| Primary address | 124 University Avenue, Palo Alto |
| Alternate address(es) | 120 University Ave 126 University Ave |
| Zip code | 94301 |
| County | Santa Clara |
| Tract | 7318 |
| Neighborhood | University South |
| Parcel ID | 120-26-043 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 06/05/1990 |
| Sale price | $3,170,000 |
| Arm's length | Register |
| Property tax | $256,271 |
| Building sqft | 15,945 |
| Building class | Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) |
| Acreage | 0.14 |
| Lot sqft | 6,250 |
| Units | 7 |
| Year built | 1981 |
| 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 124 University Avenue, Palo Alto, CA 94301 has a total of 15,945 square feet.
What is the year built & the current market value of 124 University Avenue, Palo Alto, CA 94301?124 University Avenue, Palo Alto, CA 94301 was built in 1981 and has a current tax assessor's market value of $21,332,843.
How many commercial spaces does this building have?This building has 7 commercial spaces available for lease. There are 1 active listings at this address.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 06/24/2021 |
| Last updated | 04/29/2026 |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Ground Floor | Retail | Listing price not available | 5,129 | Brad Ehikian Jon Goldman Jesse Ebner |
Create a free account to view the complete sales history for 124 University Avenue, Palo Alto, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 06/05/1990 | $3,170,000 | 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 124 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 | $256,271 |
| Market value | $21,332,843 |
Here's the assessment & property tax history for 124 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 | $21,332,843 | 1.2013 | $256,271 | +4.35% |
| 2024-2025 | $20,914,553 | 1.1743 | $245,600 | +1.47% |
| 2023-2024 | $20,504,464 | 1.1804 | $242,035 | +1.13% |
| 2022-2023 | $20,102,416 | 1.1905 | $239,319 | +2.01% |
| 2021-2022 | $19,708,252 | 1.1904 | $234,607 | +2.17% |
The complete history of permits filed for 124 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 124 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 124 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 124 University Avenue, Palo Alto.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 265 Homer Ave, Palo Alto | 03/26/2013 | ||
| 718 Emerson St, Palo Alto | 2,700 | 07/12/2013 | |
| 595 Emerson St, Palo Alto | 18,000 | 08/27/2018 | |
| 635 Emerson St, Palo Alto | 2,400 | 04/05/1990 | $450,500 |
| 644 Emerson St, Palo Alto | 8,460 | 06/18/2007 | |
| 630 Ramona St, Palo Alto | 7,986 | 05/08/2013 | $200,000 |
| 536 Emerson St, Palo Alto | 2,687 | 03/14/2023 | |
| 603 Alma St, Palo Alto | 71,827 | 03/24/2011 | $44,409,000 |
| 746 Bryant St, Palo Alto | 2,006 | ||
| 668 Ramona St, Palo Alto | 12,546 | 03/25/2013 | |
| 227 Forest Ave, Palo Alto | 4,543 | 06/25/2024 | |
| 117 University Ave, Palo Alto | 8,560 | 11/01/2002 | $3,450,000 |
| 621 High St, Palo Alto | 1,467 | 02/19/2004 | |
| 727 Ramona St, Palo Alto | |||
| 619 Emerson St, Palo Alto | 5,200 | ||
| 160 Forest Ave, Palo Alto | 14,605 | 12/02/2009 | |
| 636 Ramona St, Palo Alto | 4,750 | 01/04/2017 | $8,500,000 |
| 700 Emerson St, Palo Alto | 4,000 | 11/26/2003 | |
| 575 High St, Palo Alto | 22,467 | 08/16/2010 | |
| 640 Ramona St, Palo Alto | 10/07/2022 | $4,275,000 |