---
listing_id: ML81952083
status: Closed
price: 3631750
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 3293
sqft_lot: 4792
lot_acres: 
year_built: 1910
property_type: Residential Income
property_subtype: 
address: "412 Leland Ave"
city: Palo Alto
state: CA
zip: 94306
county: "Santa Clara County"
lat: 37.429309
lng: -122.149768
days_on_market: 804
hoa_fee: 
hoa_frequency: 
garage_spaces: 2
list_agent: "Cole Simpson"
list_office: "Marcus & Millichap"
list_agent_phone: "(650) 888-7696"
list_agent_license: 02016525
mls_source: MLSL
modified: 2026-02-01
transaction_type: recentlySold
---

Home | Santa Clara County | Palo Alto | 94306 | 412 Leland Ave

412 Leland Ave, Palo Alto, CA 94306

MLS: ML81952083 | Status: Sold | Price: $3,631,750
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
3,293 4,792 1910

Remarks

408-412 Leland Ave is a stunning 5*-unit investment opportunity located across the street from the globally recognized Stanford University Campus in the thriving city of Palo Alto, California. Situated on a 5,000-square-foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 3,293 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. Additionally, investors have the opportunity to further increase cash flow through developing a two-bedroom two-bathroom ADU. 408-412 Leland Ave is well-positioned in one of the Bay Area's most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of "Top 100 Best Places to Live in America". The subject property offers renters closer proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Cloudera, Visa, Sony as well as many others.

MLS Listing Information

Field Value
MLS # ML81952083
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Cooling None
Heating Wall Furnace

Exterior Features

Feature Details
Roof Shingle
Foundation Wood Frame

Parking, School, and Other Information

Feature Details
Garage/Parking Attached Garage, Off-Street Parking, Garage: 2 Car(s)
Elementary District Palo Alto Unified
High School District Palo Alto Unified
Sewer Public Sewer
Water Public
Zoning RM2

Contact Information

Listing Agent Co-Listing Agent
Cole Simpson Robert Johnston
Marcus & Millichap Marcus & Millichap
License #: 02016525 License #: 01853816
Phone: (650) 888-7696 Phone: (650) 391-1744

Property Units

# Buildings # Leased Units # Total Units
1 4 4

Unit Details

Unit # Sq Ft Beds Baths Rent
1 3 2/0
2 2 2/0
3 2 1/0
4 2 1/0

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Palo Alto Adult Education public UG 0.64 mi N/A
Escondido Elementary School public K-5 0.65 mi 10
Palo Alto High School public 9-12 0.71 mi 10
Walter Hays Elementary School public K-5 1.01 mi 9
Frank S. Greene Jr. Middle public 6-8 1.04 mi 9
Lucille M. Nixon Elementary School public K-5 1.09 mi 10
El Carmelo Elementary School public K-5 1.09 mi 9
Addison Elementary School public K-5 1.15 mi 8
Barron Park Elementary School public K-5 1.35 mi 9
Packard Children's Hospital/Stanford public K-12 1.40 mi N/A
Ohlone Elementary School public K-5 1.60 mi 10
Duveneck Elementary School public K-5 1.61 mi 9
Jane Lathrop Stanford Middle School public 6-8 1.77 mi 9
Juana Briones Elementary School public K-5 1.85 mi 10
Fairmeadow Elementary School public K-5 1.92 mi 10
Palo Verde Elementary School public K-5 1.95 mi 8
Herbert Hoover Elementary School public K-5 2.10 mi 9
Henry M. Gunn High School public 9-12 2.12 mi 10
Ellen Fletcher Middle public 6-8 2.21 mi 8
Oak Knoll Elementary School public K-5 2.31 mi 10

Disclosures

©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Cole Simpson, (650) 888-7696.