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    Palo Alto, CA Apartment Buildings for Sale

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    Menlo Park, CA East Palo Alto, CA Redwood City, CA
    9 results
    Palo Alto Multifamily Investment Opportunity
    $7,500,000
    0.23 Acres

    Palo Alto Multifamily Investment Opportunity

    251 Middlefield Road, Palo Alto, CA 94301

    Renovated multifamily property near Stanford University and downtown Palo Alto.

    • Rare trophy multifamily investment property in Palo Alto, a highly desirable and supply‑constrained market.
    • Prime location blocks from Stanford University and downtown Palo Alto, near major tech employers.
    • Completely renovated in 2019, blending historic architecture with modern luxury and high‑end finishes.
    • Seven beautifully renovated residential units with premium materials, stainless steel appliances, granite countertops, and designer finishes.
    • Significant value‑add potential with a 2,868 sq ft finished basement including private access, kitchenette, and bathroom.
    Updated: Apr 21
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    Ventura Multifamily Investment Opportunity
    $5,090,000
    0.51 Acres

    Ventura Multifamily Investment Opportunity

    176 W Ramona St, Ventura, CA 93001

    Value-add multifamily property with ADU potential near Downtown Ventura.

    • Potential to build approximately four additional ADUs by right on a spacious 22,214 sq. ft. lot
    • Eight of the sixteen units are completely gut renovated with new kitchens and bathrooms, updated flooring, recessed lighting, modern fixtures, and stainless steel appliances
    • Located approximately one mile from Downtown Ventura and 2.5 miles from the beach
    • Subject to California State Rent Control, allowing for annual rent increases of up to 7.7%
    • On‑site laundry and landscaped outdoor area for tenants
    Updated: Mar 27
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    Palo Alto Apartment Community
    $10,500,000
    9,665 SF

    Palo Alto Apartment Community

    Apartment community near Downtown Palo Alto and Stanford University.

    325 Hawthorne Ave, Palo Alto, CA 94301
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    Palo Alto Multifamily Investment Opportunity
    $5,700,000

    Palo Alto Multifamily Investment Opportunity

    Eight-unit multifamily property near University Avenue and Stanford University.

    813 Cowper St, Palo Alto, CA 94301
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    Palo Alto 6-Unit Apartment Building
    $3,800,000
    4,878 SF

    Palo Alto 6-Unit Apartment Building

    Turn-key 6-unit apartment building in prime Palo Alto location.

    220 College Avenue, Palo Alto, CA 94306
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    Downtown Palo Alto Investment Opportunity
    $2,700,000
    0.06 Acres

    Downtown Palo Alto Investment Opportunity

    Updated three-unit building near downtown Palo Alto.

    270 Everett Ave, Palo Alto, CA 94301
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    Ten-Unit Apartment Complex For Sale
    $3,550,000
    9,330 SF

    Ten-Unit Apartment Complex For Sale

    Ten-unit apartment complex near Pacific View Mall and local beaches.

    Rexford Street, Ventura, CA 93003
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    Palo Alto Investment Property
    $4,495,000
    4,735 SF

    Palo Alto Investment Property

    Turnkey investment property near downtown Palo Alto with income opportunity.

    643 Channing Avenue, Palo Alto, CA 94301
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    Approved Westside Housing Development Project
    $999,000
    5,580 SF

    Approved Westside Housing Development Project

    Approved 10-unit development project on Ventura's Westside.

    637 Sheridan Way, Ventura, CA 93001
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Palo Alto, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building on 10 Acres
    $8,999,000
    6,630 SF

    Mixed-Use Building on 10 Acres

    Mixed-use building with frontage on US 101 and 10 acres.

    5680 Monterey Road, Gilroy, CA 95020
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    Seven-Unit Apartment Building For Sale
    $2,700,000
    5,476 SF

    Seven-Unit Apartment Building For Sale

    Well-maintained 7-unit apartment building with strong rental potential.

    7001 Eigleberry Street, Gilroy, CA 95020
    View details
    Historic Hollister Mixed-Use Redevelopment Opportunity
    $2,288,000
    19,849 SF

    Historic Hollister Mixed-Use Redevelopment Opportunity

    Historic 19,850 SF building in downtown Hollister for sale.

    910 Monterey Street, Hollister, CA 95023
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    Historic Hollister Mixed-Use Redevelopment Opportunity
    $2,288,000
    19,850 SF

    Historic Hollister Mixed-Use Redevelopment Opportunity

    Historic 19,850 SF building in downtown Hollister with redevelopment potential.

