Santa Clara County  »  94301  »  University Ave  »  540 University Ave

540 University Avenue, Palo Alto, CA 94301 - Property report

Also known as: 540 University Ave

Property image for 540 University Avenue, Palo Alto, CA 94301
static Mapbox map

Property type

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

Year built

1982

Acreage

0.11

Sale price

$12,800,000

General Information

Address
Primary address
540 University Ave
Palo Alto, CA 94301
Alternate address(es)
542 University Ave
Zip code
94301
Neighborhood
University South
County
Santa Clara
Municipality
Palo Alto
Parcel ID
120-03-032

Owner

Find out who owns 540 University Avenue, Palo Alto, CA 94301. Uncover corporate and individual owners with a free account.

Sales
Sale date
06/05/2024
Sale price
$12,800,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$156,842
Building
Property type
Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings)
Building sq. ft.
15,452
Stories
3
Year built
1982
Lot
Acreage
0.11
Lot sq. ft.
5,001
Zoning & use
Zoning

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
53 /100.  Good Transit
Bike score
96 /100.  Biker's Paradise
Ownership

Ownership information for 540 University Avenue, Palo Alto, CA

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

Sales history for 540 University Avenue, Palo Alto, CA 94301

Sale date Sale price Buyer name Seller name
06/05/2024 $12,800,000 XXXXXX XXXX XXX XXXXXXX X XXXXXX XXX
01/03/2018 $2,382,500 XXXXXXX X XXXXXX XXX XXXXXXX XXXXXX XXXXX; XXXXXXX X X X XXXXXXX

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
06/21/2024 Reconveyance XXXXXXX X XXXXXX XXX
06/05/2024 Grant Deed XXXXXXX X XXXXXX XXX XXXXXX XXXX XXX
05/27/2020 Agreement XXXXXXX X XXXXXX XXX
05/27/2020 Assignment of Rents and Leases XXXXXXX X XXXXXX XXX XXXXX XXXX XXXX
05/27/2020 Deed of Trust XXXXXXX X XXXXXX XXX XXXXX XXXX XXXX
01/03/2018 Grant Deed XXXXXXX X X X XXXXXXX XXXXXXX X XXXXXX XXX
03/08/2017 Grant Deed XXXXXXX XXXXXX XXXX XXX XXXXXXXXXX XXXXXX
05/16/2016 Corrective Grant Deed XXX XXXXXXX X. XXXXXX XXX
02/01/2016 Grant Deed XXX, X XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXXXX XXXXX
02/01/2016 Grant Deed XXX, X XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 540 University Avenue, 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
$156,842
Recent tax assessments
Market value
$13,056,000
Land value
$5,737,500
Building value
$7,318,500

More about Santa Clara County Property Taxes

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 $13,056,000 1.2013 $156,842 -14.31%
2024-2025 $15,587,034 1.1743 $183,039 +1.47%
2023-2024 $15,281,407 1.1804 $180,382 +1.13%
2022-2023 $14,981,772 1.1905 $178,358 +2.01%
2021-2022 $14,688,013 1.1904 $174,846 +2.17%
2020-2021 $14,537,406 1.17716 $171,129 +1.09%
2019-2020 $14,252,360 1.18772 $169,278 +223.43%
2018-2019 $4,445,809 1.1773 $52,339 +1.78%
2017-2018 $4,358,637 1.1798 $51,425 +2.66%
2016-2017 $4,273,174 1.1722 $50,090 +0.95%
Permits

Permit information for 540 University Avenue, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
05/04/2026
05/04/2026
04/27/2026

*Most recent permits on record for this property.

Neighborhood

Demographics by ZIP code

Total population
17,508
Median age
46.7
Average household income
$342,324
Family households
61.6%
People per household (average)
2.4
Occupied housing units
7,167
Owner-occupied units
53.0%
Median year structure built
1957
Median value mortgaged units
$2,000,001
Median value unmortgaged units
$2,000,001

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
0.2
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 540 University Avenue, Palo Alto, CA 94301 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 540 University Avenue, Palo Alto, CA

408 Webster St, Palo Alto 688 Everett Ave, Palo Alto 335 Webster St, Palo Alto 151 Tasso St, Palo Alto 675 Lytton Ave, Palo Alto 555 University Ave, Palo Alto 318 Middlefield Rd, Palo Alto 546 University Ave, Palo Alto 336 Byron St, Palo Alto 444 Webster St, Palo Alto 415 Tasso St, Palo Alto 321 Byron St, Palo Alto 334 Byron St, Palo Alto 400 Webster St, Palo Alto 649 Lytton Ave, Palo Alto 651 University Ave, Palo Alto 550 Lytton Ave, Palo Alto 435 Tasso St, Palo Alto 419 Webster St, Palo Alto 329 Webster St, Palo Alto

Nearby ZIP codes for 540 University Avenue, Palo Alto, CA

94022, Santa Clara County, CA 94024, Santa Clara County, CA 94041, Santa Clara County, CA 94043, Santa Clara County, CA 94303, Santa Clara County, CA 94305, Santa Clara County, CA 94555, Alameda County, CA 94560, Alameda County, CA

Frequently asked questions

What is the year built for 540 University Avenue, Palo Alto, CA 94301?

The development at 540 University Avenue, Palo Alto, CA 94301 was built in 1982.

What is the market value of 540 University Avenue, Palo Alto, CA 94301?

The current market value of 540 University Avenue, Palo Alto, CA 94301 is $13,056,000.

What is the total square footage of 540 University Avenue, Palo Alto, CA 94301?

540 University Avenue, Palo Alto, CA 94301 has a total of 15,452 square feet.

What is the price per square foot for this property?

$828 per square foot is the price for 540 University Avenue, Palo Alto, CA 94301.

How many active listings does 540 University Avenue, Palo Alto, CA 94301 have?

This address has 6 active listing(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account