OFF MARKET

Off Market Jun 2021 for $5.6M

—

Est. refi paymentEst. refi $36,635/mo

•

6,121

sq ft

759 Middlefield Rd, Palo Alto, CA 94301

About this home

This is a trophy location in Crescent Park, 3 blocks to University Avenue. These types of buildings don't become available often. Great income and long-term hold for appreciation. Building has substantial upgrades including dual-pane windows, forced-air furnaces for ea. unit, true oak hardwood floors, updated baths and maple kitchen cabinets. All units are very spacious with an open flow floor plan in the main living area. Attractive amenities include private balconies and patios, separate dining areas and dual entrances for 5 of the units. Covid showing restrictions apply.

Multi-familyProperty Type

1964Year Built

10,107 sq ftLot Size

$927Price/Sq.Ft.

3 spacesParking

Listed by Connie Miller •DRE #01275848 • Compass

Contact: 650-279-7074

Bought with Jeff Lang •DRE #01221669 • KW San Francisco

Redfin checked: 2 minutes ago

•Source:MLSListings #ML81842146

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 94301, CA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.7%

1.2% MoM

Median sale price

$4.2M

$561K MoM

Avg. days on market

17d

6 days MoM

Recently sold homes

14 MoM

New listings for sale

$3,488,843
3 beds2.5 baths1,782 sq ft
302 Channing Ave, Palo Alto, CA 94301
$3,750,000
1 bed1 bath1,020 sq ft
246 Palo Alto Ave, Palo Alto, CA 94301
$1,680,000
2 beds1.5 baths1,290 sq ft
755 Ramona St, Palo Alto, CA 94301
$7,295,000
4 beds2.5 baths2,965 sq ft
1800 Waverley St, Palo Alto, CA 94301
HOT HOME
$4,798,000
4 beds3 baths1,965 sq ft
1131 Parkinson Ave, Palo Alto, CA 94301
EARLY ACCESS
$1,800,000
2 beds2 baths1,457 sq ft
101 Alma St #301, Palo Alto, CA 94301
EARLY ACCESS
$8,498,000
6 beds4 baths2,750 sq ft
1535 Cowper St, Palo Alto, CA 94301
$1,495,000
2 beds2 baths1,429 sq ft
101 Alma St #503, Palo Alto, CA 94301
$11,000,000
22 beds20 baths12,830 sq ft
837 Cowper St, Palo Alto, CA 94301
$1,998,000
2 beds2 baths960 sq ft
1321 Hopkins Ave, Palo Alto, CA 94301
See all

Provided by Redfin

Sale history for 759 Middlefield Rd

Year

Property tax

Land + Additions

Assessment*

2025

$51,576 (−0.5%)

$2,800,000 + $1,700,000

$4,500,000

2024

$51,828 (−26.8%)

$3,111,000 + $1,295,400

$4,406,400

2023

$70,770 (+1.2%)

$3,050,000 + $1,270,000

$4,320,000

2022

$69,964 (+978.0%)

$4,161,600 + $1,742,670

$5,904,270

2021

$6,490 (+1.9%)

$201,566 + $266,144

$467,710

2020

$6,372 (+1.2%)

$197,614 + $260,926

$458,540

2019

$6,298 (+46.1%)

$195,588 + $258,251

$453,839

2018

$4,311 (+1.8%)

$191,753 + $253,188

$444,941

2017

$4,234 (+2.8%)

$84,380 + $190,095

$274,475

2016

$4,118 (+1.2%)

$84,380 + $190,095

$274,475

2015

$4,071 (+4.3%)

$82,726 + $186,368

$269,094

2014

$3,902 (+1.9%)

$79,888 + $179,974

$259,862

2012

$3,828 (+5.9%)

$79,527 + $179,161

$258,688

2011

$3,615

$77,968 + $175,649

$253,617

2010

$3,613 (+3.6%)

$76,440 + $172,205

$248,645

2009

$3,486 (+4.4%)

$75,869 + $170,918

$246,787

2008

$3,338

$74,559 + $167,966

$242,525

Tax history for 759 Middlefield Rd

Year

Property tax

Land + Additions

Assessment*

2025

$51,576 (−0.5%)

$2,800,000 + $1,700,000

$4,500,000

2024

$51,828 (−26.8%)

$3,111,000 + $1,295,400

$4,406,400

2023

$70,770 (+1.2%)

$3,050,000 + $1,270,000

$4,320,000

2022

$69,964 (+978.0%)

$4,161,600 + $1,742,670

$5,904,270

2021

$6,490 (+1.9%)

$201,566 + $266,144

$467,710

2020

$6,372 (+1.2%)

$197,614 + $260,926

$458,540

2019

$6,298 (+46.1%)

$195,588 + $258,251

$453,839

2018

$4,311 (+1.8%)

$191,753 + $253,188

$444,941

2017

$4,234 (+2.8%)

$84,380 + $190,095

$274,475

2016

$4,118 (+1.2%)

$84,380 + $190,095

$274,475

2015

$4,071 (+4.3%)

$82,726 + $186,368

$269,094

2014

$3,902 (+1.9%)

$79,888 + $179,974

$259,862

2012

$3,828 (+5.9%)

$79,527 + $179,161

$258,688

2011

$3,615

$77,968 + $175,649

$253,617

2010

$3,613 (+3.6%)

$76,440 + $172,205

$248,645

2009

$3,486 (+4.4%)

$75,869 + $170,918

$246,787

2008

$3,338

$74,559 + $167,966

$242,525

*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

10,000 Sq. Ft.

