317 Ramona ST, Palo Alto

Listed by Kelly Griggs, 650-464-1965 from Coldwell Banker Realty
(If provided) CoList: Billy McNair from Coldwell Banker Realty

$2,980,000

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!

3 Beds ⋅ ML82044036 MLS

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!

183 Everett AVE, Palo Alto

Listed by Cathy Liu, 408-826-2548 from Realty Innova
(If provided) CoList: from

$2,198,000

Lowest price/sf single family house on over 5000 sf lot in downtown North Palo Alto on listing date 9/23 | Ready to move in and enjoy Bay Area Fall weather in this thoughtfully update home, just a few short blocks from vibrant downtown Palo Alto | Situated behind an unassuming privacy fence and gate, this house delivers a fresh perspective of urban living without sacrificing privacy | 3 bd/2 ba + separate office + kid's play room + laundry room | versatile open concept floor plan | Stylishly updated interiors -- newer European styled kitchen has bar seating, stainless steel appliances & kitchen sink and custom cabinets plus 2 fully remodeled baths | brand new mini-split system for heating & cooling (2 units) | newer interior wall paint | recessed lighting through out; newer double-paned windows | JW wood sliding glass doors have built-in mini blinds | all 3 bedrooms + kid's play room are at the back of the property | finished garage fit for flexible use has recessed lights, painted floor, sliding door to the back yard & automatic door opener. ADDED BONUS: front yard open air parking pad for extra cars | Steps away from neighborhood parks & pedestrian/bike street | close to Stanford and major Silicon Valley employers | This is a rare offering of comfort, style & convenience

3 Beds ⋅ 2 Baths ⋅ ML82062269 MLS

Lowest price/sf single family house on over 5000 sf lot in downtown North Palo Alto on listing date 9/23 | Ready to move in and enjoy Bay Area Fall weather in this thoughtfully update home, just a few short blocks from vibrant downtown Palo Alto | Situated behind an unassuming privacy fence and gate, this house delivers a fresh perspective of urban living without sacrificing privacy | 3 bd/2 ba + separate office + kid's play room + laundry room | versatile open concept floor plan | Stylishly updated interiors -- newer European styled kitchen has bar seating, stainless steel appliances & kitchen sink and custom cabinets plus 2 fully remodeled baths | brand new mini-split system for heating & cooling (2 units) | newer interior wall paint | recessed lighting through out; newer double-paned windows | JW wood sliding glass doors have built-in mini blinds | all 3 bedrooms + kid's play room are at the back of the property | finished garage fit for flexible use has recessed lights, painted floor, sliding door to the back yard & automatic door opener. ADDED BONUS: front yard open air parking pad for extra cars | Steps away from neighborhood parks & pedestrian/bike street | close to Stanford and major Silicon Valley employers | This is a rare offering of comfort, style & convenience

150 Middlefield RD, Palo Alto

Listed by Julie Lau, 650-208-2287 from Coldwell Banker Realty
(If provided) CoList: from

$1,588,000

Stylish and sophisticated downtown Palo Alto inside corner condo unit blending contemporary comfort with distinctive architectural character. Newly refinished oak hardwood floors flow through the open living and dining areas, highlighted by abundant natural light and a wood-burning fireplace with a seamless marble slab surround. The open kitchen features custom rich dark-wood cabinetry, premium stone countertops, stainless steel appliances, a unique bronze-tinted glass backsplash, and a generous peninsula ideal for cooking and entertaining. Custom built-in buffet cabinetry enhances the dining area. Spacious bedrooms offer hardwood floors, ample closest spaces, and newly installed Mitsubishi mini-split individual climate control; the primary suite includes a built-in workspace and sliding doors open to a private patio. Spa-inspired baths feature floor-to-ceiling natural stone tile, heated floors, frameless glass enclosures, Grohe thermostatic fixtures, a soaking tub, sculptural black vessel sinks and designer VOLA wall-mounted faucets. Hunter Douglas SilhouetteÂ® shades, five closets, and full-size side-by-side laundry, two underground parking spots with a storage closet complete the home. Prime downtown location near Whole Foods, Caltrain, PAMF, restaurants, cafes and shops.

