311-317 Ramona Street, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:ERA Excel Realty
311-317 Ramona Street,Palo Alto, CA 94301
$2,998,000
  • - Beds
  • - Baths
  • 3,169 sq. ft.
  • Multi-family
  • Active
Listed by: kelly griggs
Office: coldwell banker realty
MLS#:82062184
Source:MLSListings

Price summary

  • Price:$2,998,000
  • Price per sq. ft.:$946.04

About this home

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 all four units, with rents currently below market. 94301 has posted consistent year-over-year rent growth, outperforming the broader metro and reflecting strong submarket fundamentals stable cash flow...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1963
  • Listing ID #:82062184
  • Added:5 day(s) ago
  • Updated:September 28, 2026 at 05:06 PM

Rooms and interior

  • Flooring:Hardwood, Laminate
  • Kitchen Description:Dishwasher, Refrigerator
  • Living area:3,169 sq. ft.

Heating and cooling

  • Heating:Central Forced Air, Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1963
  • Building area:3,169 sq. ft.
  • Lot area:0.12 Acres
  • Foundation Description:Concrete Perimeter

Schools

  • High school:Palo Alto High
  • Middle school:Frank S. Greene Middle
  • Elementary school:Addison Elementary

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$2,998,000
  • Price per sq. ft.:$946.04

Features and amenities

  • Laundry features:Coin Operated Laundry, Washer/Dryer - Some Units

Parking

  • Parking description:Attached, Off Street Parking
MLS LogoThe information being provided by Mlslistings Inc is for the 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. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Mlslistings Inc. ERA Excel Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Excel Realty, a broker participant of Mlslistings Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Mlslistings Inc and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Mlslistings Inc. All rights reserved. This data is updated every 12 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. IDX display powered by Anywhere Real Estate.

New listings near 311-317 Ramona Street