Exceptional opportunity to remodel, develop, or reimagine a versatile property on a 5,000 square foot lot in one of Palo Alto's most sought-after neighborhoods. Located in College Terrace, this offering presents long-term upside for end users, investors, or those planning their next move in a premier setting. The main residence is a 1-bedroom, 1-bath home with a functional layout, abundant natural light, and classic period character. A large attic provides valuable bonus space for storage or flexible use. A detached ADU with its own bathroom has a history of consistently strong rental performance, offering immediate income potential or flexible living options. The private backyard provides space to create an inviting outdoor retreat. Ideally located just one block from Stanford University, steps to Cameron Park, and moments from the shops and dining along California Avenue. A rare opportunity to own a property with both flexibility and upside in an A+ Palo Alto location.
Listed by Heng Seroff Group
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License #70010137
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Compass
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650-516-7506
Last updated January 30, 2026
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Source: MLSListings #ML82032957
Listing Facts
TypeSingle-family
NeighborhoodCollege Terrace
Bedrooms1
Days on Prevu1
Size1,231 sqft
Price per sqft$2,273
Amenities
Private Outdoor Space
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
01/29/2026
Listed by Compass
$2,798,000
Property Details for 870 College Avenue
Exterior
Construction
Roof: Composition
Stories: 2
Year Built: 1915
Year Built Details: 2
Architectural Style: Cottage
Features
Fencing: Partial Fencing, Wood
Patio And Porch Features: Back Yard, Deck, Storage Shed/Structure
Measurements
Building Area Total: 1,231
Lot Size Area: 5,000
Lot Size Source: Assessor
Lot Size Square Feet: 5,000
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 137-02-082
Interior
Features
Appliances: Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator, Dryer, Washer
Flooring: Concrete, Tile, Wood
Measurements
Living Area: 1,231
Rooms
Bathrooms Full: 2
Bedrooms Total: 1
Parking
Parking
Parking Features: Off-Street Parking
Schools
Elementary School
Elementary School: Escondido 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: David Starr Jordan Middle_1
Utilities
Equipment
Heating: Wall Furnace
Laundry Features: Inside
Sewer: Public Sewer
Utilities: Natural Gas Available, Public Utilities, Water - Public, Solar
Water Source: Public
Frequently Asked Questions
How many bedrooms does this single-family home have?
There is 1 bedroom in this single-family home at 870 College Avenue.
What schools are nearby to 870 College Avenue?
Nearby schools include the Escondido Elementary, David Starr Jordan Middle_1 Middle School, and Palo Alto High.
How does 870 College Avenue compare to other single-family homes in College Terrace?
This single-family home is listed 16% below the average price for single-family homes in College Terrace and has been on the market for 4 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,231 sqft.
870 College Avenue is a 1-bedroom single-family home for sale in Palo Alto CA 94306. Listed on Prevu for 1 days at $2,798,000. This residence features 1,231 square feet of living space, located in Palo Alto. The median listing price for single-family homes in this area is $2,499,888. Nearby schools include Escondido Elementary, David Starr Jordan Middle_1 Middle School, and Palo Alto High. Additional amenities include private outdoor space, pets allowed, and parking. View other single-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.
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