870 College Avenue, Palo Alto, CA 94306
- $2,900,000
- 1
- BD
- 2
- BA
- 1,231
- SqFt
- Sold Price
- $2,900,000
- List Price
- $2,798,000
- Closing Date
- Mar 17, 2026
- Status
- CLOSED
- MLS#
- ML82032957
- Year Built
- 1915
- Bedrooms
- 1
- Bathrooms
- 2
- Living Sq. Ft
- 1,231
- Lot Size
- 5,000
- Acres
- 0.11
- Days on Market
- 7
- Property Type
- Single Family Residential
- Style
- Cottage
- Property Sub Type
- Single Family Residence
Property Description
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.
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Additional Information
- Appliances
- Disposal, Refrigerator, Range Hood, Dryer, Washer
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- View
- Neighborhood
- Patio
- Deck
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- School District
- Palo Alto Unified
- Elementary School
- Other
- Middle School
- Other
- High School
- Palo Alto
- Interior Features
- Attic
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Heng Seroff Group (info@hengseroffgroup.com) from Listing Office: Compass.
Listing sold by Igor Reznikov from RezRealty
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