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Updated Triplex with In-Unit Laundry
For Sale
$2,300,000

270 Everett Avenue, Palo Alto, CA 94301

Updated three-unit building with in-unit laundry, refreshed kitchens and baths, and two private patios.

Property Size1,840 SF
Price / SF$1,250
Days on Market145

Property Features for 270 Everett Avenue

General Information

Standard status Active
Size 1,840 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Year Built 1931
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Kelly Griggs · License #01812313
Source: Exitrealty
Added: Mar 20 Changed: Jul 10 Last Checked: Aug 11 at 6:53AM

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

Investment Insights

Based on property information with market context.

This updated triplex consists of three separate one-bedroom, one-bath units. Each unit features refreshed kitchens and baths, along with in-unit laundry for tenant convenience. Two of the units also include private outdoor patios, and one unit has an attached garage for additional storage.

The property is located at 270 Everett Avenue in Palo Alto, with access to downtown dining and shops within close walking distance. It is also described as less than a mile from Stanford University, Stanford Hospital, and Stanford Shopping Center, with an easy commute to Silicon Valley tech employers.

For tenants and investors, the layout provides three distinct 1-bedroom residences with in-unit laundry and outdoor space for two units, supported by the fact that the building is fully leased. The combination of updated interiors and functional unit amenities makes the property well-suited for buyers looking for a straightforward, income-producing multifamily asset in an area anchored by major employment and services.

Key Highlights

  • Updated 3‑unit building (built 1931) with three 1‑bedroom, 1‑bath units
  • Each unit features refreshed kitchens and baths plus in‑unit laundry
  • Two units include private outdoor patios

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Food Market Barber Shop (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

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

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Updated three-unit building with in-unit laundry, refreshed kitchens and baths, and two private patios.
Where is this triplex located?
The property is located at 270 Everett Avenue 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: Updated 3‑unit building (built 1931) with three 1‑bedroom, 1‑bath units; Each unit features refreshed kitchens and baths plus in‑unit laundry; Two units include private outdoor patios
More about this property
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