| Primary address | 490 California Avenue, Palo Alto |
| Alternate address(es) | 2391 El Camino Real |
| Zip code | 94306 |
| County | Santa Clara |
| Neighborhood | Evergreen Park |
| Parcel ID | 124-32-046 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/10/2025 |
| Sale price | $14,000,000 |
| Arm's length | Register |
| Property tax | $433,983 |
| Building sqft | 24,738 |
| Building class | Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) |
| Acreage | 0.33 |
| Lot sqft | 14,417 |
| Units | 7 |
| Year built | 1984 |
| Stories | 4 |
| 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 490 California Avenue, Palo Alto, CA 94306 has a total of 24,738 square feet and a current price per square foot of $565.
What is the year built & the current market value of 490 California Avenue, Palo Alto, CA 94306?490 California Avenue, Palo Alto, CA 94306 was built in 1984 and has a current tax assessor's market value of $36,126,080.
How many commercial spaces does this building have?This building has 7 commercial spaces available for lease. There are 4 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 | 05/01/2024 |
| Last updated | 09/08/2025 |
Located in downtown Palo Alto, 490 California occupies a prime position in the California Avenue shopping district. This Class A office building combines accessibility with modern amenities, boasting an impressive walk score of 96 and bike score of 100. Its strategic location offers convenient access to Stanford University, Caltrain, and the diverse amenities of California Avenue.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Suite 400 | Office | Listing price not available | 4,372 | Joe Kelly (408) 987-4111 John McKenna (650) 688-8548 |
| Suite 200 | Office | Listing price not available | 4,955 | Joe Kelly (408) 987-4111 John McKenna (650) 688-8548 |
| Suite 210 | Office | Listing price not available | 2,396 | Joe Kelly (408) 987-4111 John McKenna (650) 688-8548 |
| Suite 400B | Office | Listing price not available | 2,609 | Joe Kelly (408) 987-4111 John McKenna (650) 688-8548 |
Create a free account to view the complete sales history for 490 California Avenue, Palo Alto, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
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 490 California Avenue, Palo Alto, CA 94306. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax | $433,983 |
| Market value | $36,126,080 |
Here's the assessment & property tax history for 490 California 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 | $36,126,080 | 1.2013 | $433,983 | +4.35% |
| 2024-2025 | $35,417,726 | 1.1743 | $415,910 | +1.47% |
| 2023-2024 | $34,723,262 | 1.1804 | $409,873 | +1.13% |
| 2022-2023 | $34,042,415 | 1.1905 | $405,275 | +2.01% |
| 2021-2022 | $33,374,918 | 1.1904 | $397,295 | +2.17% |
The complete history of permits filed for 490 California 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 | 27,183 |
| Median age | 42.3 |
| Average household income | $287,065 |
| Family households | 66.6% |
| Occupied housing units | 10,640 |
| Owner occupied units | 52.6% |
| Average number of people per household | 2.55 |
| Median year structure built | 1963 |
| 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 490 California 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 490 California Avenue, Palo Alto to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 490 California Avenue, Palo Alto.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1743 Alma St, Palo Alto | 07/27/2015 | $1,445,000 | |
| 415 Cambridge Ave, Palo Alto | 6,125 | 03/04/1992 | $875,000 |
| 451 Sherman Ave, Palo Alto | 10,000 | 03/26/2003 | |
| 452 Grant Ave, Palo Alto | 5,368 | 06/18/2009 | |
| 2305 El Camino Real, Palo Alto | 4,155 | 07/03/2017 | $4,590,000 |
| 441 California Ave, Palo Alto | 8,100 | 06/02/2022 | |
| 346 College Ave, Palo Alto | 5,166 | 06/05/2013 | |
| 440 California Ave, Palo Alto | 5,250 | 12/22/2021 | $5,000,000 |
| 2453 Ash St, Palo Alto | 9,346 | 09/03/2014 | $3,500,000 |
| 302 College Ave, Palo Alto | 11/14/2003 | $605,000 | |
| 2438 Ash St, Palo Alto | 07/18/2025 | ||
| 393 California Ave, Palo Alto | 14,002 | 06/22/1988 | $500,000 |
| 407 California Ave, Palo Alto | 8,000 | 07/18/2025 | |
| 445 Sherman Ave, Palo Alto | 18,904 | 06/03/2021 | $33,800,000 |
| 334 Leland Ave, Palo Alto | 01/05/2004 | ||
| 317 Leland Ave, Palo Alto | 05/11/1999 | ||
| 361 California Ave, Palo Alto | 6,700 | 08/18/2020 | |
| 333 Leland Ave, Palo Alto | 05/31/2019 | ||
| 425 California Ave, Palo Alto | 5,556 | 05/30/2019 | |
| 1885 El Camino Real, Palo Alto | 3,058 | 06/02/1998 | $299,000 |