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515 Webster ST, Palo Alto
$5,998,000
3 Beds ⋅ 5 Baths ⋅ ML82066218 MLS
Beautiful and luxurious high-end condominium flat includes 3 bedrooms, 3.5 baths plus a detached board room/office/gym with additional half bath and private exclusive backyard with patio and lush landscaping. Enter your private walkway and elevator anteroom on the main floor and head up to your flat via secure elevator. Elevator opens directly into foyer of your property. The stunning great room has 10' ceilings and walls of glass that fold open to the west. High-end chefs kitchen is the pinnacle of luxury with custom cabinetry & Thermador appliances. Also enjoy the multiple generous balconies. Primary suite with spa-like bath and two other bedrooms with en-suite bathrooms allows for generous living weather for a family or a work from home tycoon. Spacious, exclusive and private gated backyard with detached board room/office/gym and powder room. Oversized, 2 car garage with EV charging. 2 Parcels off University Ave in the heart of vibrant, sought after downtown Palo Alto. This is the one with everything you want.

515 Webster ST, Palo Alto

Listed by Brendan Callahan, 650-387-2535 from Compass
(If provided) CoList: from

365 Forest AVE 2F, Palo Alto
$2,098,000
3 Beds ⋅ 3 Baths ⋅ ML82065390 MLS ⋅ 365 Forest Homeowner's Assoc BLDG.
Light-filled two-story condominium in a prime downtown Palo Alto location. A gracious entry with great storage welcomes you, and the main levels open floor plan flows from a living room with a fireplace to a dining room bathed in natural light, all opening onto a large balcony made for morning coffee or evening entertaining. The handsome kitchen, with its stainless steel appliances, opens to the dining area, and an elegant powder room completes the floor. Upstairs are three bedrooms, two full bathrooms, and convenient in-unit laundry, including a primary suite with its own private balcony, three closets, and a beautiful bathroom. With all three bathrooms just renovated, refinished floors, and fresh paint throughout, this home is move-in ready. Two secure underground parking spaces (one with EV charging), excellent public schools (Addison Elementary, Greene Middle, and Palo Alto High), and the farmers market right around the corner complete this rare opportunity in the heart of downtown Palo Alto.

365 Forest AVE 2F, Palo Alto

Listed by Brian Chancellor, 650-303-5511 from Christie's International Real Estate Sereno
(If provided) CoList: from

510 Waverley ST, Palo Alto
$3,450,000
ML82064622 MLS
Located in downtown Palo Alto, this mixed-use property is zoned CD-C(P) which allows for the second floor to be converted into residential. Ground floor is 2,570 square feet and leased to one office tenant and one retail tenant. Take advantage of up to 2,500 bonus square feet completing a historical upgrade to the building and use the bonus square footage to build out a residential unit on the second floor. The property is served by the Palo Alto Unified elementary school district. The building features central forced air heating and central air conditioning for year-round comfort. Notably, there is an exclusive parking area behind the building for 7 on site parking stalls. This property provides a value add opportunity for an investor interested in expanding the square footage of the property with a second floor residential unit, improving the ground floor rental rate with fresh cosmetic renovations.

510 Waverley ST, Palo Alto

Listed by David O'such, 650-465-1100 from Cornish & Carey Commercial
(If provided) CoList: from

555 Byron ST 402, Palo Alto
$2,395,000
2 Beds ⋅ 2 Baths ⋅ ML82063939 MLS ⋅ The Hamilton BLDG.
One of the Hamilton's finest residences: a corner penthouse with no neighbors overhead, indoor/outdoor living with light-filled rooms and slate-tiled terraces, and a one-of-a-kind configuration. The 2-bedroom/den, 1.5-bath main residence is joined by a separate and uniquely flexible 1-bedroom, 1-bath suite across the terrace, ideal for a guest, caregiver or home workspace. Bright interiors offer sweeping tree views, limestone and hardwood floors, a gas-log fireplace, and an extra-large eat-in kitchen with maple cabinetry and granite counters. Approximately 1,813 sq. ft. Deeded parking and storage. The Hamilton, a 55+ community, offers a 24-hour staffed lobby, dining room, heated indoor pool, fitness classes, concierge, a town car, housekeeping, and reservable guest rooms for visitors, all within a block of shops and restaurants.

