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Off market
  • $6,254,900

    1170 University Ave, Palo Alto, CA 94301

    4beds
    2,602sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $6,254,900 Zestimate®
    $2,404/sqft
    $8,296 Estimated rent

    Home value

    $6,254,900

    $5.50M - $7.19M

    $8,296/mo

    Zestimate® history
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    $40,224/mo

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    What's special

    ELEGANT 4BR HOME FOR LEASE in Coveted Crescent Park, Palo Alto Located on the picturesque, tree-lined University Avenue in the prestigious Crescent Park neighborhood, this beautifully renovated two-story home offers over 2600 sq ft of living space. There are 4 large bedrooms and 3 bathrooms, plenty of closets, large Living room with vaulted ceiling, and additional office space all in a serene, park-like setting. Nestled on a generous half-acre lot, the property features a lush, newly landscaped backyard ideal for both relaxation and entertaining. Abundant natural light pours in through oversized windows, including french doors that frame views of the garden and bring the outdoors in. The sun-filled interiors are enhanced by top-quality hardwood floors throughout and fresh interior paint that adds to the home's bright, airy ambiance. The thoughtfully designed kitchen, complete with stainless steel appliances, overlooks the backyard and offers a welcoming space for cooking and gathering. A brand-new roof has just been installed for added comfort and security. This home also boasts excellent storage, including a basement, multiple spacious closets throughout and a walk-in closet in the primary suite. Ample built-in storage ensures plenty of space to stay organized. Enjoy the benefits of living in the top-rated Palo Alto school district, just minutes from Stanford University, major shopping centers, and essential services. Downtown Palo Alto with its vibrant selection of restaurants, shops, and entertainment is within easy walking distance. With a prime location for commuting to Silicon Valley tech campuses or San Francisco, this home offers an unbeatable combination of comfort, style, and convenience. 1.Owners pay for the garden Maitenance ( exceeding$1200/mo) but tenants are responsible to maintain the garden in original proper condition. Hence, no dogs are allowed, but cats, other small indoor pets and caged pets are fine. 2. The lease is for the main house on the property which includes a two car detached garage. The cottage in the backyard is excluded from this lease. The owners use the cottage a few times a year when they visit the area and will NOT rent or Airbnb the cottage. Access to the cottage is through a walkway on the side of the backyard/garden. Owners reserve the right to access the cottage through the main gate and the walkway on the side of the garden. 3. The tenants will have two car parkings in the garage and one assigned outside the gate while the cottage will have the other two outdoor parking spaces outside the gate. 4. ALL UTILITIES are signed up for and paid by tenant but owners will pay 1/3 of all to cover the garden and cottage use. The tenant MUST maintain enough watering to preserve the garden. 5. The house has been freshly painted. A new roof has just been installed. the garage door is brand new. and the stone kitchen flooring is newly polished. 6. The basement offers additional storage. 7. A two year lease is preferred.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 2,602 sqft

    Property

    Parking
    • Parking features: Detached, Off Street
    • Details: Contact manager
    Features
    • Patio & porch: Deck
    • Exterior features: Barbecue, Heating system: Forced Air, No Utilities included in rent, Walk In Closet, sand pit playing area
    Details
    • Parcel number: 00307004

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $10,500
    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $2,404/sqft
    • Tax assessed value: $1,309,443
    • Annual tax amount: $16,771
    • Date on market: 7/23/2025
    • Date available: 08/01/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/9/2025Listing removed$10,500$4/sqft
    Source: Zillow Rentals Report a problem
    7/24/2025Listed for rent$10,500+11.7%$4/sqft
    Source: Zillow Rentals Report a problem
    6/10/2021Listing removed--
    Source: MLSListings Inc Report a problem
    5/31/2021Listed for rent$9,400+141%$4/sqft
    Source: Local MLS #ML81846570 Report a problem
    2/8/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/27/2021Listed for rent$3,900-56.2%$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/23/2019Listing removed$8,900$3/sqft
    Source: Compass #ML81743443 Report a problem
    3/20/2019Listed for rent$8,900+125.3%$3/sqft
    Source: Compass #ML81743443 Report a problem
    5/17/2018Listing removed$3,950$2/sqft
    Source: Pacific Union International #ML81703238 Report a problem
    5/1/2018Listed for rent$3,950-47.3%$2/sqft
    Source: Pacific Union International #ML81703238 Report a problem
    10/2/2017Listing removed$7,490$3/sqft
    Source: Alain Pinel Realtors #ML81675284 Report a problem
    9/20/2017Price change$7,490-13.9%$3/sqft
    Source: Alain Pinel Realtors #ML81675284 Report a problem
    8/24/2017Listed for rent$8,700-0.6%$3/sqft
    Source: Los Altos #ML81675284 Report a problem
    7/11/2017Listing removed$8,750$3/sqft
    Source: Alain Pinel Realtors #ML81655072 Report a problem
    6/8/2017Listed for rent$8,750+38.9%$3/sqft
    Source: Los Altos #ML81655072 Report a problem
    10/1/2011Listing removed$6,300$2/sqft
    Source: Alain Pinel Realtors - Palo Alto #81131411 Report a problem
    9/16/2011Price change$6,300-6%$2/sqft
    Source: Alain Pinel Realtors - Palo Alto #81131411 Report a problem
    7/21/2011Price change$6,700+3.1%$3/sqft
    Source: Alain Pinel Realtors - Palo Alto #81131411 Report a problem
    7/17/2011Listed for rent$6,500$2/sqft
    Source: Alain Pinel Realtors - Palo Alto #81131411 Report a problem
    1/13/1995Sold$700,000$269/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,771 +4.2%$1,309,443 +2%
    2024$16,096 +1.5%$1,283,768 +2%
    2023$15,857 +1.2%$1,258,597 +2%
    2022$15,669 +2%$1,233,920 +2%
    2021$15,360 +2%$1,209,726 +1%
    2020$15,052 $1,197,322 +2%
    2019$15,052 +3.9%$1,173,846 +2%
    2018$14,486 $1,150,831 +2%
    2017$14,486 +1.8%$1,128,266 +2%
    2016$14,231 +3.7%$1,106,144 +1.5%
    2015$13,717 +2.4%$1,089,530 +2%
    2014$13,391 $1,068,189 +0.5%
    2013-- $1,063,362 +2%
    2012-- $1,042,512 +2%
    2011-- $1,022,072 +0.8%
    2010-- $1,014,434 -0.2%
    2009-- $1,016,844 +2%
    2008-- $996,907 +2%
    2007-- $977,360 +2%
    2006-- $958,197 +2%
    2005-- $939,410 +2%
    2004-- $920,992 +1.9%
    2003-- $904,113 +2%
    2002-- $886,386 +2%
    2001-- $869,006
    Find assessor info on the county website

    Neighborhood: Crescent Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,254,900
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    Estimated market value
    $6,254,900