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Financial
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Property profile

239 California Ave Palo Alto, CA 94301

OFF-MARKET
Retail space
Property ID
US09-3089789
10,080 SF 0.26 ac lot Built 1951
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 249–251 California Ave, Palo Alto, CA 94306, is a commercial building offering approximately 10,000 square feet of space. The parcel is approximately 11,326 square feet (about 0.26 acres) based on public records. It is zoned CC(2)(R)(P), the Community Commercial (2) retail and pedestrian shopping combining district. The property includes 5 parking spaces.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$393k
Assessed land$179k
Assessed improvement$214k

Value estimate

· Oct 2026
$325k
$293k – $358k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,003/SF
Submarket average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$407 – $1,400
Qualifying comparables13

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?
CC2RP
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store10.4
Auto Parts Store10.2
Pawn Shop10.1

Location

239 California Ave Palo Alto, CA 94301
County assessor Recorded deeds · not on file 13 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
640 Ramona, Palo Alto, CA 94301-2545 $4,275,000 Oct 2022 4,300 SF
281 University, Palo Alto, CA 94301-1714 $10,000,000 Jul 2022 7,500 SF
799 Alma, Palo Alto, CA 94301-2403 $460,000 Mar 2022 3,400 SF
423 University, Palo Alto, CA 94301-1813 $4,192,500 Jan 2022 3,050 SF
415 University, Palo Alto, CA 94301-1813 $7,350,000 Mar 2021 4,500 SF
328 University, Palo Alto, CA 94301-1715 $12,000,000 Mar 2019 6,400 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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