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628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
628 Colorado Avenue, Palo Alto CA 94306
California>Palo Alto>Midtown Palo Alto

628 Colorado AvenuePalo Alto, CA 94306

For Sale

$3,588,800

Smart Buyer Rebate $35,888

This fourplex is a True Gem in the MidTown Palo Alto, Offering a unique chance for savvy investors to dive into a prime piece of real estate. The property boasts an impressive configuration of (4) 2 bedroom, 1 bath units. Additional features include Four Car Garages, and 2 extra parking spaces. Remodeled kitchens and bathrooms, hardwood floors and inside laundry with storage in each unit, with excellent layout setting. There's plenty of room to appreciate and grow. Fully rented out with high rental demand. Close to key amenities and landmarks, Stanford University, Stanford shopping Center, Midtown Shopping Center, University Downtown Palo Alto and Pearson-Aratradero Preserve-Hiker's Paradise. This Is a best gateway to the best of Palo Alto living! GREAT OPPORTUNITY!

Listed by Priscilla Wang

·

License #01087702

·

Christie's International Real Estate Sereno

·

408-807-6128

Last updated January 29, 2026

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Source: MLSListings #ML82031861

Listing Facts

  • TypeMulti-family
  • NeighborhoodMidtown Palo Alto
  • Days on Prevu10
  • Taxes$21,980/year
  • Size3,822 sqft
  • Price per sqft$939

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/27/2026
Status changed to Active
$3,588,800
01/22/2026
Status changed to Removed from Feed
$3,588,800
01/20/2026
Listed by Christie's International Real Estate Sereno
$3,588,800

Property Details for 628 Colorado Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 2
  • Year Built: 1953
  • Year Built Details: 2

Features

  • Other Structures: Other

Measurements

  • Building Area Total: 3,822
  • Lot Size Area: 8,445
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,445
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.14
  • Gross Income: $145,236.00
  • Operating Expense Includes: Capital Improvements, Gardener, Insurance, Vacancy Allowance, Water/Sewer

Taxes

  • Parcel Number: 132-55-017
  • Tax Annual Amount: $21,980.00

Interior

Features

  • Appliances: Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator, Washer/Dryer
  • Flooring: Carpet, Hardwood, Vinyl/Linoleum

Measurements

  • Living Area: 3,822

Other

Features

  • Accessibility Features: Parking

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Carport, Off-Street Parking
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: El Carmelo Elementary
  • Elementary School District: Palo Alto Unified

High School

  • High School: Palo Alto High
  • High School District: Palo Alto Unified

Middle or Junior School

  • Middle Or Junior School: Jane Lathrop Stanford Middle

Utilities

Equipment

  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 628 Colorado Avenue.

What schools are nearby to 628 Colorado Avenue?

Nearby schools include the El Carmelo Elementary, Jane Lathrop Stanford Middle, and Palo Alto High.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 628 Colorado Avenue.

What are the annual taxes for 628 Colorado Avenue?

Annual taxes for this multi-family home are estimated at $21,980.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,822 sqft.

628 Colorado Avenue is a -bedroom multi-family home for sale in Palo Alto CA 94306. Available on Prevu for 10 days at $3,588,800. This residence features 3,822 square feet of living space, located in Midtown Palo Alto. The median listing price for multi-family homes in this area is $1,798,000. Nearby schools include El Carmelo Elementary, Jane Lathrop Stanford Middle, and Palo Alto High. The home offers dishwasher, pets allowed, and parking. Browse more multi-family home listings in Palo Alto.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.