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Newly constructed (2025) mixed-use vacant development offering a rare chance to acquire an entire asset in one of the consisting of 7 residential condominium units (1BR, 2BR, and 3BR floor plans, move-in ready), 2 ground-floor retail condominiums, and 2 second-floor office condominiums, with commercial units delivered in shell condition for owner or tenant customization. Ownership is actively pursuing leases across residential, retail, and office spaces, creating multiple pathways for occupancy and income. Development offers 45 total parking spaces including private garages, underground parking, street-level parking, and a 19-car automated stacker system. Located approximately 1 mile from top rated schools, tech corridors, and 2.8 miles from downtown Palo Alto, Contact listing agent for financials, unit mix, and offering details.
Listing agent: Awne Elrabadi DRE #01480736 awne@dealres.com, Listing office: DEAL Real Estate Services
MLS data updated 10/31/2026, 11:02:36 AM PT
Source: CRMLS, MLS #: ML82053555
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 8, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$18,000,000Original asking price · Jul 8, 2026ZIP 94306 · Jul 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.