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311-317 Ramona Street, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:CENTURY 21 Masters
311-317 Ramona Street,Palo Alto, CA 94301
$2,998,000
  • - Beds
  • - Baths
  • 3,169 sq. ft.
  • Multi-family
  • Active
Listed by: kelly griggs, billy mcnair
Office: coldwell banker realty
MLS#:ML82062184
Source:Bay East, CCAR, bridgeMLS

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...

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Home facts

  • Year built:1963
  • Listing ID #:ML82062184
  • Added:2 day(s) ago
  • Updated:September 25, 2026 at 03:41 AM

Rooms and interior

  • Flooring:Hardwood, Laminate
  • Living area:3,169 sq. ft.

Heating and cooling

  • Cooling:No Air Conditioning
  • Heating:Forced Air, Wall Furnace

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1963
  • Building area:3,169 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public

Finances and disclosures

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

Features and amenities

  • Laundry features:Coin Operated Laundry
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 25, 2026 CAMAXMLS Member Broker: Romeo Aurelio

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