311317 Ramona Street
Palo Alto, CA 94301
8
Bed
0
Bath
3,169Sqft
5,100Sqft(Lot)
Located just a few blocks from University Avenue's dining, shops, and retail, this well-maintained 4-unit multi-family offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. The desirable unit mix consists of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, totaling 3,169 SF across the building, on a 5,100 SF lot. Each unit benefits from a private yard space or a balcony. 4 garage bays. Built in 1963, the property has recently completed all required SB-721 balcony work as of July 2026, with full clearance and permitting in place. Two units offer in-unit laundry, with the remaining two served by an on-site shared laundry room. The property offers meaningful upside across al
Property Details
Map
Map
Features
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Interior Features
Roof: CompositionAppliances: Dishwasher, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Central, WallFurnace Has Cooling: Yes Cooling: None
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Building Information
Year Built: 1963Building Area Total: 3169Private Pool: No
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Lot Information
Main Square Feet: 5100 Lot Size Acres: 0.1171 Lot Size Source: Assessor Lot Size Square Feet: 5,100
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Listing Price Information
Listing Price: $2998000
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Tax Information
Parcel Number: 12025084 Annual Tax: $36957
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Virtual Tour
Parking Information
Parking Total: 4 OffStreetGarage Information
Has Garage: Yes Garage Space: 4
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School Information
Elementary School: Other Junior High School: Other Senior High School: Palo Alto -
Location Information
Direction: Cross Street: Everett WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2571 Alma Street, Palo Alto, CA, 94301 | $2,200,000 | 4 | -- | 1,822 | 6,052 Sq. Ft |
| 103 Tennyson Avenue, Palo Alto, CA, 94301 | $2,988,000 | -- | -- | 3,371 | 7,500 Sq. Ft |
| 1751 Alma Street, Palo Alto, CA, 94301 | $1,888,000 | -- | -- | 1,716 | 6,998 Sq. Ft |
| 1061 Alma Street, Palo Alto, CA, 94301 | $3,500,000 | 4 | -- | 2,577 | 10,500 Sq. Ft |
| 183 Everett Avenue, Palo Alto, CA, 94301 | $3,100,000 | 3 | -- | 1,335 | 2,613 Sq. Ft |
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Nearby For Sale
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ByOwner last updated this listing 10/02/2026 @ 05:16
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