1/8 mile south of Page Mill Road just off the El Camino Real. Located at Ventura area close to Stanford University and Palo Alto High School. Good Silicon Valley location. The complex consists of two-2 bedroom units and two-1 bedroom units. Great income producer. Do you have a college student? This property can also house your child who attends the university plus receive rental income to help with any operational costs of ownership. Own in one of the very best cities in Silicon Valley. Currently, the complex is fully occupied with long term occupants. Make this complex your next investment.
Property Details
Property Features
Property Information:
Year Built: 1950
Stories: 2
Living Area: 3,044 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (408) 355-1500
Listing Agent: Ted La Scola
Interior Features
Interior Information:
Appliances: Refrigerator
Exterior Features
Parking Information:
Parking: Uncovered, Workshop in Garage
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: From Page Mill Rd, go south about 1/8 mile to Margarita Ave and turn left to subject property. Cross Street: El Camino Real
Price Information
Listing Price Info
Price Summary:
List Price: $2,550,000
Price Per SqFt: $838/SqFt
Tax Information:
Annual Amount: $2,327
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Palo Alto, CA.
This property is $689K less than the Median Sold Price and $930/SqFt less than other homes in Palo Alto, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81969277
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (408) 355-1500
Listing Agent: Ted La Scola
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,327
$123,314
2020
$2,326
$122,051
2019
$2,250
$119,659
2018
$2,251
$117,313
2017
$2,208
$115,014
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
El Carmelo Elementary School
3024 Bryant St
Distance between this listing and this school0.46 miles
Public District Grades KG-5
7
/10
Barron Park Elementary School
800 Barron Ave
Distance between this listing and this school0.47 miles
Public District Grades KG-5
8
/10
Juana Briones Elementary School
4100 Orme St
Distance between this listing and this school0.93 miles
Public District Grades KG-5
Nearby Schools
8
/10
Jane Lathrop Stanford Middle School
480 E Meadow Dr
Distance between this listing and this school0.91 miles
Public District Grades 6-8
8
/10
Ellen Fletcher Middle School
655 Arastradero Rd
Distance between this listing and this school1.29 miles
Public District Grades 6-8
8
/10
Frank S. Greene Jr Middle School
750 N CA Ave
Distance between this listing and this school1.30 miles
Public District Grades 6-8
Nearby Schools
9
/10
Henry M. Gunn High School
780 Arastradero Rd
Distance between this listing and this school1.33 miles
Public District Grades 9-12
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school1.68 miles
Public District Grades 9-12
9
/10
Los Altos High School
201 Almond Ave
Distance between this listing and this school2.72 miles
The neighbors living near this home have an average income of $82,181. The most common annual income of people living in Palo Alto, CA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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This home is located at 474 Margarita Ave in Palo Alto, CA and zip code 94306 in the Ventura neighborhood. This 3,044 square foot home, which was built in 1950, sits on a 0.11 acre lot. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $2,550,000.
In October 2024, from all listings sold in Palo Alto, CA there were more than 33 sold above asking price, over 16 sold below and more than 2 were sold right at the asked price. Between September 2024 and October 2024, Palo Alto, CA real estate market has seen increase in the number of listings by 8%. While the average time on the market in October 2024 was 19 days, the median list price was $3,239,033.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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