301 College Ave

Palo Alto, CA 94306
  • $3,995,000

    Price
  • 8

    Bed
  • 4,290

    SqFt
  • 0.15

    Acre

About the Listing ML5014458 - ML5105226

Rare opportunity to own an exceptionally spacious triplex in Palo Altos desirable College Terrace neighborhood, offering approximately 4,290 sf of living space across three substantial residences. The front residence is the largest, a two-story 3-bedroom, 2.5-bath home with generous living areas and laminate flooring. The middle residence offers 3 bedrooms and 2 baths on one level, while the private rear two-story 2-bedroom, 2-bath residence features its own patio and direct access to covered carport parking. Each unit offers unusually spacious rooms and a level of livability rarely found in a three-unit property. Additional amenities include six covered carport spaces, storage, and shared laundry. Ideally located near Stanford University, California Avenue shopping and dining, Caltrain, and major Silicon Valley employment centers, the property offers an exceptional combination of location, size, and long-term potential. Current rents are below market providing future income-growth potential. This is a unique opportunity for an investor or future owner-occupant seeking in-place income, long-term rental upside, and a substantial multifamily property in one of Palo Altos most desirable neighborhoods.

Listing Highlights for 301 College Ave

Status Active
Days on Site 19
Property Type Multi-Family
MLS ® ML82064694
Year Built 1968
Total Square Footage 4,290
Lot/Acreage 0.15
County Santa Clara
School District Palo Alto Unified
High School Palo Alto

Interior Details

  • Bedrooms: 8
  • Appliances: Double Oven, Dishwasher, Electric Cooktop, Disposal, Refrigerator, Vented Exhaust Fan
  • Air Cond: Gas
  • Heating:
  • Fireplaces:
  • Floor: Carpet,Laminate
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: RM3T
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Carport

Financial Details

  • Tax Amount: $3,585
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 12428016
  • Tax Year: N/A

Payment Calculator

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  • in Taxes
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Listing Location

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301 College Ave Palo Alto, CA 94306

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Originating MLS: CRMLS

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