555 Byron ST 402, Palo Alto

Listed by Nicole Aron, 650-740-7954 from Compass
(If provided) CoList: from

1111 Alma ST, Palo Alto
$2,698,000
3 Beds ⋅ 2 Baths ⋅ ML82063935 MLS
We are very pleased to present a truly unique residential compound that redefines the standard for flexible living in Palo Alto. The property features a 3-bedroom / 2-bathroom main residence, which has been walled off to create a 2-bedroom / 1-bathroom, and an attached 1-bedroom / 1-bathroom with it's own entrance. This is complemented by two additional detached structures. This rare configuration offers a level of versatility seldom found in the local market, making it an ideal acquisition for buyers looking to maximize both utility and long-term property value. The property's primary appeal lies in its versatility. The two auxiliary structures provide a turnkey solution for a variety of modern living needs, whether you are hosting a multigenerational family or seeking consistent rental income in a high-demand zip code. The ability to separate work, guest, and living spaces within a single lot offers a level of privacy and adaptability that is increasingly essential for the Silicon Valley lifestyle. This is more than a home; it is a strategic asset in one of the worlds most resilient real estate markets. By combining a prime location with a high-density, multi-unit layout, this property represents a premier opportunity for the discerning investor or homeowner.

1111 Alma ST, Palo Alto

Listed by Ryan Eltherington, 650-492-0088 from Midtown Realty
(If provided) CoList: from

655 Embarcadero RD, Palo Alto
$1,800,000
4 Beds ⋅ 2 Baths ⋅ ML82063110 MLS
Spooky season is almost here, and this one comes with a frightfully long to-do list! Built in 1926, this property is being offered in its current gutted, unfinished condition and presents an opportunity for someone with vision, imagination, and a willingness to take on a substantial renovation or possible rebuild (buyer to check with city). The interior has been stripped to the studs and subfloor. Work was started at some point within approximately the past 10 years, but the renovation remains incomplete. The property currently features exposed framing, subfloor, older exterior siding and most of the existing roof, with a portion missing. The generally flat lot is currently mostly bare dirt without landscaping. The history of the home and prior work is unknown. No tricks here, just a very real renovation project with plenty of potential! Bring your contractor, architect, imagination...and maybe a flashlight. Property is being sold in its present condition. Features/statistics (bedrooms, bathrooms, rooms, square footages) were auto populated through MLS. Buyers are encouraged to conduct their own due diligence regarding the property's condition, history, permits, zoning, utilities, structure, and feasibility of any proposed improvements.

655 Embarcadero RD, Palo Alto

Listed by Jeri Richardson-Daines, 650-208-7846 from NuTerra Real Estate Group
(If provided) CoList: from

Sold listing courtesy of Alicia Nardini from NTRR

165 Forest AVE 2C, Palo Alto
$1,499,800
2 Beds ⋅ 2 Baths ⋅ ML82061776 MLS
Stylish and sophisticated downtown Palo Alto inside corner condo unit blending contemporary comfort with distinctive architectural character. Newly refinished oak hardwood floors flow through the open living and dining areas, highlighted by abundant natural light and a wood-burning fireplace with a seamless marble slab surround. The open kitchen features custom rich dark-wood cabinetry, premium stone countertops, stainless steel appliances, a unique bronze-tinted glass backsplash, and a generous peninsula ideal for cooking and entertaining. Custom built-in buffet cabinetry enhances the dining area. Spacious bedrooms offer hardwood floors, ample closest spaces, and newly installed Mitsubishi mini-split individual climate control; the primary suite includes a built-in workspace and sliding doors open to a private patio. Spa-inspired baths feature floor-to-ceiling natural stone tile, heated floors, frameless glass enclosures, Grohe thermostatic fixtures, a soaking tub, sculptural black vessel sinks and designer VOLA wall-mounted faucets. Hunter Douglas SilhouetteÃî shades, five closets, and full-size side-by-side laundry, two underground parking spots with a storage closet complete the home. Prime downtown location near Whole Foods, Caltrain, PAMF, restaurants, cafes and shops.

