200 College Avenue is an incredible opportunity to acquire a prime turn-key 6-unit apartment building in an outstanding Palo Alto location. (4) Two-Bedroom / One-Bath & (2) One-Bedroom / One-Bath, strategically positioned on a quiet cul-de-sac walking distance to all the shopping, dining & entertainment amenities of California Avenue. Strong in-place rents with best-in-class tenant profiles creating ability to add significant value with high-end renovations and achieve top market rents. All units have received some updates: 4 units have at least kitchen & bath updates and the other two have some interior updates. Many more updates to the major building systems: New Roof in 2023, Fully upgraded Electrical System (Main & Subpanels) in 2025, New Water Heater in 2022 and New Washer & Dryer in 2025, New Driveway Ramp - 2025. Dual pane windows throughout. Add ADU in tuck-under carport parking area! Ideal location in the epicenter of Silicon Valley, Evergreen Terrace neighborhood of Palo Alto, surrounded by major tech companies and good jobs. Within a ½ mile walk of: Stanford campus, California Ave, Caltrain Station, Peers Park, Jerry Bowden Park, Graduate housing, Sundance Steakhouse and other shopping and dining on El Camino Real, Stanford Business Park, Palo Alto High School
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LAST UPDATED
|
3/23/2026
|
YEAR BUILT
|
1968
|
|
COUNTY
|
Santa Clara
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| Elementary School |
Escondido Elementary |
| Jr. High School |
Frank S. Greene Middle |
| High School |
Palo Alto High |
| AIR |
None |
| GARAGE |
Attached Garage, Yes |
| HEAT |
Wall Furnace |
| LOT |
0 |
| LOT DIMENSIONS |
7500.00 |
| PARKING |
Attached, Carport |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| TAXES |
46772 |
| WATER |
Public |
| ZONING |
R2 |
Listed by Bryan Danforth | 650-274-5227, Compass
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 3/24/26 4:16 AM PDT. 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. Properties may or may not be listed by the office/agent presenting the information.
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