Prestigious Downtown Palo Alto Single Family Home Opportunity, first time on the market in over 3 decades! The property is currently being used as an office/residential building. The property has 3 units, Unit A & B are office/medical office with 9 private offices and 3 1/2 baths. Unit C is a 3-bedroom/1-bathroom residential unit with a charming outdoor yard. All 3 units including the residential unit are connected by internal doors which can be closed off to either separate the building to 3 units or connect the units. The RM-40 zoning that the property is in allows for the building to be used as a single family home which is very rare in Downtown Palo Alto. The property is situated on a 5,000 SF lot on the corner of University Ave and Byron St with 2 parking spaces on the Byron St side of the property. Live work potential to occupy the office units and live in the residential unit or use the entire property as a single family home. The property will be delivered vacant at close of escrow. Palo Alto, known as the Birthplace of Silicon Valley, is home to 69,700 residents and nearly 100,000 jobs. Home to Stanford University and a top-ranked public school system, Palo Alto also features beautiful and historic residential neighborhoods, vibrant shopping and retail districts.
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 2
Living Area: 3,624 SqFt
Listing Office:
Office Name: Meacham Oppenheimer, Inc.
Office Phone: (408) 378-5900
Listing Agent: Jeremy Awdisho
Interior Features
Bedroom and Bathroom Information:
Partial Bathrooms: 3
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: No
Parking: Uncovered
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: Cross Street: Byron Street
Price Information
Listing Price Info
Price Summary:
List Price: $3,750,000
Price Per SqFt: $1,035/SqFt
Tax Information:
Annual Amount: $13,355
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Palo Alto, CA.
This property is $396.7K more than the Median Sold Price and $749/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: #ML81973251
Listing Office:
Office Name: Meacham Oppenheimer, Inc.
Office Phone: (408) 378-5900
Listing Agent: Jeremy Awdisho
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: 12/21/2024, 10:21:00 AM 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
$13,355
$1,054,979
2020
$13,355
$1,044,162
2019
$12,870
$1,023,689
2018
$12,870
$1,003,618
2017
$12,644
$983,940
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
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.46 miles
Public District Grades KG-5
8
/10
Walter Hays Elementary School
1525 Midfield Rd
Distance between this listing and this school0.91 miles
Public District Grades KG-5
8
/10
Duveneck Elementary School
705 Alester Ave
Distance between this listing and this school1.26 miles
Public District Grades KG-5
Nearby Schools
3
/10
Kipp Valiant Community Preparatory
2086 Clarke Ave
Distance between this listing and this school0.87 miles
Public Charter Grades KG-8
8
/10
Frank S. Greene Jr Middle School
750 N CA Ave
Distance between this listing and this school1.47 miles
Public District Grades 6-8
2
/10
Cesar Chavez Ravenswood Middle School
2450 Ralmar Ave
Distance between this listing and this school1.74 miles
Public District Grades 6-8
Nearby Schools
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school0.90 miles
Public District Grades 9-12
7
/10
Menlo-Atherton High School
555 Midfield Rd
Distance between this listing and this school1.23 miles
Public District Grades 9-12
3
/10
East Palo Alto Academy
1050 Myrtle St
Distance between this listing and this school1.67 miles
The neighbors living near this home have an average income of $92,457. The most common annual income of people living in Palo Alto, CA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 630 University Ave
What is the listing price of this property?
The listing price of 630 University Ave property is $3,750,000.
What type of property is this?
The property 630 University Ave is a house located in Palo Alto, California, 94301.
Is this property for sale now?
Sale Pending: 630 University Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $13,355 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 630 University Ave has 3 bedrooms and 1 full and 3 half bathrooms.
What is the square footage of this property?
The property 630 University Ave is 3,624 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 630 University Ave is 1940.
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This home is located at 630 University Ave in Palo Alto, CA and zip code 94301 in the University South neighborhood. This 3,624 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $3,750,000.
While more than 24 listings in Palo Alto, CA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. The number of homes for sale in Palo Alto, CA decreased by 31.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 28 days, the median list price was $3,353,250.
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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