OFF MARKET

Off market oct 2019 for $2.7M

$3,305,519

Est. refi paymentEst. refi $17,922/mo

•

1,346

sq ft

122 Rinconada Ave, Palo Alto, CA 94301

About this home

Attractive duplex with large front and back yards.Ea.unit has its own private entry. The two units share a 2-car garage. Both units are 1 BR 1 BA. Situated on a +-7,500 square foot parcel in the highly desirable and prestigious 'Old Palo Alto" neighborhood, this property offers a buyer a rare potential redevelopment opportunity in Old Palo Alto. The property is currently zoned RM-20 per the City of PA. This property offers a buyer several options to explore including redevelopment, owner occupying the existing structure or continuing with the property's current use as a rental duplex. The owner of the +-7,500 square foot parcel across the street at 115-123 Rinconada is currently in the process of developing 2 detached condominium homes per the City. Interested parties are encouraged to investigate various possibilities with the City as to what they might allow on the site and Buyers should rely solely on their own investigation. Quality Palo Alto schools. Buyer to verify all SF figures

Single-familyProperty Type

1925Year Built

7,500 sq ftLot Size

$2,456Est. Price/Sq.Ft.

1 spaceParking

Redfin checked: a minute ago

•Source:SDMLS #301765809

Redfin Estimate

$3,305,519

$556K since sold in October 2019$24K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.4% lower than the average sale price ($3.77M) of 6 comparable homes.

SOLD SEP 24, 2026
$4,500,000
A
3 beds2 baths1,260 sq ft
1135 Guinda St, Palo Alto, CA 94301
SOLD SEP 3, 2026
$4,300,000
B
3 beds2 baths1,412 sq ft
1011 Guinda St, Palo Alto, CA 94301
SOLD AUG 25, 2026
$4,000,000
C
3 beds2 baths1,632 sq ft
2339 Emerson St, Palo Alto, CA 94301
SOLD AUG 5, 2026
$4,450,000
D
3 beds2.5 baths1,392 sq ft
1023 Guinda St, Palo Alto, CA 94301
SOLD MAY 27, 2026
$3,600,000
E
3 beds2 baths1,692 sq ft
2330 Emerson St, Palo Alto, CA 94301
SOLD OCT 21, 2026
$1,800,000
F
4 beds2 baths1,920 sq ft
655 Embarcadero Rd, Palo Alto, CA 94301

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Earn from this home

Sell

$1,246,979

Est. take-home

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Est. cash available

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Market trends in 94301, CA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

107.4%

+2.3% MoM

Median sale price

$4.2M

$232K MoM

Avg. days on market

12d

6 days MoM

Recently sold homes

11 MoM

New listings for sale

$2,998,888
3 beds2 baths2,066 sq ft
165 Bryant St, Palo Alto, CA 94301
3D & VIDEO TOUR
$19,988,000
5 beds6.5 baths7,794 sq ft
900 University Ave, Palo Alto, CA 94301
$4,000,000
1 bed1 bath610 sq ft
1321 Bryant St, Palo Alto, CA 94301
3D & VIDEO TOUR
$5,998,000
3 beds4 baths2,823 sq ft
515 Webster St, Palo Alto, CA 94301
$11,200,000
5 beds5.5 baths3,300 sq ft
419 Palm St, Palo Alto, CA 94301
EARLY ACCESS
$7,450,000
4 beds3 baths2,307 sq ft
1664 Emerson St, Palo Alto, CA 94301
See all

Provided by Redfin

Sale history for 122 Rinconada Ave

Date

Event

Price

MLSListings #ML81768251

Oct 4, 2019

Listing Removed

—

Sep 12, 2019

Listed

$2,750,000

$2,043/sq ft

MLSListings #ML81768240

Oct 4, 2019

Sold

$2,750,000

$2,043/sq ft

Sep 19, 2019

Pending

—

Sep 12, 2019

Listed

$2,750,000

$2,043/sq ft

Attractive duplex with large front and back yards. Ea. unit has its own private entry. The two units share a 2-car garage. Both units are 1 BR 1 BA. Situated on a +-7,500 square foot parcel in the highly desirable and prestigious 'Old Palo Alto" neighborhood, this property offers a buyer a rare potential redevelopment opportunity in Old Palo Alto. The property is currently zoned RM-20 per the City of PA. This property offers a buyer several options to explore including redevelopment, owner occupying the existing structure or continuing with the property's current use as a rental duplex. The owner of the +-7,500 square foot parcel across the street at 115-123 Rinconada is currently in the process of developing 2 detached condominium homes per the City. Interested parties are encouraged to investigate various possibilities with the City as to what they might allow on the site and Buyers should rely solely on their own investigation. Quality Palo Alto schools. Buyer to verify all SF figures

