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Off market
  • $4,578,500

    525 Matadero Ave, Palo Alto, CA 94306

    --beds
    0baths
    3,202sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $4,578,500 Zestimate®
    $1,430/sqft
    $5,538 Estimated rent

    Home value

    $4,578,500

    $3.62M - $5.68M

    $5,538/mo

    Zestimate® history
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    $5,538/mo

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    Rent Zestimate®

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    $29,131/mo

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    $29,131/mo

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    What's special

    Attractive fourplex located in the highly desirable Barron Park neighborhood of Palo Alto. All units are 2 Bedroom 1 Bath. Features in some units include hardwood floors and dual pane windows. Two downstairs units have a private patio. Ample storage including 4 resident storage lockers and owner storage area off the laundry room. Large +- 7,500 square foot parcel. Each unit has its own water heater.Convenient and sought after location with easy access to Stanford University, Stanford Research Park, Stanford Shopping Center, Cal Train Station, Cornelis Bol Park, California Avenue Business District & the many retail and service providers along El Camino Real. Quality Palo Alto schools. Adjacent fourplex at 523 Matadero Avenue and adjacent 8 unit property at 527-529 Matadero are also for sale. Rare opportunity to acquire a quality apartment property in Barron Park. Buyer should verify all square footage figures. Seller and Agents are not representing the accuracy of square footage figures

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,202 sqft

    Property

    Parking
    • Parking features: Carport
    Lot
    • Size: 7,501 Square Feet
    Details
    • Parcel number: 13708091

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1952

    Utilities & green energy

    • Utilities for property: Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $1,430/sqft
    • Tax assessed value: $3,458,102

    Price history

    DateEventPrice
    9/28/2019Listing removed$3,350,000$1,046/sqft
    Source: Cornish & Carey Commercial #ML81768422 Report a problem
    9/13/2019Listed for sale$3,350,000$1,046/sqft
    Source: Cornish & Carey Commercial #ML81768422 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $3,458,102 +2%
    2025$41,785 +4.3%$3,390,297 +2%
    2024$40,068 +1.5%$3,323,822 +2%
    2023$39,480 +1.2%$3,258,650 +2%
    2022$39,027 +2%$3,194,756 +2%
    2021$38,259 +2.1%$3,132,115 +1%
    2020$37,464 $3,100,000 +2221.5%
    2019$37,464 +1402.8%$133,535 +2%
    2018$2,493 $130,918 +2%
    2017$2,493 +1.8%$128,352 +2%
    2016$2,448 +4.2%$125,836 +1.5%
    2015$2,348 +6.5%$123,947 +2%
    2014$2,206 $121,520 +0.5%
    2013-- $120,972 +2%
    2012-- $118,601 +2%
    2011-- $116,276 +0.8%
    2010-- $115,408 -0.2%
    2009-- $115,683 +2%
    2008-- $113,416 +2%
    2007-- $111,193 +2%
    2006-- $109,014 +2%
    2005-- $106,877 +2%
    2004-- $104,782 +1.9%
    2003-- $102,862 +2%
    2002-- $100,846 +2%
    2001-- $98,869
    Find assessor info on the county website

    Neighborhood: Barron Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,578,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,578,500