Downtown Palo Alto Investment
For Sale
$2,300,000
270 Everett Ave, Palo Alto, CA 94301
Updated three-unit building near downtown Palo Alto.
Property Size1,840 SF
Lot Size0.06 Acres
Days on Market141
Property Features for 270 Everett Ave
General Information
Standard status
Active
Size
1,840 SF
Lot size
0.06 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$28,593
Building Details
Building Size
1,840 SF
Year Built
1931
Stories
2
Units
3
Listing Agency:
(650) 464-1965
Listed By:
Kelly Griggs · License #01343603
(650) 464-1965
Source:
Elliman
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 8 at 2:17PM
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 Kelly Griggs
Investment Insights
Based on property information with market context.
This updated three-unit building is located in downtown Palo Alto. The property features three 1-bedroom, 1-bath units, each with refreshed kitchens and baths, plus in-unit laundry. Two units include private outdoor patios. One unit includes an attached garage for storage. The building is fully leased and experiences consistent tenant demand. The property is located steps from downtown dining and shops, and less than a mile from Stanford University, Stanford Hospital, and Stanford Shopping Center, with an easy commute to Silicon Valley tech companies. This property is suitable for investors seeking reliable income and long-term upside.
Key Highlights
- Prime Downtown Palo Alto location, steps from dining and shops.
- Three updated 1‑bedroom, 1‑bath units with refreshed kitchens and baths.
- Each unit includes in‑unit laundry.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,114
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated three-unit building near downtown Palo Alto.
Where is this apartment building located?
The property is located at 270 Everett Ave Palo Alto, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime Downtown Palo Alto location, steps from dining and shops.; Three updated 1‑bedroom, 1‑bath units with refreshed kitchens and baths.; Each unit includes in‑unit laundry.