165 Forest AVE 2C, Palo Alto

Listed by Delia Fei, 650-269-3422 from Compass
(If provided) CoList: from

911 Cowper ST, Palo Alto
$2,400,000
3 Beds ⋅ 3 Baths ⋅ ML82061640 MLS
Experience the refined ease of downtown Palo Alto living in this meticulously renovated townhouse, with approximately 1,700 square feet of elegant living space. Ideally located just four blocks from the shops, restaurants, and cafés of University Avenue, this exceptional residence offers the rare combination of urban convenience, sophisticated interiors, and a serene private setting. A private courtyard entrance welcomes you to the secluded ground-floor bedroom suite, complete with its own garden patio. The main living level is filled with natural light, soaring ceilings, oversized windows, and beautiful oak hardwood floors creating an inviting sense of openness. The sleek gourmet kitchen features elegant granite countertops and premium appliances. Adjacent to the kitchen, the dining area enjoys peaceful treetop views, while the gracious living roomanchored by a wood-burning fireplaceproviding a warm and sophisticated setting. The third floor is a private sanctuary, featuring two beautifully remodeled bedrooms, each with its own ensuite bath. Situated within the highly regarded Palo Alto school district and just minutes from Stanford University, this distinctive residence offers an exceptional lifestyle in one of Silicon Valleys most sought-after downtown neighborhoods.

911 Cowper ST, Palo Alto

Listed by Erika Demma, 650-740-2970 from Compass
(If provided) CoList: from

Sold listing courtesy of Nivin Khalil from KWSV

102 University AVE 3B, Palo Alto
$4,995,000
2 Beds ⋅ 3 Baths ⋅ ML82061598 MLS
* * A Statement Property * * Designed by renowned architect Joseph Bellomo for those who appreciate exceptional architecture, uncompromising craftsmanship, and a low-maintenance luxury lifestyle, this extraordinary residence stands alone in the Bay Area. Located in the heart of vibrant downtown Palo Alto, this iconic glass, concrete, and steel landmark showcases award-winning architecture with dramatic floor-to-ceiling glass, sculptural metal screening, and striking contemporary design. Enjoy year-round comfort with an advanced hydronic radiant floor heating/cooling system, extra-quiet double-insulated Low-E windows, and abundant natural light. Take the car elevator to the secure underground parking with two dedicated spaces, then take the elevator directly to the main courtyard. The thoughtfully designed floor plan features an open-concept kitchen, living and dining area, office, powder room, two luxurious bedroom suites, and upstairs laundry. Above it all is an extraordinary rooftop garden with 3 feet of soil and spectacular 360-degree views of downtown Palo Alto, the Bay Area, and surrounding foothills. More than a luxury condo, this is a rare architectural masterpiece and a once-in-a-generation opportunity to own one of Silicon Valley's most distinctive residences.

102 University AVE 3B, Palo Alto

Listed by Mark Martinho, 650-346-1595 from Vabrato
(If provided) CoList: Vivienne Kelvin from Vabrato

633 Forest AVE, Palo Alto
$1,695,000
2 Beds ⋅ 2 Baths ⋅ ML82061201 MLS
All the benefits of downtown Palo Alto. None of the noise. Tucked into the back of a small 18-unit community on Forest Avenue, this two-level corner townhouse sits at the interior of the city block, insulated from the street, quiet in a way that takes you by surprise, with a private patio that catches the afternoon sun and holds it through sunset. The neighbors aren't above you or below you. Two blocks away, University Avenue's restaurants and boutiques are doing exactly what they always do. Caltrain is minutes away. Palo Alto's dedicated bike lane network makes the commute even easier. The home has been thoughtfully updated, with a renovated kitchen and refreshed baths that bring the interiors squarely into the present. New flooring throughout, an open living area, and sliding glass doors lead to that quiet patio. Two generous bedrooms upstairs. Two assigned secure underground parking spaces. A private community pool. In-unit laundry. Spend weekends exploring the neighborhood or traveling without a second thought For buyers stepping into Palo Alto from San Francisco or transitioning from a larger home nearby, 633 Forest Ave delivers the address, the schools, and the lifestyle in a form that works harder and requires less.