Year renovated

1964

Sq. Ft.

6,121

Year built

1964

Style

Multi-Family (5+ Unit)

County

Santa Clara County

APN

00332039

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 21, 2026.

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

May 3, 2021 • Final

Project - building

Repair a gas leak.

Gas

Jan 25, 2011 • Active

Project - building

Repair a sewer pipe located by the sidewalk. Excavate a trench to replace the damaged section of the pipe.

Plumbing

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

Parking

Parking Information
Carport (Minimum): 6
Parking Description: Covered Parking, On Street
Parking Spaces: 3

Interior

Virtual Tour

Room Information
Laundry Room
Kitchen Description: Appliances (Varies by Unit), Cooktop (Electric), Countertop (Formica), Countertop (Tile), Dishwasher, Exhaust Fan, Garbage Disposal, Oven (Built-In), Refrigerator(s)

Interior Features
Laundry: Coin-Operated, Washer/Dryer
Flooring: Carpet, Hardwood, Laminate, Tile

Heating & Cooling Information
Heating: Central Forced Air (Gas)

Multi-Unit Information
# of Units in Complex (Minimum): 6
Annual Rental Income: $285,600
Annual Gross Income: $281,848
Gross Rent Multiplier: 20.86
Gross Scheduled Income: $287,600
Other Income: $2,000
Total Expenses: $35,177
Vacancy Factor: 2

Unit Type 1 Information
# of Bedrooms: 2
# of Units (Total): 4
# of Baths (Full): 2
Approx Sq. Ft.: 945
Rent: $1,500

Unit Type 2 Information
# of Bedrooms: 2
# of Units (Total): 1
# of Baths (Full): 2
Approx Sq. Ft.: 955
Rent: $3,800

Unit Type 3 Information
# of Bedrooms: 3
# of Units (Total): 1
# of Baths (Full): 2
Approx Sq. Ft.: 1385
Rent: $4,800

Exterior

Exterior Features
View: Other (See Remarks)
Roof: Composition
Yard/Grounds: Balcony/Patio, Low Maintenance, Sprinkler(s) (Auto)

Building Information
# of Buildings: 1
Style: Other (See Remarks)
Subclass: 5+ Units
Construction Type: Wood Frame
Concrete Slab, Crawl Space

Property Features
Communication: Cable TV
Living Sq. Ft.: 6,121

Property Information
Ownership Type: Partnership
Property Primary ID: 659523
Tenant Expenses: Utilities (Electric), Utilities (Gas), Utilities (Heating)

Land Information
Landscape Expense: $2,250

Lot Information
Lot Acres: 0.232
Lot Description: Grade (Level)
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: RM2T

Financial

Tax/Assessment Information
Annual Tax Amount: $7,032
City Transfer Tax: Yes

Utilities

Utility Information
Energy Features: Double Pane Windows, Thermostat Controller
Meters: Separate Electric
Sewer Septic: Sewer (Public)
Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
Trash Expense: $3,455
Utility Expenses: $7,105

Water Information
Water: Public

Location

HOA Information
HOA Amenities: Common Utility Room

School Information
Elementary School: Addison Elementary
Elementary School District: Palo Alto Unified
Middle School: Frank S. Greene Middle
High School: Palo Alto High
High School District: Palo Alto Unified

Location Information
Directions: On the corner of Homer/Middlefield. Homer is one-way so go around the block on Channing or Forest and park on Homer.

Public facts

Beds: —
Baths: —
Sq. Ft.: 6,121
Stories: 2.0
Lot Size: 10,000 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1964
Year Renovated: 1964
County: Santa Clara County
APN: 00332039

Home facts updated by county records on Aug 21, 2026

Other

Miscellaneous Information
Incorporated: Yes

Around this home

Schools

Addison Elementary School

Public K-5 • Assigned • 0.2mi

9/10

Frank S. Greene Jr. Middle

Public 6-8 • Assigned • 1.3mi

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 90° 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

12 unhealthy days expected this year, 12 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

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Home values near 759 Middlefield Rd

Data from public records.

Address	Redfin Estimate
741 Middlefield Rd, Palo Alto, CA - Beds \| - Baths \| 2110 Sq. Ft.	$2,968,570
719 Middlefield Rd, Palo Alto, CA 5 Beds \| 4 Baths \| 1437 Sq. Ft.	$4,091,939

Address	Redfin Estimate
752 Middlefield Rd, Palo Alto, CA 3 Beds \| 2 Baths \| 1788 Sq. Ft.	$2,919,389
801 Middlefield Rd, Palo Alto, CA - Beds \| - Baths \| 13175 Sq. Ft.	—

Address	Redfin Estimate
735 Middlefield Rd, Palo Alto, CA 4 Beds \| 3.5 Baths \| 2498 Sq. Ft.	$4,200,983
727 Middlefield Rd, Palo Alto, CA 4 Beds \| 2.5 Baths \| 2405 Sq. Ft.	$3,795,021

Property information provided by MLSListings when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 94301, CA

Sale history for 759 Middlefield Rd

Tax history for 759 Middlefield Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 94301

Home values near 759 Middlefield Rd

More real estate resources