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5-Unit Updated Apartment Building

252262 Everett Avenue, Palo Alto, CA 94301

For Sale
$3,098,000

RM-30-zoned apartments include in-unit laundry, air conditioning, and on-site garage and driveway parking.

Property Size3,540 SF
Price / SF$875.14
Days on Market10

Property Features for 252262 Everett Avenue

General Information

Standard status Active
Size 3,540 SF
Total Parking Spaces 4
Zoning RM-30

Site & Location

Neighborhood University South
Public Transit Yes

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $38,161

Amenities

in-unit washer and dryer
A/C
true
Assessor
Public
3987
2
0.0915
3540

Building Details

Building Size 3,540 SF
Year Built 1925
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Kelly Griggs · License #01812313
Source: Bausley-realty
Added: Oct 30 Changed: Nov 7 Last Checked: Nov 7 at 12:14PM

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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Investment Insights

Based on property information with market context.

Built in 1925, this five-unit apartment property contains 3,540 SF and a mix of four 1-bedroom/1-bath units and one studio. The units have remodeled kitchens and baths, in-unit washers and dryers, and air conditioning. The building also has an updated electrical panel and HVAC systems in each unit. Parking includes a two-car garage and two driveway spaces; the garage may also be rented or converted to an ADU, as described in the property information. The property is occupied and zoned RM-30.

The property is a few blocks from University Avenue’s dining, shops, and retail, with downtown Palo Alto within walking distance. Caltrain access and nearby major employers are also noted. The property may be purchased individually or as part of a portfolio with two adjacent apartment properties.

Key Highlights

  • Five‑unit property with four 1‑bedroom/1‑bath apartments and one studio
  • 3,540 SF building, constructed in 1925
  • Remodeled kitchens and baths, in‑unit laundry, and A/C in all units

Property Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,926
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 - RM-30-zoned apartments include in-unit laundry, air conditioning, and on-site garage and driveway parking.
Where is this apartment building located?
The property is located at 252262 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: Five‑unit property with four 1‑bedroom/1‑bath apartments and one studio; 3,540 SF building, constructed in 1925; Remodeled kitchens and baths, in‑unit laundry, and A/C in all units
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