301 College Avenue, Palo Alto, CA 94306 (MLS # ML82064694)

Price $3,995,000
Status Active
Beds 0
Baths 0 Bath
Home size 4,290 sqft
Lot Size 6,574 sqft
Days on Market 2
Rare opportunity to own an exceptionally spacious triplex in Palo Altos desirable College Terrace neighborhood, offering approximately 4,350 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.
Property Type(s): Residential Income
Last Updated 10/17/2026 Year Built 1968
Community 699 - Not Defined County Santa Clara

SCHOOLS

Elementary School Other
Jr. High School Other
High School Palo Alto

Additional Details

AIR Gas
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Double Oven, Electric Cooktop, Refrigerator, Vented Exhaust Fan
AREA 699 - Not Defined
LOT 6573 sq ft
LOT DIMENSIONS 6575
PARKING Carport
SEWER Public Sewer
STORIES 2
TAXES 3585
WATER Public

Location

 

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Listed with Golden Gate Sotheby's International Realty

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