Santa Clara County  »  94301  »  University Ave  »  601 University Ave

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

Also known as: 601 University Ave

Property image for 601 University Avenue, Palo Alto, CA 94301
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Property type

Convalescent Hospitals; Skilled Nursing Facilities (75)

Acreage

0.897

Sale price

$21,964,500

General Information

Address
Primary address
601 University Ave
Palo Alto, CA 94301
Alternate address(es)
427 Webster St
437 Webster St
615 University Ave
Zip code
94301
Neighborhood
Downtown North Palo Alto
County
Santa Clara
Municipality
Palo Alto
Parcel ID
120-03-082

Owner

Find out who owns 601 University Avenue, Palo Alto, CA 94301. Uncover corporate and individual owners with a free account.

Sales
Sale date
06/05/2015
Sale price
$21,964,500
Arm's length
Tax
Tax year
2026-2027
Base tax
$268,715
Current property tax
$25,061
Building
Property type
Convalescent Hospitals; Skilled Nursing Facilities
Lot
Acreage
0.897
Zoning & use
Zoning

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
53 /100.  Good Transit
Bike score
0 /100.  Minimal Bike Infrastructure

Ownership information for 601 University Avenue, Palo Alto, CA

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

Sales history for 601 University Avenue, Palo Alto, CA 94301

Sale date Sale price Buyer name Seller name
06/05/2015 $21,964,500 XXXXXXXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXX, XXX.

*Most recent sale on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
07/26/2024 Grant Deed XXXXX XXXXX XXXXXXXXXXX XXX XXXXXXXX XXXXX XXXXX XXXXXXXXXXX XXX XXXXXXXX
06/13/2019 Grant Deed XXXXX XXXXXXXXXXX XXXXX XXXXXXXXXXX
07/31/2018 Notice XXXXXXXXX XXXXXX XXXXXXXXXXX
06/19/2015 Substitution of Trustee & Reco XXXXXXX XXXX XXXXXXX XXXX
06/05/2015 Grant Deed XXXXXX XXXXXXX, XXX. XXXXXXXXX XXXXXX XXXXXXXXXXX
03/14/2011 Release XXXX XXXXXXX XXXX XXX XXXXXXXXX XXXXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 601 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
2026-2027
Base tax
$268,715
Current property tax
$25,061
Recent tax assessments
Market value
$22,368,672
Land value
$6,471,015
Building value
$15,897,657

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 $21,930,072 1.2013 $263,446 +4.35%
2024-2025 $21,500,072 1.1743 $252,475 -15.70%
2023-2024 $25,372,684 1.1804 $299,499 -12.73%
2022-2023 $28,827,856 1.1905 $343,196 -6.45%
2021-2022 $30,817,550 1.1904 $366,852 +12.02%
2020-2021 $27,819,221 1.17716 $327,477 +0.18%
2019-2020 $27,521,757 1.18772 $326,881 +12.66%
2018-2019 $24,646,472 1.1773 $290,153 +0.85%
2017-2018 $24,384,491 1.1798 $287,696 +3.34%
2016-2017 $23,750,462 1.1722 $278,403 +21.34%

Permit information for 601 University Avenue, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
11/06/2025
05/30/2025
10/09/2020
10/09/2020
10/02/2020

*Most recent permits on record for this property.

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

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FEMA flood zones

FEMA flood zones
AH
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 601 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.

Frequently asked questions

When was 601 University Avenue, Palo Alto, CA 94301 last sold and what was the sale price?

601 University Avenue, Palo Alto, CA 94301 was last sold on 06/05/2015 for $21,964,500.

What is the assessed value of 601 University Avenue, Palo Alto, CA 94301?

601 University Avenue, Palo Alto, CA 94301 is currently assessed at $22,368,672.

What are the property taxes for 601 University Avenue, Palo Alto, CA 94301?

The property taxes for 601 University Avenue, Palo Alto, CA 94301 total $268,714.

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