Santa Clara County  »  94303  »  E Bayshore Rd  »  2479 E Bayshore Rd

Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303 - Property report

Also known as: 2479 E Bayshore Rd

Property image for Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303
static Mapbox map

Property type

Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)

Year built

1974

Acreage

5.14

Sale price

$77,000,000

General Information

Address
Primary address
2479 E Bayshore Rd
Palo Alto, CA 94303
Zip code
94303
County
Santa Clara
Municipality
Palo Alto
Parcel ID
008-03-063

Owner

Find out who owns Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303. Uncover corporate and individual owners with a free account.

Sales
Sale date
01/26/2017
Sale price
$77,000,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$774,163
Building
Property type
Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings)
Building sq. ft.
98,774
Stories
2
Year built
1974
Lot
Acreage
5.14
Lot sq. ft.
223,898
Zoning & use
Zoning
Qualified opportunity zone
Units
1

Area overview

Walk score
41 /100.  Car-Dependent
Transit score
18 /100.  Minimal Transit
Bike score
80 /100.  Very Bikeable

Ownership information for Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303

Sale date Sale price Buyer name Seller name
01/26/2017 $77,000,000 XXXX XXXXXXXX XXX XXX XXX XXXXXXXX XXX
05/04/1999 $1,500,000 XXXXX, XXXXXXX X XXXXXXXX XXXX XXXXXX XXXXXXXX
03/28/1990 $4,650,000 XXXXXX XXXXXXXXX XXXXXXXXXX XXXXX

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
01/26/2017 Grant Deed XXX XXX XXXXXXXX XXX XXXX XXXXXXXX XXX
12/10/2015 Deed Trust/Assignment & Fixtur XXX XXX XXXXXXXX XXX XXXXX XXXXX XXXX, XXXXXXXX XXXXXXXXXXX
12/30/2014 Modify/Amend/Extend Agreement/ XXX XXX XXXXXXXX XXX XXXXX XXXXX XXXX, XXXXXXXX XXXXXXXXXXX
12/10/2012 Subordination & Attornment Non XXX X XXXXXXXX XXX XXXXX XXXXXXXXX XX
12/07/2012 Subordination & Attornment Non XXX XXX XXXXXXXX XXX XXXXXX XXXXXX XXX XXX
12/07/2012 Subordination & Attornment Non XXX X XXXXXXXX XXX XXX XXXXXXXXX XXX XXXX XXX XXXX XXX
12/07/2012 Subordination & Attornment Non XXXXX, XXXX X XXXXX, XXXXXX X
12/07/2012 Subordination & Attornment Non XXX X XXXXXXXX XXX XXXXXXX, XXXX
12/07/2012 Subordination & Attornment Non XXX X XXXXXXXX XXX XXXXX, XXXXXX
12/07/2012 Subordination & Attornment Non XXX XXX XXXXXXXX XXX XXXXXXXX XXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$774,163
Recent tax assessments
Market value
$64,443,784
Land value
$60,000,000
Building value
$4,443,784

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $64,443,784 1.2013 $774,163 -24.75%
2024-2025 $87,612,863 1.1743 $1,028,838 +1.47%
2023-2024 $85,894,965 1.1804 $1,013,904 +1.13%
2022-2023 $84,210,751 1.1905 $1,002,529 +2.01%
2021-2022 $82,559,560 1.1904 $982,789 +2.17%
2020-2021 $81,713,015 1.17716 $961,893 +1.09%
2019-2020 $80,110,800 1.18772 $951,492 +2.91%
2018-2019 $78,540,000 1.1773 $924,620 +92.59%
2017-2018 $40,692,958 1.1798 $480,108 +2.66%
2016-2017 $39,895,058 1.1722 $467,650 +0.95%

Permit information for Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
04/11/2024
06/01/2023
05/04/2023
12/09/2020
12/09/2020

*Most recent permits on record for this property.

Demographics by ZIP code

Total population
46,879
Median age
39.5
Average household income
$230,694
Family households
74.5%
People per household (average)
3.22
Occupied housing units
14,466
Owner-occupied units
57.8%
Median year structure built
1960
Median value mortgaged units
$1,622,400
Median value unmortgaged units
$1,952,500

Risk

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FEMA flood zones

FEMA flood zones
AE
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303?

The development at Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303 was built in 1974.

What is the market value of Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303?

The current market value of Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303 is $64,443,784.

What is the total square footage of Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303?

Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303 has a total of 98,774 square feet.

What is the price per square foot for this property?

$779 per square foot is the price for Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

How many active listings does Embarcadero Corporate Center - 2479 East Bayshore Road, Palo Alto, CA 94303 have?

This address has 4 active listing(s).

Disclaimer

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