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Triplex with Covered Parking
New
For Sale
$3,995,000

301 College AVE, Palo Alto, CA 94306

Three residences offer distinct layouts, with shared laundry and storage serving the property.

Property Size4,290 SF
Price / SF$918.39
Days on Market4

Property Features for 301 College AVE

General Information

Standard status Active
Size 4,290 SF
Total Parking Spaces 6
Property subtype Triplex

Units

Unit Mix 3BR/2.5BA, 3BR/2BA, 2BR/2BA
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,585

Amenities

storage
shared laundry

Building Details

Building Size 4,290 SF
Year Built 1968
Listing Agency: Golden Gate Sotheby's International Realty
Listed By: Bouja & Swenson Group · License #70010295
Source: Lynnnorth
Added: Oct 17 Changed: Oct 19 Last Checked: Oct 19 at 11:36AM

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 Golden Gate Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This Palo Alto triplex contains approximately 4,350 sf across three residences. The front home spans two levels and has three bedrooms, 2.5 baths, living areas, and laminate flooring. A one-level middle unit provides three bedrooms and two baths. The rear residence has two bedrooms and two baths, occupies two levels, and includes a patio with direct access to covered carport parking. The property also has shared laundry and storage, along with six covered carport spaces.

The property is near Stanford University, California Avenue shopping and dining, and Caltrain. Its 1968 construction year and three-unit configuration round out the property details.

Key Highlights

  • Approximately 4,350 sf of living area across three residences
  • Front home: two stories, 3 bedrooms, and 2.5 baths
  • Middle residence: 3 bedrooms and 2 baths on one level

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,077
Businesses Nearby

Demographics for 94306, CA

28,659
Population
11,853
Households
2.4
Avg Household Size
41
Median Age
81%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
6,990
Density / Sq Mi
$186,479
Median Household Income
$112,500
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residences offer distinct layouts, with shared laundry and storage serving the property.
Where is this triplex located?
The property is located at 301 College AVE Palo Alto, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Approximately 4,350 sf of living area across three residences; Front home: two stories, 3 bedrooms, and 2.5 baths; Middle residence: 3 bedrooms and 2 baths on one level
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