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15-Unit Apartment Building
For Sale
$7,000,000

330 Ventura Ave, Palo Alto, CA 94306

One- and two-bedroom floor plans with private parking and on-site laundry.

Property Size8,244 SF
Lot Size0.44 Acres
Price / SF$849.10
Days on Market47

Property Features for 330 Ventura Ave

General Information

Standard status Active
Size 8,244 SF
Lot size 0.44 Acres
Property subtype Multifamily

Site & Location

Neighborhood Ventura

Additional Details

Multifamily Units 15

Amenities

private parking
on-site laundry
Well-Situated Palo Alto Investment Opportunity - Opportunity to acquire a well-situated multifamily asset in the highly exclusive Palo Alto market.
Convenient Tenant Amenities - Private covered parking & on-site laundry.
Prestigious Palo Alto School District - Located in a continuously ranked number one public school district throughout California.
Unprecedented Rental Demand - Strong rental demand driven by proximity to Stanford University & prominent employers.

Building Details

Year Built 1957
Listing Agency: Palo Alto Office
Listed By: Rob Johnston · License #License(s): CA: 01853816
Source: Marcusmillichap
Added: Sep 12 Changed: Oct 25 Last Checked: Oct 26 at 12:43PM

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 Palo Alto Office

Rey
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Investment Insights

Based on property information with market context.

The apartment property at 330 Ventura Ave comprises 15 units within a building constructed in 1957. The community includes a mix of one-bedroom and two-bedroom residences, along with private parking and on-site laundry for residents. The building contains approximately 8,244 square feet of gross area on a 19,323-square-foot parcel.

The property is in Palo Alto, California, near Stanford University and Downtown Palo Alto. The surrounding area also places residents near major technology employers, including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, and Sony.

Key Highlights

  • 15‑unit apartment community
  • Mix of one‑bedroom and two‑bedroom floor plans
  • Approximately 8,244 square feet of gross building area

Property Analytics

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Lease Details

15
Residential units

Location Intelligence

Trade Area within ½ mile

1,054
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - One- and two-bedroom floor plans with private parking and on-site laundry.
Where is this apartment building located?
The property is located at 330 Ventura Ave Palo Alto, CA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 15‑unit apartment community; Mix of one‑bedroom and two‑bedroom floor plans; Approximately 8,244 square feet of gross building area
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