633 Forest AVE, Palo Alto

Listed by Robert Herzog, 650-804-8831 from Compass
(If provided) CoList: from

Sold listing courtesy of Sunny Dykwel from COMPS

872 Waverley ST, Palo Alto
$4,580,000
3 Beds ⋅ 4 Baths ⋅ ML82060684 MLS
A rare find just minutes from Palo Alto's vibrant downtown, this quality-constructed home seamlessly blends timeless elegance with modern convenience. Thoughtfully designed with sophisticated details throughout, the residence features crown molding, plantation shutters, and custom cabinetry. The main level showcases beautiful hickory hardwood floors and a living room centered around a fireplace with a marble surround. An open-concept dining room flows effortlessly into the spacious family room and chef's kitchen, outfitted with a generous center island and top-tier appliances Upstairs, two luxurious en-suite bedrooms offer peaceful retreats, highlighted by a primary suite with a vaulted ceiling and a spa-inspired bath. Outside, manicured, low-maintenance landscaping and a back patio complement a charming covered porch that extends your living space into the outdoors. Adding exceptional versatility, the detached 2 car garage features an upper-level studio complete with a full kitchen, bath, walk-in closet, and dedicated parking space perfect for hosting guests, a private home office, or rental income. Situated on a prime corner lot adjacent to Heritage Park, this turn-key property offers an unmatched lifestyle just moments from top-rated schools, Stanford, and major tech hubs.

872 Waverley ST, Palo Alto

Listed by The Dreyfus Group, 650-485-3476 from Golden Gate Sotheby's International Realty
(If provided) CoList: from

Sold listing courtesy of Young Platinum Group from DP

722 Ramona ST, Palo Alto
$1,350,000
2 Beds ⋅ 1 Baths ⋅ ML82060225 MLS ⋅ Ramona Townhouses BLDG.
Enjoy the best of Downtown Palo Alto living from this spacious 2bed/1bath condominium just moments from the heart of University Avenue. With approximately 1100sf of comfortable living space, this recently updated first-floor home offers an easy indoor-outdoor lifestyle, highlighted by a large, private front patio ideal for morning coffee, outdoor dining, or relaxing with friends, plus a rear patio. Step outside and leave the car behind. Whole Foods, neighborhood cafes, acclaimed restaurants, farmers market, parks, shops, everyday conveniences, and the Palo Alto Transit Center are all just a few blocks away, putting downtown life within effortless reach. Easy access to Stanford, Silicon Valley, San Francisco. The home includes deeded covered parking within a secure parking area, a valuable convenience in this highly walkable location. EV charging in permit process per HOA. Check out City of PA Downtown Residential Parking Permit Program for availability of additional permitted street parking. Living Space Square Footage: 1088sf per county records; 1108sf per floor plan measurement. Whether your primary home or the perfect pied-a-terre, this home offers a rare opportunity to combine generous living space, private outdoor areas, and an exceptional downtown Palo Alto setting.

722 Ramona ST, Palo Alto

Listed by Dan Ziony, 650-201-1010 from Compass
(If provided) CoList: Robert Purnell from Compass

Sold listing courtesy of Zack Zhang from MXR

302 Channing AVE, Palo Alto
$3,398,933
3 Beds ⋅ 3 Baths ⋅ ML82058888 MLS
Step into your own private sanctuary at 302 Channing Avenue, a residence that perfectly balances the energy of downtown Palo Alto with the quietude of a secluded retreat. Tucked behind a discreet front gate, this home immediately feels like your own little world, offering a sense of calm and privacy that is rare to find so close to the action. The interior is a showcase of sophisticated, high-end finishes where every detail has been thoughtfully curated. From the rich flooring to the designer fixtures, the aesthetic is timeless yet modern. The layout flows effortlessly, creating an inviting atmosphere that's as suited for intimate evenings as it is for lively gatherings. With a kitchen that would delight any chef and living spaces bathed in natural light, the home feels both expansive and cozy. This is truly a turn-key opportunity. Every inch of the property has been meticulously maintained, allowing you to move right in and start enjoying the lifestyle from day one. When you do decide to venture out, you're just moments away from the world-class dining, premier shopping, and vibrant coffee culture of University Avenue. Experience the best of Palo Alto living in a home that offers a beautiful escape without sacrificing proximity to the heart of the city.

