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$3,050,000
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Property Description
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 utility room 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
Full Property Details for 628 Colorado Ave
General
- Sold For: $3,050,000
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82031861
- Added to Site: 118 day(s) ago
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: Separate Electric, Separate Gas, Separate Water
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
Sold by Apr, Carol Li
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Schools
Schools serving 628 Colorado Ave
School District:Palo Alto Unified School District
| Name | Grades | Distance |
|---|---|---|
El Carmelo Elementary School 3024 Bryant Street, Palo Alto, CA 94306 | K-5 | 0.5 mi |
Jane Lathrop Stanford Middle School 480 East Meadow Drive, Palo Alto, CA 94306 | 6-8 | 0.9 mi |
Palo Alto High School 50 Embarcadero Road, Palo Alto, CA 94301 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 628 Colorado Ave
Date
Details
Price
Change
Source
4/08/2026
Sold
$3,050,000
-4.69%
MLS
2/24/2026
Price Reduced
$3,200,000
-10.83%
MLS
1/20/2026
Listed
$3,588,800
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
628 Colorado Ave, Palo Alto, CA 94306 (MLS# ML82031861) is a Multi-Family property that was sold at $3,050,000 on April 08, 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.

