Palo Alto 6-Unit Apartment
220 College Avenue, Palo Alto, CA 94306
Turn-key 6-unit apartment building in prime Palo Alto location.
Property size:
4,878 SFPrice / SF:
$779/SF- Added:
- Mar 24, 2026
- Days on Market:
- 48
- Last Refresh:
- Mar 24 at 8:10 pm
Property Features for 220 College Avenue
General Information
- Standard status
- Active
- Size
- 4,878 SF
Building Details
- Year Built
- 1968
Listing agent BRYAN DANFORTH
Listing office COMPASS (650) 941-1111
Listing date Mar 24, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
HighLights
- Prime Palo Alto location on a quiet cul‑de‑sac, walking distance to California Avenue amenities and Stanford campus.
- Turn‑key 6‑unit apartment building with strong in‑place rents and potential for significant value‑add through high‑end renovations.
- Recent major building system upgrades: New Roof (2023), Upgraded Electrical System (2025), New Water Heater (2022), and New Washer/Dryer (2025).
- Opportunity to add an ADU in the tuck‑under carport parking area.
- Unit updates completed: 4 units with kitchen and bath updates, and 2 units with interior updates.
- Dual pane windows throughout the building.
Overview
The property at 220 College Avenue presents an opportunity to acquire a 6-unit apartment building in Palo Alto. The building contains four two-bedroom, one-bath units and two one-bedroom, one-bath units. It is located on a cul-de-sac within walking distance of the shopping, dining, and entertainment amenities of California Avenue. The property has in-place rents and the potential to add value through renovations to achieve market rents. Four units have received kitchen and bath updates, and the other two have some interior updates. The building systems have been updated, including a new roof in 2023, a fully upgraded electrical system (main and subpanels) planned for 2025, a new water heater in 2022, new washer and dryer planned for 2025, and a new driveway ramp planned for 2025. Dual pane windows are installed throughout. There is potential to add an ADU in the tuck-under carport parking area. The property is located in the Evergreen Terrace neighborhood of Palo Alto, surrounded by tech companies and jobs. It is within a half-mile walk of the Stanford campus, California Avenue, Caltrain Station, Peers Park, Jerry Bowden Park, graduate housing, Sundance Steakhouse and other shopping and dining on El Camino Real, Stanford Business Park, and Palo Alto High School. The property size is 4878 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Palo Alto
- County
- Santa Clara
- State
- California
- Longitude
- -122.1450293
- Latitude
- 37.4297898
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Turn-key 6-unit apartment building in prime Palo Alto location.
Where is this apartment building located?
The property is located at 220 College Avenue Palo Alto, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Prime Palo Alto location on a quiet cul‑de‑sac, walking distance to California Avenue amenities and Stanford campus.; Turn‑key 6‑unit apartment building with strong in‑place rents and potential for significant value‑add through high‑end renovations.; Recent major building system upgrades: New Roof (2023), Upgraded Electrical System (2025), New Water Heater (2022), and New Washer/Dryer (2025).