302 Channing AVE, Palo Alto

Listed by DonnaMarie Baldwin, 650-796-6080 from Compass
(If provided) CoList: from

Sold listing courtesy of DonnaMarie Baldwin from APR

755 Ramona ST, Palo Alto
$1,680,000
2 Beds ⋅ 2 Baths ⋅ ML82058912 MLS ⋅ Victorian Townhouse Association BLDG.
Rarely available Victorian townhome in the heart of downtown Palo Alto, Ideally located just one block from Whole Foods and three blocks from the Caltrain station. This charming 1,290 sq. ft. residence features two bedrooms and one full bath with both a shower and tub on the upper level, along with convenient in-home laundry. A half bath is located on the main floor. The home showcases newly refinished red oak hardwood floors, double-pane Marvin windows, updated lighting, and fresh interior paint throughout. The inviting living room features a wood-burning fireplace, while radiant floor heating provides year-round comfort. Abundant natural light pours in through a skylight, and the high bedroom ceilings enhance the home's spacious feel. A private patio adjacent to the kitchen and dining area creates an ideal setting for outdoor dining and entertaining. The Victorian Townhouse Association consists of just seven homes, offering a boutique residential setting. Additional amenities include a shared paved driveway and two assigned parking spaces.

755 Ramona ST, Palo Alto

Listed by Elizabeth Elliott Maulick, 650-799-3130 from Compass
(If provided) CoList: from

Sold listing courtesy of Brian Chancellor from SGP

837 Cowper ST, Palo Alto
$11,000,000
ML82056815 MLS
* Nestled in the heart of Downtown Palo Alto University South, one of Palo Altos most desirable neighborhood and a few minutes away from Palo Alto CALTrain station. * The property presents a rare opportunity to own a 14-unit multi-family property offering both strong income and long-term growth potential. * Built in 1961 on an expansive 17,500 sqft (0.40 acre) lot, this 2-story building features approximately12,830 sqft of living area, (740-1100 sqft per unit, buyer to verify square footage). * All the units have 3-4 sided independent walls & balconies, granite slab, newer appliances and fixtures. Most have dishwasher, washer and dryer in unit. * The property's beautifully landscaped grounds are a standout feature with a variety of mature fruit trees & a peaceful garden courtyard that creates a serene atmosphere for residents. * The 1- & 2-bed apartments' actual rents ($2,900 -$5,100/mo) in one of the regions strongest rental markets. * 11 units were remodeled in 2022-2023 and the rest of 3 units were updated approximately 10 years ago. * Roof, gutter, furnaces, windows, hot water heaters, circulator etc. were replaced over the years of ownership. * Ample off-street permitted parking & on-site laundry facilities. * Deck, property & termite reports available. * An A+ property.

837 Cowper ST, Palo Alto

Listed by Monica Yeung Arima, 650-888-4116 from Yarkin Realty
(If provided) CoList: from

800 High ST 111, Palo Alto
$2,800,000
3 Beds ⋅ 3 Baths ⋅ ML82057765 MLS
Rarely does an offering of this caliber come to market in one of downtown Palo Alto's premier locations. Built in 2006, this 3BR/3BA residence with a dedicated office spans approximately 1,748 SF and is distinguished by its private High Street entrance, impressive ceiling heights, graciously scaled interiors, and thoughtfully composed two-level design that evokes the substance and presence of a single-family home. Natural light streams through expansive windows, illuminating hardwood floors, custom built-in cabinetry, and a sophisticated designer palette, all contributing to an understated sense of modern luxury. Completely renovated, the kitchen pairs sophisticated finishes with exceptional function while overlooking the open living and dining areas. Main-level accommodations include a dedicated office with a custom-fitted closet, offering flexibility as an additional bedroom, complemented by a full hall bath. Upstairs, a spacious primary suite with an elegant ensuite bath is joined by two additional bedrooms, a full hall bath, and a laundry room. Two parking spaces and a private storage closet add convenience, while University Avenue, acclaimed dining, boutique shopping, Whole Foods, parks, transit, and highly regarded Palo Alto schools are just moments away.

800 High ST 111, Palo Alto

Listed by Nicholas Delis, 650-515-6394 from Compass
(If provided) CoList: from

Sold listing courtesy of Heidi Herz from GGSIR

640 Waverley ST, Palo Alto
$12,500,000
7 Beds ⋅ 7 Baths ⋅ ML82057145 MLS
This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

640 Waverley ST, Palo Alto

Listed by Frank De Bernardo, 831-901-2324 from eXp Realty of Northern California, Inc.
(If provided) CoList: from

