Apartment Building

Palo Alto, CA Apartment Buildings for Sale

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Menlo Park, CA East Palo Alto, CA Apple Valley, CA Atherton, CA Redwood City, CA Los Altos, CA Mountain View, CA Portola Valley, CA
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Multifamily Property with ADU
Updated: Oct 13
Multifamily Property with ADU

207 Hawthorne AVE, Palo Alto, CA 94301

$3,990,000
3,142 sqft 0.15 AC lot
3,142 square feet on a 0.1492‑acre corner parcel
Three existing 1‑bedroom, 1‑bath units at 207 Hawthorne Ave
Separate 2‑bedroom, 2‑bath residence at 171 Emerson St
Permit issued for a 1‑bedroom, 1‑bath ADU
Built in 1902; zoned RM3
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15-Unit Apartment Building
Updated: Sep 12
15-Unit Apartment Building

330 Ventura Ave, Palo Alto, CA 94306

$7,000,000
8,244 sqft 0.44 AC lot
15‑unit apartment community
Mix of one‑bedroom and two‑bedroom floor plans
Approximately 8,244 square feet of gross building area
19,323‑square‑foot parcel
Constructed in 1957
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14-Unit Apartment Building with Balconies
14-Unit Apartment Building with Balconies

837 Cowper ST, Palo Alto, CA 94301

$11,000,000
12,830 sqft 0.40 AC lot

Two-story multifamily property with updated interiors, landscaped grounds, resident laundry, and off-street permitted parking.

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5-Unit Apartment Building
5-Unit Apartment Building

252-262 Everett Avenue, Palo Alto, CA 94301

$3,098,000
3,540 sqft

Five residences feature updated kitchens and baths, in-unit laundry, and air conditioning.

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Multifamily Property with ADU Potential
Multifamily Property with ADU Potential

2110 Williams Street, Palo Alto, CA 94306

$4,590,000
3,298 sqft

Apartment building with covered parking and direct gated access to Cameron Park.

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Apartment Building with On-Site Laundry
Apartment Building with On-Site Laundry

727729 Waverley St, Palo Alto, CA 94301

$3,700,000
0.17 AC lot

Eight residential units include six 1-bedroom units plus two nonconforming bachelor studios and a coin-operated laundry facility.

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Six-Unit Multifamily on Adjacent Parcels
Six-Unit Multifamily on Adjacent Parcels

2106 Williams Street, Palo Alto, CA 94306

Contact for pricing
4,138 sqft

Acquire two neighboring multifamily properties totaling six units in Palo Alto’s College Terrace neighborhood.

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Palo Alto Investment Property
Palo Alto Investment Property

643 Channing Avenue, Palo Alto, CA 94301

$4,495,000
4,735 sqft

Turnkey investment property near downtown Palo Alto with income opportunity.

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5-Unit Residential Income Property
5-Unit Residential Income Property

2965 Emerson St, Palo Alto, CA 94306

$3,300,000

Five-unit apartment building offered for sale in Palo Alto, CA.

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Based on your search, we've compiled 76 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

Opportunities in Nearby Cities

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

Ten-Unit Walk-Up Apartment Building
Ten-Unit Walk-Up Apartment Building

Menlo Park, CA 94025

$6,500,000
13,139 sqft 0.29 AC lot

Ten-unit, two-story walk-up building with exterior unit entrances and enclosed parking.

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Five-Unit Multifamily Property
Five-Unit Multifamily Property

1129 Willow Rd, Menlo Park, CA 94025

$1,728,000
3,852 sqft 0.14 AC lot

Constructed in 1951, this five-unit multifamily asset features private garage parking and maintained front lawn areas.

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Multifamily Property Investment Opportunity
Multifamily Property Investment Opportunity

256 Pettis Ave, Mountain View, CA 94041

$2,695,000
2,801 sqft

Five-unit multifamily property with income and value-add potential.

