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423 University Avenue, Palo Alto, CA 94301 Property Information

423 University Avenue, Palo Alto, CA 94301 Property Information

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

Primary address 423 University Avenue, Palo Alto
Zip code 94301
County Santa Clara
Neighborhood Downtown North Palo Alto
Parcel ID 120-15-030

Sales & Tax Overview for 423 University Avenue, Palo Alto

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Sale date 01/20/2022
Sale price $4,192,500
Arm's length
Property tax $53,444

Lot & Building Information for 423 University Avenue, Palo Alto

Building sqft 3,050
Building class Retail Uses in Other Than Regional, Community and Neighborhood Shopping Centers (58)
Acreage 0.06
Lot sqft 2,750
Units 1
Year built 1927
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 423 University Avenue, Palo Alto

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  • • Improvements for 423 University Avenue, Palo Alto , including their type, square footage, grade and when they were built.
  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 423 University Avenue, Palo Alto

How many sq. ft. does 423 University Avenue, Palo Alto, CA 94301 have & what is the price per sq. ft?

This Retail Uses in Other Than Regional, Community and Neighborhood Shopping Centers (58) located at 423 University Avenue, Palo Alto, CA 94301 has a total of 3,050 square feet and a current price per square foot of $1,374.

What is the year built & the current market value of 423 University Avenue, Palo Alto, CA 94301?

423 University Avenue, Palo Alto, CA 94301 was built in 1927 and has a current tax assessor's market value of $4,448,847.

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 423 University Avenue, Palo Alto

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Purchase date Purchase price Buyer name Seller name
01/20/2022 $4,192,500

Title Documents for 423 University Avenue, Palo Alto

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
09/29/2025 Ucc - Financing Statement - Termination
09/29/2025 Reconveyance
Substitution Trustee
01/20/2022 Ucc - Financing Statement
01/20/2022 Agreement
01/20/2022 Assignment of Rents and Leases
01/20/2022 Deed of Trust
01/20/2022 Grant Deed
08/11/2011 Deed
03/12/2003 Deed
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R: Recorded date
D: Document date

Property Taxes for 423 University Avenue, Palo Alto

Access detailed property tax data for 423 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 $53,444
Market value $4,448,847

Assessment History for 423 University Avenue, Palo Alto

Here's the assessment & property tax history for 423 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 $4,448,847 1.2013 $53,444 +4.35%
2024-2025 $4,361,616 1.1743 $51,218 +1.47%
2023-2024 $4,276,095 1.1804 $50,475 +172.51%
2022-2023 $1,555,858 1.1905 $18,522 +2.01%
2021-2022 $1,525,352 1.1904 $18,158 +2.17%

Permits for 423 University Avenue, Palo Alto

The complete history of permits filed for 423 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
04/20/2022
04/20/2022
09/09/2020
09/09/2020
09/02/2020
02/24/2016
11/23/2015
08/03/2015
07/29/2013
10/31/2012
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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

Access the detailed traffic volume map for 423 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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Neighbors for 423 University Avenue, Palo Alto

Here are the neighbors for 423 University Avenue, Palo Alto.

Address Square feet Purchase date Purchase price
738 Cowper St, Palo Alto 4,320 07/01/2016 $3,850,000
640 Waverley St, Palo Alto 1,012 10/11/2012
457 Forest Ave, Palo Alto 7,414 12/17/2010 $3,047,500
431 Waverley St, Palo Alto 15,599 04/27/2022 $36,000,000
475 Homer Ave, Palo Alto
650 Waverley St, Palo Alto 04/30/2002 $1,200,000
454 Forest Ave, Palo Alto 3,010 05/31/2022 $6,650,000
469 Homer Ave, Palo Alto 07/30/2024 $2,875,000
533 Bryant Ave, Palo Alto 3,753 11/21/2014
345 Hamilton Ave, Palo Alto
706 Cowper St, Palo Alto 7,163 06/02/2020
661 Bryant St, Palo Alto 13,316 06/28/2013 $15,000,000
743 Waverley St, Palo Alto 5,066 12/21/2012
730 Cowper St, Palo Alto 4,132 11/10/2015 $3,300,000
425 Homer Ave, Palo Alto 1,900 12/05/2019
636 Waverley St, Palo Alto 10,278 05/30/2012 $1,650,000
627 Bryant St, Palo Alto
470 Hamilton Ave, Palo Alto 1,047
704 Waverley St, Palo Alto 02/25/2000
635 Bryant St, Palo Alto 3,256 12/13/2013

Nearby ZIP Codes for 423 University Avenue, Palo Alto

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