837 Cowper ST, Palo Alto
$11,000,000
5 Beds ⋅ ML82056833 MLS
* Nestled in the heart of Downtown Palo Alto University South, one of Palo Altos most desirable neighborhood and a few minutes away from Palo Alto CALTrain station. * The property presents a rare opportunity to own a 14-unit multi-family property offering both strong income and long-term growth potential. * Built in 1961 on an expansive 17,500 sqft (0.40 acre) lot, this 2-story building features approximately12,830 sqft of living area, (740-1100 sqft per unit, buyer to verify square footage). * All the units have 3-4 sided independent walls & balconies, granite slab, newer appliances and fixtures. Most have dishwasher, washer and dryer in unit. * The property's beautifully landscaped grounds are a standout feature with a variety of mature fruit trees & a peaceful garden courtyard that creates a serene atmosphere for residents. * The 1- & 2-bed apartments' actual rents ($2,900 -$5,100/mo) in one of the regions strongest rental markets. * 11 units were remodeled in 2022-2023 and the rest of 3 units were updated approximately 10 years ago. * Roof, gutter, furnaces, windows, hot water heaters, circulator etc. were replaced over the years of ownership. * Ample off-street permitted parking & on-site laundry facilities. * Deck, property & termite reports available. * An A+ property.

837 Cowper ST, Palo Alto

Listed by Monica Yeung Arima, 650-888-4116 from Yarkin Realty
(If provided) CoList: from

102 University AVE 3C, Palo Alto
$3,725,000
2 Beds ⋅ 3 Baths ⋅ ML82052145 MLS
**A home as unique as you are.** Designed by renowned architect Joseph Bellomo for those who appreciate exceptional architecture, uncompromising craftsmanship, and a low-maintenance luxury lifestyle, this extraordinary residence stands alone in the Bay Area. Located in the heart of vibrant downtown Palo Alto, this iconic glass, concrete, and steel landmark showcases award-winning architecture with dramatic floor-to-ceiling glass, sculptural metal screening, and striking contemporary design. Enjoy year-round comfort with an advanced hydronic radiant floor heating/cooling system, extra-quiet double-insulated Low-E windows, and abundant natural light. Take the car elevator to the secure underground parking with two dedicated spaces, then take the elevator directly to the main courtyard. The thoughtfully designed floor plan features an open-concept kitchen, living and dining area, office, powder room, two luxurious bedroom suites, and upstairs laundry. Above it all is an extraordinary rooftop garden with 3 feet of soil and spectacular 360-degree views of downtown Palo Alto, the Bay Area, and surrounding foothills. More than a luxury condo, this is a rare architectural masterpiece and a once-in-a-generation opportunity to own one of Silicon Valley's most distinctive residences.

102 University AVE 3C, Palo Alto

Listed by Mark Martinho, 650-346-1595 from Vabrato
(If provided) CoList: Vivienne Kelvin from Vabrato

Sold listing courtesy of Vidya Murthy from RDFIN

530 Webster ST, Palo Alto
$10,250,000
ML82054084 MLS ⋅ 530 Webster Street BLDG.
A rare 16-unit trophy asset in the heart of Downtown Palo Alto. This stunning 1920s-era Spanish Colonial Revival building sits on a generous 15,000 SF lot with 11,035 SF of building area, half a block from University Avenue's renowned dining, shopping, and retail - an A+ location that speaks for itself. The unit mix features 9 1-bed/1-bath units and 7 oversized studios, almost all with updated kitchens and baths, and in-unit laundry in all large 1-bedroom units. The property is a showpiece: tile roofline, stucco exterior, arched windows/doorways, wrought-iron, and a lushly landscaped courtyard centered on a classic tiered fountain - the kind of building people stop to photograph. Ownership invested ~$1.3M in capital improvements in 2019, including new 400 AMP electrical panel, updated interior sub-panels, copper plumbing, Romex wiring, and exterior stucco refresh. 8 onsite garages, add'l storage, and dedicated laundry room. Recently signed June 2026 leases confirm market rents are achievable. Rarely does a property like this come to market - an architectural beauty in an irreplaceable location, offering stable in-place cash flow, proven rent upside, and the kind of curb appeal that simply can't be built today. A true once-in-a-generation opportunity for the discerning investor!

