| Primary address | 488 University Avenue, Palo Alto |
| Zip code | 94301 |
| County | Santa Clara |
| Neighborhood | University South |
| Parcel ID | 120-15-071 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 06/15/2018 |
| Sale price | $65,000,000 |
| Arm's length | Register |
| Property tax | $803,895 |
| Building sqft | 45,870 |
| Building class | Multi-Family |
| Acreage | 0.22 |
| Lot sqft | 9,606 |
| Units | 100 |
| Year built | 1929 |
| Stories | 6 |
| 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:
President Hotel - 488 University Avenue, Palo Alto, CA 94301 was built in 1929 and has a total of 45,870 square feet.
What is the assessed value of President Hotel - 488 University Avenue, Palo Alto, CA 94301 and the property tax paid?Assessed at $66,918,748, the tax amount paid for President Hotel - 488 University Avenue, Palo Alto, CA 94301 is $803,894.
When was President Hotel - 488 University Avenue, Palo Alto, CA 94301 last sold and what was the last sale price?President Hotel - 488 University Avenue, Palo Alto, CA 94301 was last sold in 06/15/2018 for $65,000,000.
How many residential units does this building have?This building has 75 residential unit(s) and 25 commercial spaces.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 488 University Avenue, Palo Alto, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 06/15/2018 | $65,000,000 | Register | Register |
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 President Hotel - President Hotel - 488 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 | $803,895 |
| Market value | $66,918,748 |
Here's the assessment & property tax history for 488 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 | $66,918,748 | 1.2013 | $803,895 | +15.44% |
| 2024-2025 | $59,303,277 | 1.1743 | $696,398 | -20.90% |
| 2023-2024 | $74,583,155 | 1.1804 | $880,380 | +3.59% |
| 2022-2023 | $71,389,336 | 1.1905 | $849,890 | +4.33% |
| 2021-2022 | $68,429,235 | 1.1904 | $814,582 | +2.12% |
The complete history of permits filed for 488 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 488 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 488 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.
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Here are the neighbors for President Hotel - 488 University Avenue, Palo Alto.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 467 Hamilton Ave, Palo Alto | 7,268 | 12/05/2012 | |
| 510 Waverley St, Palo Alto | 2,570 | 06/07/2023 | |
| 486 Hamilton Ave, Palo Alto | 2,537 | 09/07/2018 | $4,000,000 |
| 300 University Ave, Palo Alto | 35,672 | 04/30/2004 | $10,850,000 |
| 340 Cowper St, Palo Alto | 05/25/2021 | $2,130,000 | |
| 550 Waverley St, Palo Alto | 7,500 | 02/09/2007 | $2,175,000 |
| 318 University Ave, Palo Alto | 6,400 | 07/19/2024 | |
| 422 Waverley St, Palo Alto | 5,680 | 09/19/2024 | |
| 436 Waverley St, Palo Alto | 2,500 | 05/15/2019 | $4,050,000 |
| 370 University Ave, Palo Alto | 2,850 | 09/28/2011 | $3,059,000 |
| 560 Waverley St, Palo Alto | 11,243 | 12/07/2011 | |
| 730 Waverley St, Palo Alto | 1,424 | ||
| 734 Waverley St, Palo Alto | 04/11/2005 | ||
| 333 Kipling St, Palo Alto | 1,554 | 01/27/2021 | |
| 443 Kipling St, Palo Alto | 01/26/2021 | ||
| 315 Hamilton Ave, Palo Alto | 8,547 | 02/06/2019 | |
| 400 Forest Ave, Palo Alto | 8,765 | 02/17/2017 | $1,850,000 |
| 328 Cowper St, Palo Alto | 05/28/1999 | $580,000 | |
| 535 Bryant St, Palo Alto | 2,580 | 05/30/1996 | |
| 463 Lytton Ave, Palo Alto | 2,988 | 06/09/2008 | $31,500 |