| Primary address | 499 University Avenue, Palo Alto |
| Alternate address(es) | 480 Cowper St 487 University Ave |
| Zip code | 94301 |
| County | Santa Clara |
| Neighborhood | Downtown North Palo Alto |
| Parcel ID | 120-15-016 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 01/31/1996 |
| Sale price | $104,500 |
| Arm's length | Register |
| Property tax | $78,222 |
| Building sqft | 16,393 |
| Building class | Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) |
| Acreage | 0.16 |
| Lot sqft | 6,825 |
| Year built | 1997 |
| Stories | 3 |
| Zoning district | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) located at 499 University Avenue, Palo Alto, CA 94301 has a total of 16,393 square feet.
What is the year built & the current market value of 499 University Avenue, Palo Alto, CA 94301?499 University Avenue, Palo Alto, CA 94301 was built in 1997 and has a current tax assessor's market value of $6,511,414.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 04/28/2026 |
| Last updated | 04/28/2026 |
| Lot size | 0.16 Acre |
Excellent Location in Downtown Palo Alto
One Exclusive Parking Space Adjacent to the Building
Ground Floor Suite with Great Natural Light
Ideal for Professional Services Tenant
High Ceilings Throughout
Lobby Access and Private Entrance on Cowper Street
Dedicated Restroom with Shower
Surrounded by Downtown Restaurants & Amenities
Walking Distance to CalTrain Station
Available Immediately
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Ground Floor | General Office | Listing price not available | 937 | Brad Ehikian Jon Goldman Jesse Ebner |
Create a free account to view the complete sales history for 499 University Avenue, Palo Alto, including title documents, transfer conditions, mortgages and liens.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 499 University Avenue, Palo Alto, CA 94301. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax | $78,222 |
| Market value | $6,511,414 |
Here's the assessment & property tax history for 499 University 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 | $6,511,414 | 1.2013 | $78,222 | +4.35% |
| 2024-2025 | $6,383,740 | 1.1743 | $74,964 | +1.47% |
| 2023-2024 | $6,258,570 | 1.1804 | $73,876 | +1.13% |
| 2022-2023 | $6,135,854 | 1.1905 | $73,047 | +2.01% |
| 2021-2022 | $6,015,544 | 1.1904 | $71,609 | +2.17% |
The complete history of permits filed for 499 University 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.
| Total population | 17,508 |
| Median age | 46.7 |
| Average household income | $342,324 |
| Family households | 61.6% |
| Occupied housing units | 7,167 |
| Owner occupied units | 53.0% |
| Average number of people per household | 2.4 |
| Median year structure built | 1957 |
| Median value for units with a mortgage | $2,000,001 |
| Median value for units without a mortgage | $2,000,001 |
Create a free account to unlock extended information for 499 University Avenue, Palo Alto, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | 0.2 (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
Access the detailed traffic volume map for 499 University Avenue, Palo Alto to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 499 University Avenue, Palo Alto.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 440 Kipling St, Palo Alto | 4,513 | 11/21/2016 | $2,450,000 |
| 236 Cowper St, Palo Alto | 06/15/2016 | ||
| 425 Waverley St, Palo Alto | 08/14/2020 | ||
| 330 Lytton Ave, Palo Alto | 6,975 | 12/12/2016 | |
| 526 Waverley St, Palo Alto | 8,700 | 07/26/2017 | $9,027,000 |
| 428 University Ave, Palo Alto | 18,856 | 06/27/2023 | |
| 408 University Ave, Palo Alto | 10,973 | 12/21/2006 | |
| 374 University Ave, Palo Alto | 2,375 | 08/11/2006 | |
| 463 University Ave, Palo Alto | 2,278 | 10/08/2021 | $3,200,000 |
| 420 Cowper St, Palo Alto | 18,564 | 02/10/2010 | $11,310,000 |
| 384 University Ave, Palo Alto | 14,250 | 08/08/2022 | $17,225,000 |
| 309 University Ave, Palo Alto | 06/29/2005 | $1,417,500 | |
| 211 Kipling St, Palo Alto | 2,007 | 02/24/2026 | |
| 453 Waverley St, Palo Alto | 500 | 02/16/1999 | $440,000 |
| 375 Hamilton Ave, Palo Alto | |||
| 313 Waverley St, Palo Alto | 10/18/2018 | ||
| 431 Kipling St, Palo Alto | 2,521 | ||
| 325 Lytton Ave, Palo Alto | 30,819 | 04/15/2005 | $7,200,000 |
| 520 Cowper St, Palo Alto | 63,620 | 06/30/2006 | |
| 367 University Ave, Palo Alto | 2,500 | 04/17/2023 |