Santa Clara County  »  94301  »  University Ave  »  384 University Ave

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

Also known as: 384 University Ave

Property image for 384 University Avenue, Palo Alto, CA 94301
static Mapbox map

Property type

Store (SCILSR)

Year built

1935

Acreage

0.11

Sale price

$17,225,000

General Information

Address
Primary address
384 University Ave
Palo Alto, CA 94301
Alternate address(es)
388 University Ave
396 University Ave
Zip code
94301
Neighborhood
University South
County
Santa Clara
Municipality
Palo Alto
Parcel ID
120-15-065

Owner

Find out who owns 384 University Avenue, Palo Alto, CA 94301. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/08/2022
Sale price
$17,225,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$215,284
Building
Property type
Store
Building sq. ft.
14,250
Stories
3
Year built
1935
Lot
Acreage
0.11
Lot sq. ft.
4,750
Zoning & use
Zoning
Qualified opportunity zone
Units
8

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
55 /100.  Good Transit
Bike score
100 /100.  Biker's Paradise
Ownership

Ownership information for 384 University Avenue, Palo Alto, CA

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

Sales history for 384 University Avenue, Palo Alto, CA 94301

Sale date Sale price Buyer name Seller name
08/08/2022 $17,225,000 XXXXXXXXXX XXXXXXXX XX XX XXXXXX XXXX XXXXXXXXX XXX

*Most recent sale on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
04/01/2026 Reconveyance
Substitution Trustee		 XXXXXXXXXX XXXXXXXX XX XX XXXXXXXXXX XXXXXXXX XX XX
03/04/2026 Agreement
Assignment of Rents and Leases
Deed of Trust
Fixture Filing		 XXXXXXXXXX XXXXXXXX XX XX XXX XXXXXX XXX
01/09/2026 Agreement
Assignment of Rents and Leases
Deed of Trust
Fixture Filing		 XXXXXXXXXX XXXXXXX XX XX XXX XXXXXX XXX
10/01/2025 Ucc - Financing Statement - Assignment XXXXXXXXXX XXXXXXXX XX XX XXX XXXX XXX X XXX
10/01/2025 Assignment XXXXX XXXXXXX XXXXX XXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXX XXXX XXX X XXX
10/01/2025 Assignment Deed of Trust XXXXX XXXXXXX XXXXX XXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXX XXXX XXX X XXX
09/30/2025 Ucc - Financing Statement - Assignment XXXXXXXXXX XXXXXXXX XX XX XXXXX XXXXXXX XXXXX XXXXXXXX XXXXXXX XXXXXXX XXXX XXX
09/30/2025 Assignment XXX XXXX X XXX XXXXX XXXXXXX XXXXX XXXXXXXX XXXXXXX XXXXXXX XXXX XXX
09/30/2025 Assignment Deed of Trust XXX XXXX X XXX XXXXX XXXXXXX XXXXX XXXXXXXX XXXXXXX XXXXXXX XXXX XXX
12/06/2022 Ucc - Financing Statement - Assignment XXX XXXX XXX X XXX XXX XXXX X XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 384 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
$215,284
Recent tax assessments
Market value
$17,920,890
Land value
$10,716,120
Building value
$7,204,770

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 $17,920,890 1.2013 $215,284 +4.35%
2024-2025 $17,569,500 1.1743 $206,319 +1.47%
2023-2024 $17,225,000 1.1804 $203,324 +1029.45%
2022-2023 $1,512,142 1.1905 $18,002 +2.01%
2021-2022 $1,482,493 1.1904 $17,648 +2.17%
2020-2021 $1,467,293 1.17716 $17,272 +1.09%
2019-2020 $1,438,523 1.18772 $17,086 +2.91%
2018-2019 $1,410,317 1.1773 $16,603 +1.78%
2017-2018 $1,382,665 1.1798 $16,313 +2.66%
2016-2017 $1,355,555 1.1722 $15,890 +0.95%
Permits

Permit information for 384 University Avenue, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
01/16/2026
01/11/2026
11/21/2025
10/23/2025
07/30/2024

*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 384 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 384 University Avenue, Palo Alto, CA

330 Lytton Ave, Palo Alto 408 University Ave, Palo Alto 428 University Ave, Palo Alto 526 Waverley St, Palo Alto 374 University Ave, Palo Alto 426 Waverley St, Palo Alto 420 Cowper St, Palo Alto 463 University Ave, Palo Alto 309 University Ave, Palo Alto 379 University Ave, Palo Alto 314 Lytton Ave, Palo Alto 319 Everett Ave, Palo Alto 499 University Ave, Palo Alto 453 Waverley St, Palo Alto 375 Hamilton Ave, Palo Alto 313 Waverley St, Palo Alto 317 Everett Ave, Palo Alto 520 Cowper St, Palo Alto 431 Kipling St, Palo Alto 367 University Ave, Palo Alto

Nearby ZIP codes for 384 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 384 University Avenue, Palo Alto, CA 94301?

The development at 384 University Avenue, Palo Alto, CA 94301 was built in 1935.

What is the market value of 384 University Avenue, Palo Alto, CA 94301?

The current market value of 384 University Avenue, Palo Alto, CA 94301 is $17,920,890.

What is the total square footage of 384 University Avenue, Palo Alto, CA 94301?

384 University Avenue, Palo Alto, CA 94301 has a total of 14,250 square feet.

What is the price per square foot for this property?

$1,208 per square foot is the price for 384 University Avenue, Palo Alto, CA 94301.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 8.

Disclaimer

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