Santa Clara County  »  388 Cambridge Ave

388 Cambridge Avenue, Palo Alto, CA 94306 Property Information

388 Cambridge Avenue, Palo Alto, CA 94306 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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388 Cambridge Avenue, Palo Alto, CA 94306
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Address

Primary address 388 Cambridge Avenue, Palo Alto
Zip code 94306
County Santa Clara
Neighborhood Evergreen Park
Parcel ID 124-32-073

Sales & Tax Overview for 388 Cambridge Avenue, Palo Alto

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Property tax $105,303

Lot & Building Information for 388 Cambridge Avenue, Palo Alto

Building sqft 33,007
Building class Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)
Acreage 0.4
Lot sqft 17,500
Year built 2024
Stories 3
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 388 Cambridge Avenue, Palo Alto

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  • • Improvements for 388 Cambridge Avenue, Palo Alto , including their type, square footage, grade and when they were built.
  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 388 Cambridge Avenue, Palo Alto

How many square feet does 388 Cambridge Avenue, Palo Alto, CA 94306 have?

This Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) located at 388 Cambridge Avenue, Palo Alto, CA 94306 has a total of 33,007 square feet.

What is the year built & the current market value of 388 Cambridge Avenue, Palo Alto, CA 94306?

388 Cambridge Avenue, Palo Alto, CA 94306 was built in 2024 and has a current tax assessor's market value of $8,765,780.

Ownership Information

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Spaces for Lease in 388 Cambridge Avenue, Palo Alto

No photo available
388 Cambridge
Listing type For Lease
Listing date 04/29/2024
Last updated 04/29/2026
Lot size 0.4 Acre
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Brokers

Michael Courson
Christian Prelle
Alex Sagues
Graham Grealish
Spaces
Suite name Space type Lease rate Available space Brokers
#102 Restaurant Listing price not available 2,335 Alex Sagues
Graham Grealish
2nd Floor General Office $119.40/Sqft/Year 16,261 Michael Courson
3rd Floor General Office $119.40/Sqft/Year 16,357 Michael Courson
Christian Prelle
Active Listings For This Property:
For Lease No photo available
388 Cambridge
388 Cambridge Avenue, Palo Alto
Property General Office
Availability 3 Spaces listed / 34953 Sqft
Price $119.40/Sqft/Year
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Past Sales & Property History for 388 Cambridge Avenue, Palo Alto

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No recorded sales for this property.

Title Documents for 388 Cambridge Avenue, Palo Alto

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
05/28/2024 Agreement
Easement
05/28/2024 Agreement
Easement
05/28/2024 Agreement
Easement
               
               
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R: Recorded date
D: Document date

Property Taxes for 388 Cambridge Avenue, Palo Alto

Access detailed property tax data for 388 Cambridge Avenue, Palo Alto, CA 94306. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax $105,303
Market value $8,765,780

Assessment History for 388 Cambridge Avenue, Palo Alto

Here's the assessment & property tax history for 388 Cambridge Avenue, Palo Alto, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $8,765,780 1.2013 $105,303 +76.04%
2024-2025 $5,093,902 1.1743 $59,818 +1.47%
2023-2024 $4,994,022 1.1804 $58,949 -64.71%
2022-2023 $14,031,918 1.1905 $167,050 +2.01%
2021-2022 $13,756,784 1.1904 $163,761 n/a

Permits for 388 Cambridge Avenue, Palo Alto

The complete history of permits filed for 388 Cambridge Avenue, Palo Alto, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Status
01/16/2026
12/03/2025
10/28/2025
09/24/2025
09/16/2025
08/05/2025
05/13/2025
04/04/2025
02/19/2025
02/18/2025
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Demographics by Zip Code

Total population 27,183
Median age 42.3
Average household income $287,065
Family households 66.6%
Occupied housing units 10,640
Owner occupied units 52.6%
Average number of people per household 2.55
Median year structure built 1963
Median value for units with a mortgage $2,000,001
Median value for units without a mortgage $2,000,001

Risk

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FEMA flood zone(s) 0.2 (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 388 Cambridge Avenue, Palo Alto

Here are the neighbors for 388 Cambridge Avenue, Palo Alto.

Address Square feet Purchase date Purchase price
3705 El Camino Real, Palo Alto 22,357
1457 Hamilton Ave, Palo Alto
585 Hamilton Ave, Palo Alto 16,058
1729 Emerson St, Palo Alto 10/30/2024
1451 Hamilton Ave, Palo Alto

Nearby ZIP Codes for 388 Cambridge Avenue, Palo Alto

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