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5-Unit Apartment Building

252-262 Everett Avenue, Palo Alto, CA 94301

For Sale
$3,098,000

Five residences feature updated kitchens and baths, in-unit laundry, and air conditioning.

Property Size3,540 SF
Price / SF$875.14
Days on Market49

Property Features for 252-262 Everett Avenue

General Information

Standard status Active
Size 3,540 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning RM-30

Units

Unit Mix 4 x 1BR/1BA, 1 x studio
Multifamily Units 5

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $38,161

Amenities

in-unit washer/dryer
air conditioning
Wall/Window Unit(s)
Electric, Forced Air, Wall Furnace
Refrigerator, Microwave, Oven, Range, Washer, Washer/Dryer, Exhaust Fan, Electric Range
Attached, On Street, Tandem

Building Details

Building Size 3,540 SF
Year Built 1925
Buildings 2
Listing Agency: Coldwell Banker Realty
Listed By: Kelly Griggs · License CA #01812313
Source: Evrealestate
Added: Sep 22 Changed: Oct 30 Last Checked: Nov 8 at 6:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 5-unit apartment property at 252-262 Everett Ave was built in 1925 and contains 3,540 square feet. The layout includes four one-bedroom, one-bathroom apartments and one studio. Each residence has remodeled kitchen and bathroom finishes, a washer and dryer, and A/C. Improvements also include a new electrical panel and HVAC systems in every unit. A two-car garage and two driveway parking spaces are on site; the garage may offer potential for rental or conversion to an ADU.

The property is a few blocks from University Avenue’s dining and retail, with downtown Palo Alto within walking distance. CalTrain access and nearby major employers are noted in the property information. All five units are occupied.

Key Highlights

  • Four 1‑bedroom/1‑bath units and one studio
  • 3,540 SF building, constructed in 1925
  • Remodeled kitchens and baths, in‑unit washer and dryer, and A/C in each unit

Property Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

6,114
Businesses Nearby

Demographics for 94301, CA

17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Santa Clara County, CA

$581 Jul
$572 Aug
$572 Sep
$526 Oct

Properties on Market for Apartment buildings in Santa Clara County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five residences feature updated kitchens and baths, in-unit laundry, and air conditioning.
Where is this apartment building located?
The property is located at 252-262 Everett Avenue Palo Alto, CA.
What is the asking price?
The asking price for this property is $3,098,000.
What are key features of this property?
This property features: Four 1‑bedroom/1‑bath units and one studio; 3,540 SF building, constructed in 1925; Remodeled kitchens and baths, in‑unit washer and dryer, and A/C in each unit
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