SDMLS #301765809

Oct 4, 2019

Sold

$2,750,000

$2,043/sq ft

Sep 12, 2019

Listed

$2,750,000

$2,043/sq ft

Public Records

Feb 1, 1973

Sold

$29,700

$22/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$37,173 (+4.3%)

$3,011,898 + $55,774

$3,067,672

2024

$35,647 (+1.5%)

$2,952,842 + $54,681

$3,007,523

2023

$35,124 (+1.2%)

$2,894,944 + $53,609

$2,948,553

2022

$34,720 (+2.0%)

$2,838,181 + $52,558

$2,890,739

2021

$34,037 (+2.1%)

$2,782,531 + $51,528

$2,834,059

2020

$33,332 (+1,773.4%)

$2,727,972 + $50,518

$2,778,490

2019

$1,779 (+1.6%)

$2,700,000 + $50,000

$2,750,000

2018

$1,752 (+1.9%)

$39,529 + $30,828

$70,357

2017

$1,719 (+3.1%)

$37,995 + $29,632

$67,627

2016

$1,668 (+1.5%)

$37,995 + $29,632

$67,627

2015

$1,644 (+8.7%)

$37,250 + $29,051

$66,301

2014

$1,513 (+1.8%)

$35,973 + $28,055

$64,028

2012

$1,486 (+5.8%)

$35,811 + $27,929

$63,740

2011

$1,405 (+0.1%)

$35,109 + $27,382

$62,491

2010

$1,404 (+8.0%)

$34,421 + $26,846

$61,267

2009

$1,299 (+2.9%)

$34,164 + $26,646

$60,810

2008

$1,262

$33,575 + $26,187

$59,762

Tax history for 122 Rinconada Ave

Year

Property tax

Land + Additions

Assessment*

2025

$37,173 (+4.3%)

$3,011,898 + $55,774

$3,067,672

2024

$35,647 (+1.5%)

$2,952,842 + $54,681

$3,007,523

2023

$35,124 (+1.2%)

$2,894,944 + $53,609

$2,948,553

2022

$34,720 (+2.0%)

$2,838,181 + $52,558

$2,890,739

2021

$34,037 (+2.1%)

$2,782,531 + $51,528

$2,834,059

2020

$33,332 (+1,773.4%)

$2,727,972 + $50,518

$2,778,490

2019

$1,779 (+1.6%)

$2,700,000 + $50,000

$2,750,000

2018

$1,752 (+1.9%)

$39,529 + $30,828

$70,357

2017

$1,719 (+3.1%)

$37,995 + $29,632

$67,627

2016

$1,668 (+1.5%)

$37,995 + $29,632

$67,627

2015

$1,644 (+8.7%)

$37,250 + $29,051

$66,301

2014

$1,513 (+1.8%)

$35,973 + $28,055

$64,028

2012

$1,486 (+5.8%)

$35,811 + $27,929

$63,740

2011

$1,405 (+0.1%)

$35,109 + $27,382

$62,491

2010

$1,404 (+8.0%)

$34,421 + $26,846

$61,267

2009

$1,299 (+2.9%)

$34,164 + $26,646

$60,810

2008

$1,262

$33,575 + $26,187

$59,762

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

7,500

Year renovated

1925

Sq. Ft.

1,346

Year built

1925

Style

Single Family Residential

County

Santa Clara County

APN

12419003

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Yes

Features

—

Last updated by owner on Jan 15, 2025.

RM-20

Low Density Multiple-Family Residence District

The RM-20 low-density multiple-family residence district is intended to create, preserve and enhance areas for a mixture of single-family and multiple-family housing which is compatible with lower density and residential districts nearby, including single-family residence districts. The RM-20 residence district also serves as a transition to moderate density multiple-family districts or districts with nonresidential uses. Permitted densities in the RM-20 residence district range from 8 to 20 du per acre.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Mobile home park

Oct 3, 2025 • Final

Project - building

Replace the existing main electrical panel with a new electrical panel. Convert the existing panel into a sub panel and install new overhead conduit.

Electrical

Sep 25, 2025 • Final

Project - building

Remodel an existing single-story two-family residential building. The project includes remodeling kitchens and bathrooms, installing new mini-split systems and tankless water heaters for each unit, and upgrading the electrical panel.

