Listed 11 days ago · August 20, 2026 | MLS# ML82056815
$857/sqft -50% vs Palo Alto avg
What this means: Priced below the Palo Alto per-sqft average. Compare to recent sales below for context.
Est. $68,797/moP&I $57,077 · Tax $11,458 · Insurance $262 · HOA $0Assumes 20% down ($2,200,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Palo Alto, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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0 Bed / 0 Bath / 12,830 sqft on 17,500 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $11.0M vs City Average $3.5M
$857/sqft compared to Palo Alto avg $1,699/sqft (-49.5%).
Best fit forActive BuyersPalo Alto SearchersMove-Up / Move-In
About This Home
* Nestled in the heart of Downtown Palo Alto University South, one of Palo Altos most desirable neighborhood and a few minutes away from Palo Alto CALTrain station.
* The property presents a rare opportunity to own a 14-unit multi-family property offering both strong income and long-term growth potential.
* Built in 1961 on an expansive 17,500 sqft (0.40 acre) lot, this 2-story building features approximately12,830 sqft of living area, (740-1100 sqft per unit, buyer to verify square footage).
* All the units have 3-4 sided independent walls & balconies, granite slab, newer appliances and fixtures. Most have dishwasher, washer and dryer in unit.
* The property's beautifully landscaped grounds are a standout feature with a variety of mature fruit trees & a peaceful garden courtyard that creates a serene atmosphere for residents.
* The 1- & 2-bed apartments' actual rents ($2,900 -$5,100/mo) in one of the regions strongest rental markets.
* 11 units were remodeled in 2022-2023 and the rest of 3 units were updated approximately 10 years ago.
* Roof, gutter, furnaces, windows, hot water heaters, circulator etc. were replaced over the years of ownership.
* Ample off-street permitted parking & on-site laundry facilities.
* Deck, property & termite reports available.
* An A+ property.
MLS ID #ML82056815, Monica Yeung Arima. Listing provided by Yarkin Realty · MLSListings Inc.
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Property Details
Property Type
FiveOrMoreUnits
Year Built
1961
Bedrooms
0
Bathrooms
0 Full
Living Area
12,830 sqft
Lot Size
17,500 sqft
Garage
N/A
Price/sqft
$857
County
SantaClara
MLS Number
ML82056815
Status
Active
Stories
N/A
HOA
None
Interior Features
CentralForcedAir_Gas
Exterior & Lot
Composition, Shingle Roof0.40 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
837 Cowper ST, Palo Alto, CA 94301 · SantaClara County
Market Context
Price Positioning
$Price context: Listed at $857/sqft vs Palo Alto avg $1,699/sqft (49.5% below).
$Sale-to-list: Palo Alto homes selling at 104.1% of asking.
⏲Velocity: City avg 25 days. This home: 11 days.
🏠Inventory:0 0-bedroom homes currently available in Palo Alto.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
This 12,830 square foot home at 837 Cowper ST in Palo Alto features 0 bedrooms and 0 bathrooms. Listed at $11,000,000, this DowntownPaloAlto property reflects the current pricing trends for 0-bedroom homes in the 94301 zip code.
0-Bedroom Homes for Sale in Palo Alto 94301
Browse 0-bedroom home listings in the DowntownPaloAlto area of Palo Alto. Properties in 94301 are currently averaging $1,699 per square foot with 25 days on market.
What to Expect When Buying in DowntownPaloAlto
The DowntownPaloAlto market in Palo Alto features a mix of home properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.
Listed at $11,000,000 ($857/sqft). Palo Alto avg is $1,699/sqft, placing this 49.5% below. Comparable recent sales help frame the value.
Listed 11 days (as of August 20, 2026). Palo Alto average is 25 days.
Est. $68,797/mo with 20% down ($2,200,000) at 6.75%. Includes principal & interest ($57,077), property tax ($11,458), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 82 active listings in Palo Alto (0 are 0-bedroom). At $11,000,000 this is positioned against the city average of $3,529,841. Similar homes have sold at 104.1% of asking.
0-bedroom homes in Palo Alto (94301) are currently averaging $1,699 per square foot. Market activity shows homes spending an average of 25 days on market in this area.
837 Cowper ST in Palo Alto is currently listed at $11,000,000. This 0-bedroom, 0-bathroom home is located in the DowntownPaloAlto area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Aug 31, 2026 8:45 AM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Aug 31, 2026 8:45 AM PT | Source: MLSListings Inc.
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