870 College AVE Palo Alto, CA 94306 Open Sun 2PM-4PM

UPDATED: 01/31/2026 07:20 AM ON SITE: 2 days on site

$2,798,000

1 Bed2 Baths1,231 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,231 sqft

Price per Sqft $2,272

MLS Listing ID ML82032957

Style Cottage

Bedrooms 1

Full Baths 2

Year Built 1915

Lot Size 5,000 Sqft

Property Sub-Type Single Family Home

Property Description

Exceptional opportunity to remodel, develop, or reimagine a versatile property on a 5,000 square foot lot in one of Palo Alto's most sought-after neighborhoods. Located in College Terrace, this offering presents long-term upside for end users, investors, or those planning their next move in a premier setting. The main residence is a 1-bedroom, 1-bath home with a functional layout, abundant natural light, and classic period character. A large attic provides valuable bonus space for storage or flexible use. A detached ADU with its own bathroom has a history of consistently strong rental performance, offering immediate income potential or flexible living options. The private backyard provides space to create an inviting outdoor retreat. Ideally located just one block from Stanford University, steps to Cameron Park, and moments from the shops and dining along California Avenue. A rare opportunity to own a property with both flexibility and upside in an A+ Palo Alto location.