Bathroom

Electrical

HVAC

Kitchen

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Multi-Unit Information
# of Units: 2

Exterior

Building Information
# of Buildings: 1
Year Built: 1925
Total Stories: 1
Roof: Composition

Property Information
Res Income 2-4 Units

Lot Information
Lot Size: 7,500-10,889 Sq. Ft.
Lot Size Source: Assessor Record

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,346
Stories: 1.0
Parking Spaces: 1
Basement: No
Accessible: No
Lot Size: 7,500 square feet
Style: Single Family Residential
Year Built: 1925
Year Renovated: 1925
County: Santa Clara County
APN: 12419003
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on Jan 15, 2025

Around this home

Schools

K - 12
Preschool & daycare

Walter Hays Elementary School

Public K-5 • Assigned • 0.8mi

9/10

Frank S. Greene Jr. Middle

Public 6-8 • Assigned • 0.7mi

9/10

Palo Alto High School

Public 9-12 • Assigned • 0.8mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

13 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

Palo Alto, CA • 94301

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.1 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

11.1 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$3.14M – $3.80M

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Home values near 122 Rinconada Ave

Data from public records.

Address	Redfin Estimate
143 Rinconada Avenue, Palo Alto, CA 2 Beds \| 1 Baths \| 968 Sq. Ft.	$3,380,006
106 Rinconada Avenue, Palo Alto, CA 4 Beds \| 2 Baths \| 1547 Sq. Ft.	$2,707,742
105 Rinconada Avenue, Palo Alto, CA 2 Beds \| 1 Baths \| 1146 Sq. Ft.	$2,197,871
115 Rinconada Avenue, Palo Alto, CA 4 Beds \| 4.5 Baths \| 1872 Sq. Ft.	$4,125,147
134 Rinconada Avenue, Palo Alto, CA 3 Beds \| 2 Baths \| 1925 Sq. Ft.	$3,873,842
1975 Alma Street, Palo Alto, CA 2 Beds \| 2 Baths \| 1097 Sq. Ft.	$2,422,042
2065 Alma Street, Palo Alto, CA 3 Beds \| 2 Baths \| 1386 Sq. Ft.	$2,925,090

Address	Redfin Estimate
135 Rinconada Avenue, Palo Alto, CA 2 Beds \| 1 Baths \| 962 Sq. Ft.	$3,065,846
130 Rinconada Avenue, Palo Alto, CA 3 Beds \| 3 Baths \| 1823 Sq. Ft.	$3,806,560
151 Rinconada Avenue, Palo Alto, CA 2 Beds \| 2 Baths \| 1255 Sq. Ft.	$2,488,903
114 Rinconada Avenue, Palo Alto, CA 4 Beds \| 3 Baths \| 2016 Sq. Ft.	$3,840,961
119 Rinconada Avenue, Palo Alto, CA 4 Beds \| 4.5 Baths \| 1872 Sq. Ft.	$3,293,622
2041 Alma Street, Palo Alto, CA - Beds \| - Baths \| 3260 Sq. Ft.	$3,165,418
2045 Alma Street, Palo Alto, CA - Beds \| - Baths \| 3476 Sq. Ft.	$3,468,317

Address	Redfin Estimate
138 Rinconada Avenue, Palo Alto, CA 3 Beds \| 1 Baths \| 1327 Sq. Ft.	$3,156,286
158 Rinconada Avenue, Palo Alto, CA 4 Beds \| 3.5 Baths \| 2776 Sq. Ft.	$5,404,348
127 Rinconada Avenue, Palo Alto, CA 3 Beds \| 2.5 Baths \| 2008 Sq. Ft.	$5,159,103
111 Rinconada Avenue, Palo Alto, CA 2 Beds \| 1 Baths \| 962 Sq. Ft.	$2,344,007
115 Rinconada Avenue, Palo Alto, CA 4 Beds \| 4 Baths \| 1880 Sq. Ft.	$2,721,081
2025 Alma Street, Palo Alto, CA 3 Beds \| 1 Baths \| 1131 Sq. Ft.	$2,247,802
2047 Alma Street, Palo Alto, CA 8 Beds \| 4 Baths \| 3476 Sq. Ft.	$2,929,468

Property information provided by SDMLS when last listed in 2019. This data may not show owner updates. Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 94301, CA

Sale history for 122 Rinconada Ave

Tax history for 122 Rinconada Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 94301

Home values near 122 Rinconada Ave

More real estate resources