Property profile

1851 Clarke Ave East Palo Alto, CA 94303

OFF-MARKET
Apartment buildings
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Property ID
US09-1711063
33,709 SF 0.99 ac Built 1962
Last sale Feb 2016·$7,199,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$129k
Tax billed · 2024
Assessed value$9.59M
Assessed land$7.59M
Assessed improvement$2.00M
Effective rate1.34%

Value estimate

· Nov 2026
$8.48M
$7.63M – $9.33M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$521/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$254 – $755

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R300S3
JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.8
Spa & Massage12.4
Hair Salon12.0

Location

1851 Clarke Ave East Palo Alto, CA 94303-2761
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
245 Okeefe, East Palo Alto, CA 94303-2170 $14,480,000 Apr 2025 21,526 SF
1087 Tanland, Palo Alto, CA 94303-3776 $25,303,000 Oct 2024 54,545 SF
2721 Midtown, Palo Alto, CA 94303-3965 $20,000,000 Mar 2023 44,196 SF
2400 Gloria, East Palo Alto, CA 94303-1156 $549,000 Mar 2022 48,162 SF
220 Okeefe, East Palo Alto, CA 94303-2167 $5,496,500 May 2020 20,800 SF
1760 Bay, East Palo Alto, CA 94303-1664 $8,450,000 May 2020 19,378 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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