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    Property profile & analytics

    2343 University Ave East Palo Alto, CA 94303-1671

    • Apartment buildings
    • 4,560 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 16, 2020
    Location Intelligence
    Property ID
    US10-3204489
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2343 University Ave

    Year built
    1962
    Lot size
    0.14 lot acres
    Property size
    4,560 SF
    Property type
    Apartment buildings
    APN
    063-201-240
    APU
    63201240

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    East Palo Alto
    County
    San Mateo
    State
    California
    Longitude
    -122.141
    Latitude
    37.4694
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,285
    $1,068,563
    $415,890
    $1,484,453
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.38 Acres

      215 Okeefe St

      APARTMENT HOUSE (5+ UNITS) • 0.38 Acres
      215 Okeefe St, East Palo Alto, CA 94303-5118
      View Details
    • Value Estimation by Request
      7,296 SF

      1842 Bayshore Rd

      APARTMENT HOUSE (5+ UNITS) • 7,296 SF
      1842 Bayshore Rd, East Palo Alto, CA 94303-2784
      View Details
    • Value Estimation by Request
      20,395 SF

      1957 Cooley Ave

      APARTMENT HOUSE (5+ UNITS) • 20,395 SF
      1957 Cooley Ave, East Palo Alto, CA 94303-2450
      View Details
    • Value Estimation by Request
      15,178 SF

      685 Scofield Ave

      APARTMENT HOUSE (5+ UNITS) • 15,178 SF
      685 Scofield Ave, East Palo Alto, CA 94303-2337
      View Details
    • Value Estimation by Request
      12,580 SF

      5 Newell Rd

      APARTMENT HOUSE (5+ UNITS) • 12,580 SF
      5 Newell Rd, East Palo Alto, CA 94303-2797
      View Details
    • Value Estimation by Request
      12,899 SF

      15 Newell Rd

      APARTMENT HOUSE (5+ UNITS) • 12,899 SF
      15 Newell Rd, East Palo Alto, CA 94303-2796
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Second floor office space with freeway access in Palo Alto.
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      View Details
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    2343 University Ave
    East Palo Alto, CA 94303-1671
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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