Spacious, Light-Filled 1BR Apartment in Downtown Palo Alto Lease Takeover
Looking for someone to take over my lease, which runs through July 2025. This quiet and bright apartment is in an unbeatable location, just a short walk to downtown Palo Alto, Stanford University, and close to highways 101 and 280.
Apartment Features:
- Hardwood floors throughout
- Private washer & dryer in-unit
- Dishwasher
- Storage unit included
- Covered parking spot
- Lots of natural light
- Quiet and well-maintained building
Location Highlights:
- 5-minute walk to downtown Palo Alto (restaurants, cafes, shopping)
- Easy access to Stanford University
- Close to major tech companies and startups
- Quick access to Highway 101 & 280 for easy commuting
If you're interested, message me for details, photos, and a tour!
Sold for $2,570,000
$2,570,000
722 Channing Ave, Palo Alto, CA 94301
1beds
550sqft
Apartment
Built in ----
-- sqft lot
$3,037,400 Zestimate®
$4,673/sqft
$3,133 Estimated rent
Home value
$3,037,400
$2.43M - $3.89M
$3,133/mo
Zestimate® history
Owner options
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$3,133/mo
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$3,133/mo
Rent Zestimate®
Refinance and save
$16,244/mo
Est. payment
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$16,244/mo
Est. payment
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List your homeWhat's special
Covered parking spotLots of natural light
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall Furnace
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Storage
- Flooring: Hardwood
Interior area
- Total interior livable area: 550 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Exterior features: Heating system: Wall
Details
- Parcel number: 00333014
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Community & HOA
Community
- Deposit fee: $2,750
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $4,673/sqft
- Tax assessed value: $2,621,400
- Annual tax amount: $32,548
- Date on market: 3/4/2025
- Date available: 03/04/2025
- Lease term: 6 Month
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Listing removed | $2,750$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/4/2025 | Listed for rent | $2,750+2%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/27/2023 | Sold | $2,570,000+360.6%$4,673/sqft |
Source: Public Record Report a problem | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/1/2020 | Listing removed | $2,695$5/sqft |
Source: Owner Report a problem | ||
| 7/29/2020 | Price change | $2,695-5.4%$5/sqft |
Source: Owner Report a problem | ||
| 7/21/2020 | Price change | $2,850-3.4%$5/sqft |
Source: Owner Report a problem | ||
| 7/9/2020 | Price change | $2,950+5.5%$5/sqft |
Source: Owner Report a problem | ||
| 6/5/2020 | Listed for rent | $2,795$5/sqft |
Source: Owner Report a problem | ||
| 7/9/2004 | Sold | $558,000+2.2%$1,015/sqft |
Source: Public Record Report a problem | ||
| 5/1/1996 | Sold | $546,000$993/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $32,548 -13.7% | $2,621,400 +2% |
| 2024 | $37,725 +105.8% | $2,570,000 +75.2% |
| 2023 | $18,333 +1.2% | $1,467,054 +2% |
| 2022 | $18,117 +2% | $1,438,289 +2% |
| 2021 | $17,760 +2.1% | $1,410,089 +1% |
| 2020 | $17,401 | $1,395,631 +2% |
| 2019 | $17,401 +3.9% | $1,368,267 +2% |
| 2018 | $16,744 | $1,341,439 +2% |
| 2017 | $16,744 +1.8% | $1,315,137 +2% |
| 2016 | $16,450 +3.7% | $1,289,351 +1.5% |
| 2015 | $15,859 +2.3% | $1,269,985 +2% |
| 2014 | $15,498 | $1,245,108 +0.5% |
| 2013 | -- | $1,239,481 +2% |
| 2012 | -- | $1,215,179 +2% |
| 2011 | -- | $1,191,353 +0.8% |
| 2010 | -- | $1,182,450 -0.2% |
| 2009 | -- | $1,185,260 +2% |
| 2008 | -- | $1,162,021 +2% |
| 2007 | -- | $1,139,238 +2% |
| 2006 | -- | $1,116,900 +2% |
| 2005 | -- | $1,095,000 +57.1% |
| 2004 | -- | $697,004 +13.5% |
| 2002 | -- | $613,994 |
Find assessor info on the county website
Neighborhood: Community Center
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Nearby schools
GreatSchools rating
- 9/10Walter Hays Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Frank S. Greene Jr. MiddleGrades: 6-8Distance: 1.1 mi
- 10/10Palo Alto High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$3,037,400
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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
$3,037,400
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