2 Beds ⋅ 2 Baths ⋅ ML82061776 MLS

Stylish and sophisticated downtown Palo Alto inside corner condo unit blending contemporary comfort with distinctive architectural character. Newly refinished oak hardwood floors flow through the open living and dining areas, highlighted by abundant natural light and a wood-burning fireplace with a seamless marble slab surround. The open kitchen features custom rich dark-wood cabinetry, premium stone countertops, stainless steel appliances, a unique bronze-tinted glass backsplash, and a generous peninsula ideal for cooking and entertaining. Custom built-in buffet cabinetry enhances the dining area. Spacious bedrooms offer hardwood floors, ample closest spaces, and newly installed Mitsubishi mini-split individual climate control; the primary suite includes a built-in workspace and sliding doors open to a private patio. Spa-inspired baths feature floor-to-ceiling natural stone tile, heated floors, frameless glass enclosures, Grohe thermostatic fixtures, a soaking tub, sculptural black vessel sinks and designer VOLA wall-mounted faucets. Hunter Douglas SilhouetteÂ® shades, five closets, and full-size side-by-side laundry, two underground parking spots with a storage closet complete the home. Prime downtown location near Whole Foods, Caltrain, PAMF, restaurants, cafes and shops.

165 Forest AVE 2C, Palo Alto

Listed by Delia Fei, 650-269-3422 from Compass
(If provided) CoList: from

$1,100,000

Experience the perfect blend of luxury and lifestyle in this premier renovated top floor 1044 SF 2-bedroom, 2-bathroom Palo Alto condo w/private balcony representing the absolute finest in contemporary modern living. A flawless showcase of mid-century revival design, the home greets you with an airy, open-concept floor plan w/attached brand-new gourmet kitchen. The kitchen is custom-designed with premium flush-front cabinetry, integrated stainless appliances, and strikingly beautiful Grand Marfil quartz countertops curated for the discerning chef. Situated in one of Silicon Valley's most coveted zip codes, this home puts the best of the Peninsula right at your doorstep. Start your mornings at nearby favorites like Philz Coffee, Peet's or Blue Bottle. Later explore the vibrant dining scene on University Avenue or indulge in retail at the Stanford Shopping Center, featuring luxury brands. Ideal for professionals and academics alike, you are perfectly positioned near Stanford University, leading healthcare centers, and major tech campuses including Nvidia, Meta, and Google. Exceptional transit links via Caltrain and Highway 101 make traveling across the Bay effortless. Enjoy close proximity to highly acclaimed local schools, including Addison, Greene, and Paly (buyer to verify).

2 Beds ⋅ 2 Baths ⋅ ML82062835 MLS

Experience the perfect blend of luxury and lifestyle in this premier renovated top floor 1044 SF 2-bedroom, 2-bathroom Palo Alto condo w/private balcony representing the absolute finest in contemporary modern living. A flawless showcase of mid-century revival design, the home greets you with an airy, open-concept floor plan w/attached brand-new gourmet kitchen. The kitchen is custom-designed with premium flush-front cabinetry, integrated stainless appliances, and strikingly beautiful Grand Marfil quartz countertops curated for the discerning chef. Situated in one of Silicon Valley's most coveted zip codes, this home puts the best of the Peninsula right at your doorstep. Start your mornings at nearby favorites like Philz Coffee, Peet's or Blue Bottle. Later explore the vibrant dining scene on University Avenue or indulge in retail at the Stanford Shopping Center, featuring luxury brands. Ideal for professionals and academics alike, you are perfectly positioned near Stanford University, leading healthcare centers, and major tech campuses including Nvidia, Meta, and Google. Exceptional transit links via Caltrain and Highway 101 make traveling across the Bay effortless. Enjoy close proximity to highly acclaimed local schools, including Addison, Greene, and Paly (buyer to verify).

528 Everett AVE F, Palo Alto

Listed by Dana McCue, 650-248-3950 from Compass
(If provided) CoList: from