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Mountain View Multifamily Investment Opportunity
Mountain View Multifamily Investment Opportunity

1920 Latham Street, Mountain View, CA 94040

$8,928,000
22,222 sqft

23-unit multifamily property in prime Mountain View location.

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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)

2745 Byron St, Palo Alto, CA 94306-2507

Estimated value:
$275,000
4,310 sqft 0.21 AC lot
View details
500 Palo Alto Ave
APARTMENT HOUSE (5+ UNITS)

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

Estimated value: by Request
6,442 sqft 0.29 AC lot
View details
430 Frst Ave
APARTMENT HOUSE (5+ UNITS)

430 Frst Ave, Palo Alto, CA 94301-2658

Estimated value: by Request
16,449 sqft 0.30 AC lot
View details
827 University Ave
APARTMENT HOUSE (5+ UNITS)

827 University Ave, Palo Alto, CA 94301-2132

Estimated value:
$4,600,000
5,321 sqft 0.29 AC lot
View details
461 Wilton Ave
APARTMENT HOUSE (5+ UNITS)

461 Wilton Ave, Palo Alto, CA 94306-2863

Estimated value:
$1,785,000
4,632 sqft 0.25 AC lot
View details
4274 Wilkie Way
APARTMENT HOUSE (5+ UNITS)

4274 Wilkie Way, Palo Alto, CA 94306-4475

Estimated value:
$4,965,000
27,384 sqft 1.43 AC lot
View details
702 Ellsworth Pl
APARTMENT HOUSE (5+ UNITS)

702 Ellsworth Pl, Palo Alto, CA 94306-2514

Estimated value:
$1,465,000
0.08 AC lot
View details
267 Curtner Ave
APARTMENT HOUSE (5+ UNITS)

267 Curtner Ave, Palo Alto, CA 94306-3471

Estimated value:
$10,100,000
21,595 sqft 0.79 AC lot
View details
565 Matadero Ave
APARTMENT HOUSE (5+ UNITS)

565 Matadero Ave, Palo Alto, CA 94306-2754

Estimated value:
$280,000
13,108 sqft 0.47 AC lot
View details
4185 Byron St
APARTMENT HOUSE (5+ UNITS)

4185 Byron St, Palo Alto, CA 94306-4736

Estimated value:
$2,500,000
4,285 sqft 0.27 AC lot
View details
1087 Tanland Dr
APARTMENT HOUSE (5+ UNITS)

1087 Tanland Dr, Palo Alto, CA 94303-3776

Estimated value:
$25,305,000
54,545 sqft 2.84 AC lot
View details
2586 Bayshore Rd
APARTMENT HOUSE (5+ UNITS)

2586 Bayshore Rd, Palo Alto, CA 94303-3771

Estimated value:
$40,390,000
71,332 sqft 3.36 AC lot
View details
4211 Mckellar Ln
APARTMENT HOUSE (5+ UNITS)

4211 Mckellar Ln, Palo Alto, CA 94306-4300

Estimated value:
$3,100,000
4,266 sqft 0.19 AC lot
View details
3553 Alma St
APARTMENT HOUSE (5+ UNITS)

3553 Alma St, Palo Alto, CA 94306-3500

Estimated value:
$5,070,000
12,010 sqft 0.59 AC lot
View details
3820 Park Blvd
APARTMENT HOUSE (5+ UNITS)

3820 Park Blvd, Palo Alto, CA 94306-3479

Estimated value:
$12,000,000
23,213 sqft 0.66 AC lot
View details

Palo Alto, CA Apartment Buildings Market Trends and Statistics

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 39,927 square feet of properties for sale, with an estimated market value of $41,173,000.

Sale prices for apartment complexes in Palo Alto, CA start at $3,098,000, averaging $5,146,625, and reaching up to $11,000,000 — 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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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 average listing prices of real estate assets

Neighborhood Average Price
94306 $5M
94301 $5.6M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Santa Clara County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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