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458-460 Margarita Ave

Palo Alto, CA 94306

4 bd 2 ba 1,400 sqft Built 1949 Lot 7,200 sqft multi_family
Most recent sale
$2,200,000
Dec 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2023 Sold $2,200,000 MLSListings
Oct 31, 2023 Listed $2,188,000 MLSListings
Oct 2, 2015 Listing removed $2,600 MLSListings
Oct 1, 2015 Listing removed $2,800 MLSListings
Sep 28, 2015 Price changed (rent) $2,800 MLSListings
Sep 1, 2015 Price changed (rent) $2,900 MLSListings
Aug 21, 2015 Listed for rent $3,500 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $102,000 $2,142,000 $2,244,000 $28,000
2024 $102,000 $2,142,000 $2,244,000 $26,857
2023 $138,440 $117,538 $255,978 $4,024
2022 $135,726 $115,234 $250,960 $3,969
2021 $133,065 $112,975 $246,040 $3,890
2019 $129,119 $109,625 $238,744 $3,779
2018 $126,588 $107,476 $234,064 $3,695
2017 $124,106 $105,369 $229,475 $3,628
2016 $121,673 $103,303 $224,976 $3,528
2015 $119,846 $101,752 $221,598 $3,487
2014 $117,499 $99,759 $217,258 $3,326
2013 $116,968 $99,309 $216,277 $3,309
2012 $114,675 $97,362 $212,037 $3,261
2010 $112,427 $95,453 $207,880 $3,076
2009 $111,853 $94,966 $206,819 $2,954
2008 $109,660 $93,104 $202,764 $2,831
2007 $107,510 $91,279 $198,789 $2,788

Property facts

Year built
1949
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
1,400 sqft
Lot size
7,200 sqft
ZIP code
94306
City
Palo Alto
Street
Margarita Ave
Coordinates
37.42001, -122.13433

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$13,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 458-460 Margarita Ave last sell?
458-460 Margarita Ave most recently sold on Dec 28, 2023 for $2,200,000.
What is the current tax assessment for 458-460 Margarita Ave?
The most recent total assessment for 458-460 Margarita Ave (year 2025) is $2,244,000 with $28,000 in property tax.
How does 458-460 Margarita Ave's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $2,200,000.
When was 458-460 Margarita Ave built?
458-460 Margarita Ave was built in 1949.
How does 458-460 Margarita Ave compare to others on Margarita Ave?
We track 7 other properties on Margarita Ave. Browse the list under "Other properties on Margarita Ave" to compare beds, baths, and sale history.
What are the property facts for 458-460 Margarita Ave?
458-460 Margarita Ave is a 4 bed, 2 bath, 1,400 sqft, 7,200 sqft lot multi_family.
Is 458-460 Margarita Ave a flip candidate?
No — 458-460 Margarita Ave does not appear in our flips dataset.
Is 458-460 Margarita Ave a tax-appeal candidate?
No — 458-460 Margarita Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+10.7%
Implied 1-yr
+42.8%
2026 Q3
$6.97M
2026 Q4
$7.41M
ZIP 94306 — Median Price History + Forecast

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