530 Webster ST, Palo Alto

Listed by Kelly Griggs, 650-464-1965 from Coldwell Banker Realty
(If provided) CoList: Billy McNair from Coldwell Banker Realty

Sold listing courtesy of Xin Jiang from APR

325 Channing AVE 112, Palo Alto
$3,698,000
2 Beds ⋅ 3 Baths ⋅ ML82053526 MLS
One of the most desirable units in this highly sought-after Palo Alto location: Woodmark at University Park. With its own private entry, the foyer leads to the elegant great room featuring high ceilings, hardwood floors, a spacious living area with fireplace flanked by built-in bookcases, dining area with designer pendant and library/office with custom cabinetry behind pocket doors. French doors create a seamless flow to the private patio, perfect for entertainment. The kitchen features stone countertops, high-end appliances, and counter seating. Bedroom ensuites are upstairs, including the primary with a seating area and spacious bathroom with soaking tub, step-in shower, and custom walk-in closet. Set on a quiet walk way adjacant to Heritage Park, within strolling distance to University Avenue, Farmers Market, Town and Country Village, Whole Foods, Stanford, and outstanding Palo Alto Schools. Two secured parking spaces, storage unit, and bike storage.

325 Channing AVE 112, Palo Alto

Listed by Judy Decker, 650-799-4294 from Compass
(If provided) CoList: from

1061 Alma ST, Palo Alto
$3,500,000
4 Beds ⋅ ML82053370 MLS
Located 5 minutes from downtown Palo Alto, 1061 Alma Street presents a rare and exceptionally well-situated investment opportunity. This prime fourplex offers stable cash flow with significant long-term appreciation potential in one of the world's most desirable real estate markets. The property features a highly functional layout with strong tenant appeal, making it an ideal addition to any investment portfolio or a perfect candidate for a 1031 exchange. Its distinct curb appeal, complete with a classic white picket fence and low-maintenance landscaping, stands out in a high-demand rental corridor Positioned just blocks from University Avenue, residents enjoy immediate access to world class dining, premier retail, and public transit. Proximity to Stanford University, major Silicon Valley tech campuses, and top-tier local schools ensures a consistent, high-quality tenant pool for years to come

1061 Alma ST, Palo Alto

Listed by Ephan Liu, 650-741-1466 from Wilbur Properties
(If provided) CoList: from

640 Waverley ST, Palo Alto
$12,500,000
ML82051028 MLS
This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

640 Waverley ST, Palo Alto

Listed by Frank De Bernardo, 831-901-2324 from eXp Realty of Northern California, Inc.
(If provided) CoList: from

483 Forest AVE E, Palo Alto
$1,700,000
2 Beds ⋅ 2 Baths ⋅ ML82031975 MLS
Located in the heart of Palo Alto, one of Silicon Valley's most sought-after zip codes, this 2-bedroom, 2-bathroom condo offers the epitome of comfort and convenience. Jump-start your mornings at nearby coffee shops, including Philz Coffee, Blue Bottle and Starbucks. Enjoy close proximity to the bustling University Avenue and world-class dining and shopping at Stanford Shopping Center, which features luxury brands. The location also offers easy access to major tech hubs and multiple transit options, including Caltrain, El Camino Real, and Highway 101. You'll be in close proximity to tech giants such as Google, Meta, and Tesla, renowned educational institutions like Stanford University and leading medical centers. Additionally, this condo is located near highly sought-after Palo Alto schools Addison/Greene/Paly (buyer to verify).

483 Forest AVE E, Palo Alto

Listed by Alex Wang, 650-800-8840 from Rainmaker Real Estate
(If provided) CoList: Yao Li from Rainmaker Real Estate

Sold listing courtesy of Dana Carmel from RPSNT

831 Kipling ST, Palo Alto
$3,375,000
8 Beds ⋅ ML82050193 MLS
True pride of ownership 3-unit opportunity in core downtown Palo Alto. This immaculately maintained property contains two large 3+2 Townhome-Style units and (1) 2+2 Flat. Each unit has access to a 1-car garage and 1-tandem parking spot. 831-835 Kipling features many amenities such as updated kitchens and baths including modern appliances and finishes, wood or LVP flooring, forced air heat (all units), AC (one unit); Trex decking, is SB721 compliant, and electric vehicle charging (1 unit). The property is located moments to Stanford University, Shopping Center, and Health Care system, is transit-oriented being a short walk to the Palo Alto Caltrain station, and benefits from quaint retail and restaurants of University Avenue. Additionally, the property feeds to highly rated schools. This opportunity is a great fit for owner-occupiers, generational co-living, or investors alike.

