301 College AVE Palo Alto, CA 94306 Active
UPDATED: 10/20/2026 07:12 PM ON SITE: 10 days on site
$3,995,000
8 Beds6.5 Baths4,290 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,290 sqft
Price per Sqft $931
MLS Listing ID ML82064694
Bedrooms 8
Full Baths 6
Half Baths 1
Year Built 1968
Lot Size 6,575 Sqft
Property Sub-Type Triplex
Property Description
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.
Based on information from the MLSListings MLS as of 10/28/2026 08:01
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings Inc. MLS system. Real estate listings held by brokerage firms other than Blok are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
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The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. 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. Data last updated at 10/28/2026 08:01
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings Inc. MLS system. Real estate listings held by brokerage firms other than Blok are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.