220 College Avenue is an incredible opportunity to acquire a prime turn-key 6-unit apartment building in an outstanding Palo Alto location. (4) Two-Bedroom / One-Bath & (2) One-Bedroom / One-Bath, strategically positioned on a quiet cul-de-sac walking distance to all the shopping, dining & entertainment amenities of California Avenue. Strong in-place rents with best-in-class tenant profiles creating ability to add significant value with high-end renovations and achieve top market rents. All units have received some updates: 4 units have at least kitchen & bath updates and the other two have some interior updates. Many more updates to the major building systems: New Roof in 2023, Fully upgraded Electrical System (Main & Subpanels) in 2025, New Water Heater in 2022 and New Washer & Dryer in 2025, New Driveway Ramp - 2025. Dual pane windows throughout. Add ADU in tuck-under carport parking area! Ideal location in the epicenter of Silicon Valley, Evergreen Terrace neighborhood of Palo Alto, surrounded by major tech companies and good jobs. Within a ½ mile walk of: Stanford campus, California Ave, Caltrain Station, Peers Park, Jerry Bowden Park, Graduate housing, Sundance Steakhouse and other shopping and dining on El Camino Real, Stanford Business Park, Palo Alto High School
MLS #
ML82039963
MLS Source
MLSListings, Inc.
Days on Site
3
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Concrete Perimeter
Garage/Parking
Attached Garage, Carport, Garage: 0 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
R2
Listing Agent
Bryan Danforth
Compass
License #: 01789680
Phone: (650) 274-5227
Co-Listing Agent
Matthew Thomson
License #: 01471708
Phone: (650) 515-6555
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 6 | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 870 | 2 | 1/0 | $3,000 | – | – |
| 2 | 900 | 2 | 1/0 | $3,300 | – | – |
| 3 | 900 | 2 | 1/0 | $3,200 | – | – |
| 4 | 650 | 1 | 1/0 | $2,450 | – | – |
| 5 | 650 | 1 | 1/0 | $2,475 | – | – |
| 6 | 900 | 2 | 1/0 | $3,500 | – | – |
220 College Ave is a Residential Income in Palo Alto, CA 94306. This 4,878 square foot property sits on a 7,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,800,000 and was built in 1968. This address can also be written as 220 College Ave, Palo Alto, CA 94306.
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This listing information is up-to-date as of March 24, 2026. For the most current information, please contact Bryan Danforth, (650) 274-5227