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Old Palo Alto Multifamily Home for Sale

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    $13,888,000

    • 8 Beds
    • 4 Baths
    • 4,474 Sq Ft

    231 Churchill Ave, Palo Alto, CA 94301

    Rare opportunity to own a special property on a large lot in prestigious Old Palo Alto. The property features 4 cottages on an expansive flat 20,000 sq ft lot with mature trees. Each home has 2 bedrooms and 1 bath, outdoor private and fenced space and detached garages. This property gives you steady income while exploring its full of opportunites. Top rated Palo Alto Schools. Nearby Gamble

    Vivian Jiang Maxreal

    231 Churchill Ave, Palo Alto, CA 94301

Why Live in Old Palo Alto

Old Palo Alto is a diverse neighborhood featuring a mix of historical and modern homes, ranging from Victorian and Tudor styles by renowned architects to contemporary and Mediterranean-inspired estates. The area is known for its high property values, with land alone being extremely valuable. The neighborhood is home to a variety of housing options, including ranch-style homes, Spanish Colonials, townhouses, and condos. Residents enjoy numerous parks and recreational facilities, such as the Palo Alto Lawn Bowls Club, Elizabeth F. Gamble Garden, Peers Park, and Bowden Park. The Palo Alto Junior Museum and Zoo offer interactive exhibits for children. The neighborhood features independent retailers and dining options along California Avenue and El Camino Real, including the Michelin-starred Protégé restaurant. For grocery shopping, locals frequent Mollie Stone’s Markets and Real Produce International Market. Commuters have convenient access to Highway 101 and Caltrain stations, with San Francisco International Airport 22 miles away and San Jose Mineta International Airport 16 miles away. The neighborhood is served by highly rated schools, including Walter Hays Elementary, Greene Middle School, Palo Alto High School, and the private Stratford School.

Home Trends in Old Palo Alto, CA

Housing Trends

Median Sale Price
$4,825,000
Median Single Family Sale Price
$5,550,000
Median Townhouse Sale Price
$3,674,000
Median 2 Bedroom Sale Price
$1,175,000
Median 1 Bedroom Sale Price
$730,000
Average Price Per Sq Ft
$1,894
Number of Homes for Sale
17
Last 12 months Home Sales
84
Months of Supply
2.40
Median List Price
$4,298,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%
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