Santa Clara County  »  94301  »  University Ave  »  124 University Ave

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

Also known as: 120 University Ave

Property image for 124 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

1981

Acreage

0.14

Sale price

$3,170,000

General Information

Address
Primary address
124 University Ave
Palo Alto, CA 94301
Alternate address(es)
120 University Ave
126 University Ave
Zip code
94301
Neighborhood
University South
County
Santa Clara
Municipality
Palo Alto
Parcel ID
120-26-043
Tract
7318

Owner

Find out who owns 124 University Avenue, Palo Alto, CA 94301. Uncover corporate and individual owners with a free account.

Sales
Sale date
06/05/1990
Sale price
$3,170,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$256,271
Building
Property type
Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings)
Building sq. ft.
15,945
Stories
3
Year built
1981
Lot
Acreage
0.14
Lot sq. ft.
6,250
Zoning & use
Zoning
Qualified opportunity zone
Units
7

Area overview

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

Ownership information for 124 University Avenue, Palo Alto, CA

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

Sales history for 124 University Avenue, Palo Alto, CA 94301

Sale date Sale price Buyer name Seller name
06/05/1990 $3,170,000 XX XXXXXXXX, XXXXXXX X/X XXXXXXXXXX

*Most recent sale on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
05/04/2018 Notice Non Responsibility XXXXXXXXXX XXX
07/25/2014 Notice Non Responsibility XXXXXX XX
03/11/2010 Deed XXXXXXXXXX X X XXXX XXXXX XXXXXXXXXX XXXXXX XX
06/05/1990 Deed X/X XXXXXXXXXX XX XXXXXXXX, XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 124 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
$256,271
Recent tax assessments
Market value
$21,332,843
Land value
$9,314,339
Building value
$12,018,504

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 $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%
2020-2021 $19,506,169 1.17716 $229,619 +1.09%
2019-2020 $19,123,696 1.18772 $227,136 +2.91%
2018-2019 $18,748,722 1.1773 $220,721 +257.85%
2017-2018 $5,227,878 1.1798 $61,680 +2.66%
2016-2017 $5,125,371 1.1722 $60,080 +0.95%
Permits

Permit information for 124 University Avenue, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
06/19/2018
05/14/2018
12/06/2017
06/16/2015
08/25/2014

*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 124 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 124 University Avenue, Palo Alto, CA

265 Homer Ave, Palo Alto 718 Emerson St, Palo Alto 595 Emerson St, Palo Alto 635 Emerson St, Palo Alto 644 Emerson St, Palo Alto 630 Ramona St, Palo Alto 536 Emerson St, Palo Alto 603 Alma St, Palo Alto 746 Bryant St, Palo Alto 668 Ramona St, Palo Alto 227 Forest Ave, Palo Alto 117 University Ave, Palo Alto 621 High St, Palo Alto 727 Ramona St, Palo Alto 619 Emerson St, Palo Alto 160 Forest Ave, Palo Alto 636 Ramona St, Palo Alto 700 Emerson St, Palo Alto 575 High St, Palo Alto 640 Ramona St, Palo Alto

Nearby ZIP codes for 124 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 124 University Avenue, Palo Alto, CA 94301?

The development at 124 University Avenue, Palo Alto, CA 94301 was built in 1981.

What is the market value of 124 University Avenue, Palo Alto, CA 94301?

The current market value of 124 University Avenue, Palo Alto, CA 94301 is $21,332,843.

What is the total square footage of 124 University Avenue, Palo Alto, CA 94301?

124 University Avenue, Palo Alto, CA 94301 has a total of 15,945 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

How many active listings does 124 University Avenue, Palo Alto, CA 94301 have?

This address has 1 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