Home | Santa Clara County | Palo Alto | 94306 | 301 College Ave
MLS: ML82064694 | Status: Active | Price: $3,995,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,290 | 6,575 | 1968 |
Rare opportunity to own an exceptionally spacious triplex in Palo Altos desirable College Terrace neighborhood, offering approximately 4,350 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.
| Field | Value |
|---|---|
| MLS # | ML82064694 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Kitchen | Exhaust Fan |
| Appliances | Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Double, Refrigerator |
| Flooring | Carpet, Laminate |
| Laundry | Coin Operated |
| Cooling | Central Forced Air - Gas |
| Heating | Central Forced Air - Gas |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Garage: 0 Car(s) |
| Elementary District | Palo Alto Unified |
| High School District | Palo Alto Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | RM3T |
Bouja & Swenson Group
Golden Gate Sotheby's International Realty
License #: 01361313
Phone: (408) 655-9398
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,767 | 3 | 2/1 | $4,475 |
| 2 | 1,156 | 3 | 2/0 | $4,050 |
| 3 | 1,322 | 2 | 2/0 | $3,900 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of October 17, 2026. For the most current information, please contact Bouja & Swenson Group, (408) 655-9398.