    910 Monterey Street, Hollister, CA 95023
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres

    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384
    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres

    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534
    View details
    Land in Picfair Village
    $1,495,000
    0.16 Acres

    Land in Picfair Village

    Vacant land approved for 20-unit multifamily project in prime location.

    1562 S Fairfax Ave, Los Angeles, CA 90019
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    View details

    Off-Market Properties in Palo Alto, CA

    Consider similar Off-Market properties in Palo Alto, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2745 Byron St
    APARTMENT HOUSE (5+ UNITS)
    4,310 SF Lot: 0.21 Acres
    Estimated value
    $1,805,000

    2745 Byron St, Palo Alto, CA 94306-2507

    View details
    500 Palo Alto Ave
    APARTMENT HOUSE (5+ UNITS)
    6,442 SF Lot: 0.29 Acres
    Value Estimation by Request

    500 Palo Alto Ave, Palo Alto, CA 94301-1213

    View details
    87 Ashwood Ave, Unit 107
    APARTMENT HOUSE (5+ UNITS)
    107,360 SF Lot: 5.96 Acres
    Estimated value
    $2,915,000
    Unit 107

    87 Ashwood Ave, Ventura, CA 93003-1852

    View details
    430 Frst Ave
    APARTMENT HOUSE (5+ UNITS)
    16,449 SF Lot: 0.30 Acres
    Value Estimation by Request

    430 Frst Ave, Palo Alto, CA 94301-2658

    View details
    156 Laurel St
    APARTMENT HOUSE (5+ UNITS)
    15,498 SF Lot: 0.45 Acres
    Estimated value
    $6,775,000

    156 Laurel St, Ventura, CA 93001-3074

    View details
    688 Poli St
    APARTMENT HOUSE (5+ UNITS)
    6,880 SF Lot: 0.11 Acres
    Value Estimation by Request

    688 Poli St, Ventura, CA 93001-2840

    View details
    827 University Ave
    APARTMENT HOUSE (5+ UNITS)
    5,321 SF Lot: 0.29 Acres
    Estimated value
    $4,505,000

    827 University Ave, Palo Alto, CA 94301-2132

    View details
    461 Wilton Ave
    APARTMENT HOUSE (5+ UNITS)
    4,632 SF Lot: 0.25 Acres
    Estimated value
    $1,740,000

    461 Wilton Ave, Palo Alto, CA 94306-2863

    View details
    4274 Wilkie Way
    APARTMENT HOUSE (5+ UNITS)
    27,384 SF Lot: 1.43 Acres
    Estimated value
    $4,965,000

    4274 Wilkie Way, Palo Alto, CA 94306-4475

    View details
    702 Ellsworth Pl
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.08 Acres
    Estimated value
    $1,440,000

    702 Ellsworth Pl, Palo Alto, CA 94306-2514

    View details
    2 College Dr
    APARTMENT HOUSE (5+ UNITS)
    4,656 SF Lot: 0.22 Acres
    Estimated value
    $1,895,000

    2 College Dr, Ventura, CA 93003-3443

    View details
    267 Curtner Ave
    APARTMENT HOUSE (5+ UNITS)
    21,595 SF Lot: 0.79 Acres
    Estimated value
    $10,100,000

    267 Curtner Ave, Palo Alto, CA 94306-3471

    View details
    565 Matadero Ave
    APARTMENT HOUSE (5+ UNITS)
    13,108 SF Lot: 0.47 Acres
    Estimated value
    $2,395,000

    565 Matadero Ave, Palo Alto, CA 94306-2754

    View details
    4185 Byron St
    APARTMENT HOUSE (5+ UNITS)
    4,285 SF Lot: 0.27 Acres
    Estimated value
    $2,500,000

    4185 Byron St, Palo Alto, CA 94306-4736

    View details
    1087 Tanland Dr
    APARTMENT HOUSE (5+ UNITS)
    54,545 SF Lot: 2.84 Acres
    Estimated value
    $25,305,000

    1087 Tanland Dr, Palo Alto, CA 94303-3776

    View details

    Palo Alto, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Palo Alto, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 34,188 square feet of properties for sale, with an estimated market value of $23,344,000.

    Sale prices for two-family homes in Palo Alto, CA start at $999,000, averaging $4,668,800, and reaching up to $10,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Palo Alto fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 114K
    Population Growth (5Y) +6.6%
    Median Household Income $159,150
    College Educated 91.5%

    High-Yield Neighborhoods for Investment

    Identify Palo Alto submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    94306 $3.8M
    94301 $6.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $8.24 per sq ft
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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