$2,600,000
- 3 Beds
- 2 Baths
- 1,545 Sq Ft
2145 Park Blvd, Palo Alto, CA 94306
Bryan Danforth Compass
$2,600,000
2145 Park Blvd, Palo Alto, CA 94306
Bryan Danforth Compass
$13,888,000
231 Churchill Ave, Palo Alto, CA 94301
Vivian Jiang Maxreal
$3,488,000
151 Colorado Ave, Palo Alto, CA 94301
Olivia Lee RE/MAX Gold Redwood Shores.
$3,240,000
756 Waverley St, Palo Alto, CA 94301
Michael Repka Deleon Realty
$2,798,888
250 Fernando Ave, Palo Alto, CA 94306
Michael Camarena Intempus Realty
$1,148,000
1831 Woodland Ave, East Palo Alto, CA 94303
David Lillo DPL Real Estate
$1,098,000
1827 Woodland Ave, East Palo Alto, CA 94303
David Lillo DPL Real Estate
$1,465,000
1879 Woodland Ave, East Palo Alto, CA 94303
Scott Kilpatrick Compass
$1,888,888
116 Daphne Way, East Palo Alto, CA 94303
Paymon Ghafouri Paymon Real Estate Group
Stanford University shapes daily life in Palo Alto, with its stunning architecture, gardens, and cultural attractions like the Cantor Center for Visual Arts and Rodin Sculpture Garden drawing visitors year-round. The city features extensive outdoor recreation, from the popular hiking trails at The Dish to birdwatching at Baylands Nature Preserve. The upscale Stanford Shopping Center and diverse dining scene, including acclaimed restaurants like Evvia Estiatorio and Nobu Palo Alto, create a sophisticated atmosphere.
The Palo Alto real estate market features distinct neighborhoods with varying price points. Single family homes in Old Palo Alto and Crescent Park command the highest prices with a median of $5,600,000. Downtown North single family homes have a median price of $2,850,000. Condominiums present a more accessible entry point, with one-bedroom units at a median price of $819,000 and two-bedroom units at $1,200,000. Townhomes have a median price of $2,100,000.
Property taxes in Palo Alto remain competitive at 0.71%, compared to nearby Menlo Park and Redwood City at 0.61%. The California state income tax rate is 1.00% for yearly salaries of $41,901, with a combined sales tax rate of 8.80%.
The city maintains excellent public schools, including Henry M. Gunn High School and Palo Alto High School, both rated A+ by Niche. Private options include the A+ rated Castilleja School. Commuters benefit from convenient access to Silicon Valley jobs via Caltrain, reaching San Francisco in 45 to 60 minutes and San Jose in 20 to 30 minutes. The Mediterranean climate features warm summers with temperatures in the 70s°F and mild winters rarely below 40°F.
On average, homes in Palo Alto, CA sell after 15 days on the market compared to the national average of 70 days. The median sale price for homes in Palo Alto, CA over the last 12 months is $3,600,000, up 6% from the median home sale price over the previous 12 months.
In Palo Alto, there are currently 9 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,098,000 to $13,888,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Palo Alto is $3,500,000, while the average sale price is $3,553,578, offering insights into the local housing market. On average, multi-family homes spend 15 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Palo Alto, CA.