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$3,588,800 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Car Garage
  • Updated 1 hour ago
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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!

Full Property Details for 628 Colorado Ave

General

  • Price: $3,588,800
  • Status: Active
  • Type: Multi-Family
  • Source: RE_Infolink
  • MLS ID: ML82031861
  • Updated: Today (1/20/2026)
  • Added to Site: Today

Interior

  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Granite Countertop, Dishwasher, Exhaust Fan, Garbage Disposal, Electric Oven/Range, Refrigerator
  • Laundry: Washer / Dryer

Additional Information

  • Extras: Not Applicable
  • Security/Safety: Other

Parking

  • Garage Spaces: 4
  • Parking Features: Carport , Off-Street Parking, Unassigned Spaces

Location

  • Area: Midtown
  • County: Santa Clara
  • Cross Streets: Middlefield

Heating & Cooling

  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Disability Access: Parking
  • Square Feet: 3,822
  • Year Built: 1953

Unit Information

Unit 1

  • Square Feet: 955
  • Bedrooms: 2

Unit 2

  • Square Feet: 955
  • Bedrooms: 2

Unit 3

  • Square Feet: 955
  • Bedrooms: 2

Unit 4

  • Square Feet: 955
  • Bedrooms: 2

Lot Features

  • Minimum Lot Size: 8445
  • Lot Size (Sq. Ft.): 8,445
  • Building Sites: 1
  • Grounds/Landscape: Back Yard, Balcony / Patio, Other
  • Zoning: RM3

Green Features

  • Energy Efficient: Double-Pane Windows

Listed by Christie's International Real Estate Sereno, Priscilla Wang

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Listing agent

— 628 Colorado Ave —

  • Priscilla Wang

    Christie's International Real Estate Sereno

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 628 Colorado Ave

School District:Palo Alto Unified School District
NameGradesDistance
El Carmelo Elementary School
3024 Bryant Street, Palo Alto, CA 94306
K-50.5 mi
Jane Lathrop Stanford Middle School
480 East Meadow Drive, Palo Alto, CA 94306
6-80.9 mi
Palo Alto High School
50 Embarcadero Road, Palo Alto, CA 94301
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 628 Colorado Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/20/2026
Listed
$3,588,800
192.96%
MLS
2/13/2004
Sold
$1,225,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 628 Colorado Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$1,741,681
2%
2023
100%
$1,707,531
2%
2022
100%
$1,674,051
2%
2022
-100%
$1,641,227
2%
2021
$20,128
2%
$1,609,047
1%
2020
$19,719
1%
$1,592,549
2%
2019
$19,500
3%
$1,561,324
2%
2018
$18,972
2%
$1,530,710
2%
2017
$18,639
3%
$1,500,697
2%
2016
$18,150
1%
$1,471,273
2%
2015
$17,971
2%
$1,449,174
2%
2014
$17,577
—
$1,420,788
—
2013
$17,548
—
$1,414,368
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Christie's International Real Estate Sereno, Priscilla Wang

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628 Colorado Ave, Palo Alto, CA 94306 (MLS# ML82031861) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 628 Colorado Ave is currently listed for $3,588,800 and was received on January 20, 2026. Want to learn more about 628 Colorado Ave? Do you have questions about finding other Multi-Family real estate for sale in Midtown? You can browse all Midtown real estate or contact a Coldwell Banker agent to request more information.

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