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568 University Avenue, Palo Alto, CA 94301 Property Information

568 University Avenue, Palo Alto, CA 94301 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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568 University Avenue, Palo Alto, CA 94301
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Address

Primary address 568 University Avenue, Palo Alto
Zip code 94301
County Santa Clara
Neighborhood University South
Parcel ID 120-03-037

Sales & Tax Overview for 568 University Avenue, Palo Alto

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Sale date 11/18/2025
Sale price $13,250,000
Arm's length
Property tax $32,917

Lot & Building Information for 568 University Avenue, Palo Alto

Building sqft 9,260
Building class Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)
Acreage 0.22
Lot sqft 10,000
Units 1
Year built 1961
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district

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Other Property Data for 568 University Avenue, Palo Alto

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About 568 University Avenue, Palo Alto

How many sq. ft. does 568 University Avenue, Palo Alto, CA 94301 have & what is the price per sq. ft?

This Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) located at 568 University Avenue, Palo Alto, CA 94301 has a total of 9,260 square feet and a current price per square foot of $1,430.

What is the year built & the current market value of 568 University Avenue, Palo Alto, CA 94301?

568 University Avenue, Palo Alto, CA 94301 was built in 1961 and has a current tax assessor's market value of $2,740,113.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 568 University Avenue, Palo Alto

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Purchase date Purchase price Buyer name Seller name
11/18/2025 $13,250,000

Title Documents for 568 University Avenue, Palo Alto

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
11/18/2025 Agreement
Assignment of Rents and Leases
Deed of Trust
Fixture Filing
11/18/2025 Agreement
Assignment of Rents and Leases
Deed of Trust
Fixture Filing
11/18/2025 Grant Deed
10/23/2025 Grant Deed
03/26/2025 Notice Non Responsibility
11/05/2024 Grant Deed
08/14/2024 Trust Transfer Deed
05/08/2024 Affidavit Change/ Successor Trustee
02/16/2023 Quitclaim Deed to A Revocable Trust
10/28/2019 Grant Deed
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R: Recorded date
D: Document date

Property Taxes for 568 University Avenue, Palo Alto

Access detailed property tax data for 568 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 $32,917
Market value $2,740,113

Assessment History for 568 University Avenue, Palo Alto

Here's the assessment & property tax history for 568 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 $2,740,113 1.2013 $32,917 +161.85%
2024-2025 $1,070,484 1.1743 $12,571 +1.47%
2023-2024 $1,049,495 1.1804 $12,388 +1.13%
2022-2023 $1,028,917 1.1905 $12,249 +2.01%
2021-2022 $1,008,743 1.1904 $12,008 +2.17%

Permits for 568 University Avenue, Palo Alto

The complete history of permits filed for 568 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.

Issued Permit Type Status
03/18/2022
03/18/2022
03/05/2020
03/05/2020
03/05/2020
12/18/2019
12/18/2019
10/15/2019
08/26/2019
12/14/2018
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Demographics by Zip Code

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

Risk

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FEMA flood zone(s) 0.2 (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 568 University Avenue, Palo Alto

Here are the neighbors for 568 University Avenue, Palo Alto.

Address Square feet Purchase date Purchase price
600 University Ave, Palo Alto 4,772 03/22/2006
1023 Corporation Way, Palo Alto 10,320 10/24/2017
616 University Ave, Palo Alto 1,086 11/21/2000 $775,000
417 Tasso St, Palo Alto 1,256 11/14/2024
630 Lytton Ave, Palo Alto 07/26/2024
524 Middlefield Rd, Palo Alto 1,382 04/23/2024
425 Tasso St, Palo Alto 05/28/2013
3969 E Bayshore Rd, Palo Alto 24,343 02/02/2006
211 Byron St, Palo Alto 10/01/2009 $1,470,000
519 Webster St, Palo Alto 4,441 10/16/2015 $3,000,000
625 Hamilton Ave, Palo Alto
517 Byron St, Palo Alto 2,868 03/22/2012
518 Byron St, Palo Alto 1,495 08/05/1996
500 University Ave, Palo Alto 20,000
575 University Ave, Palo Alto 4,134 06/18/2007 $3,300,000
550 University Ave, Palo Alto 4,979 04/15/1999
525 University Ave, Palo Alto 176,688 12/20/2001
564 University Ave, Palo Alto 7,910 12/15/2016 $21,422,000
664 Everett Ave, Palo Alto 04/30/2014
654 Everett Ave, Palo Alto 05/15/2020

Nearby ZIP Codes for 568 University Avenue, Palo Alto

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