831 Kipling ST, Palo Alto

Listed by Joel Hopman, 415-722-2200 from Newmark Cornish & Carey
(If provided) CoList: Steve Zirelli from Cornish & Carey Commercial

Sold listing courtesy of Joel Hopman from NEWCC

729 Waverley ST, Palo Alto
$3,250,000
ML82049696 MLS
727-729 Waverley St offers apartment investors an exceptional opportunity to acquire an income-producing property in one of the strongest rental markets in the world. Located just two blocks from the heart of downtown Palo Alto in the University South Neighborhood where only 7 multifamily (5+ units) properties have sold in the past 10 years. The property consists of six 1-bedroom, 1-bathroom units and two nonconforming bachelor studios (bedroom and bathroom only). Situated on a 7,500-square-foot lot with RM-30 zoning in the predominantly residential University South neighborhood, the property has been well maintained with updated electrical panels, a new rear stairway (all sb721 required EEEs passed inspection in "sound condition"), and numerous additional repairs completed as needed. Current rents are below market, presenting significant upside potential for a new owner, with three units immediately available for rent increases. Residents also benefit from an on-site leased coin-operated laundry facility serving all units. (note: the property address is 727-729 Waverley, 2 buildings on one lot)

729 Waverley ST, Palo Alto

Listed by Bryan Danforth, 650-274-5227 from Compass
(If provided) CoList: Matthew Thomson from Compass

Sold listing courtesy of Bryan Danforth from APR

612 Forest AVE, Palo Alto
$1,809,000
2 Beds ⋅ 3 Baths ⋅ ML82049183 MLS
Offered in Turnkey, Move-In Condition Welcome to an effortless Silicon Valley lifestyle in the heart of the highly desirable University South neighborhood. This refined downtown townhouse offers the perfect blend of a quiet, private sanctuary with an upscale, highly walkable urban lifestyle. Close to 1,400 square feet of bright, open, and freshly painted interiors. Double-pane windows throughout. Gourmet Chef's Kitchen Equipped with a premium suite of Bosch stainless steel appliances, granite countertops, and a breakfast bar. Seamless Entertaining: An open floor plan where the kitchen flows beautifully into the dining area and a spacious living room. Private Outdoor Sanctuary-Sliding doors lead to a peaceful private slate patio, perfect for relaxing or al fresco dining. Dual Primary Suites-Two generous upstairs bedroom suites, privately situated with beautifully updated bathrooms. Everyday Convenience, Main-level powder room for guests, convenient laundry area, and an extra storage unit. Secure Parking direct access to an underground, secure gated garage with 2 dedicated parking spots. Just blocks to University Ave shopping and dining, with easy access to Stanford, Caltrain, and Hwy 101.

612 Forest AVE, Palo Alto

Listed by Jennifer Lin, 408-561-0088 from Green Valley Realty USA
(If provided) CoList: from

Sold listing courtesy of Belle Nguyen from APR

519 Webster, Palo Alto
$6,200,000
3 Beds ⋅ 5 Baths ⋅ ML82048734 MLS
Downtown Palo Alto's most exclusive & high-end Penthouse now available for sale. Live among the birds on the 3rd & 4th floor living spaces and expansive roof deck with ultimate privacy and unparalleled natural light in every direction. Enter your private vestibule on the main floor and head up to your exclusive retreat via elevator. Elevator opens directly into penthouse foyer. Features stunning great room with 10' ceilings & nana door/walls of glass that fold open to the west. High-end chefs kitchens with custom cabinetry & Thermador appliances. Palo Altos most exclusive and private roof terrace is roughly 1,900sf and accessed through an interior atrium, a space unlike any other outdoor living space in all of downtown Palo Alto. Sizable and elegant alike, the roof deck includes a fire pit with several different living & dining spaces and views of the Palo Alto skyline and western hills. Primary suite with spa-like bath, two other bedrooms with en-suite bathrooms, plus a board room/office/gym with half bath. Oversized, private 2 car garage with EV charging. 2 Parcels off University Ave in the heart of vibrant, sought after downtown Palo Alto makes this Penthouse living a once in a generation opportunity.

519 Webster, Palo Alto

Listed by Zach Trailer, 650-906-8008 from Compass
(If provided) CoList: from

Sold listing courtesy of Cecily Zhang from COMPS

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