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0 Baths
4,290 sqft

$3,995,000

301 College Avenue, Palo Alto CA, 94306

Price per sqft$931.24
Built in1968
Property size4,290 sqft
Property typeMulti-family

Overview

Active

Listed Oct 17, 2026

Updated 13 days ago

Rare opportunity to own an exceptionally spacious triplex in Palo Altos desirable College Terrace neighborhood, offering approximately 4,290 sf of living space across three substantial residences. The front residence is the largest, a two-story 3-bedroom, 2.5-bath home with generous living areas and laminate flooring. The middle residence offers 3 bedrooms and 2 baths on one level, while the private rear two-story 2-bedroom, 2-bath residence features its own patio and direct access to covered carport parking. Each unit offers unusually spacious rooms and a level of livability rarely found in a three-unit property. Additional amenities include six covered carport spaces, storage, and shared laundry. Ideally located near Stanford University, California Avenue shopping and dining, Caltrain, and major Silicon Valley employment centers, the property offers an exceptional combination of location, size, and long-term potential. Current rents are below market providing future income-growth potential. This is a unique opportunity for an investor or future owner-occupant seeking in-place income, long-term rental upside, and a substantial multifamily property in one of Palo Altos most desirable neighborhoods.

$26,579/mo

Est. mortgage payment based on a $3,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82064694

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$3,585
Tax Frequency
Annually
Maintenance Expense
$3,700

Listed by Bouja & Swenson G..., Golden Gate Sotheby's International Realty, CA DRE 70010295

Listing Contact: 408-489-0025 

Based on information from the CRISNet MLS as of 10/21/2026, 4:45 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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