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Updated Three-Unit Triplex
For Sale
$1,975,000

270 Everett AVE, Palo Alto, CA 94301

Fully leased property with refreshed interiors, private patios, and in-unit laundry.

Property Size1,922 SF
Days on Market139

Property Features for 270 Everett AVE

General Information

Standard status Active
Size 1,922 SF
Property subtype Triplex
Occupancy 100%

Taxes and HOA fees

Annual Taxes $24,701

Amenities

in-unit laundry
private outdoor patios
attached garage

Building Details

Building Size 1,922 SF
Year Built 1931
Buildings 1
Tenancy Multi
Abandoned No
Listing Agency: Coldwell Banker Realty
Listed By: Kelly Griggs · License #01812313
Source: Lynnnorth
Added: Mar 19 Changed: Aug 2 Last Checked: Aug 4 at 8:06AM

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.

Built in 1931, this triplex contains three one-bedroom, one-bath residences. Each unit has an updated kitchen and bathroom, along with its own laundry equipment. Two residences include private patios, while the remaining unit offers an attached garage that can be used for storage. The building is fully leased.

The property is located in Downtown Palo Alto, within walking distance of downtown dining and shops. Stanford University, Stanford Hospital, and Stanford Shopping Center are each less than a mile away. The setting also provides access to Silicon Valley technology employers, supporting the property's established residential rental profile.

Key Highlights

  • Three 1‑bedroom, 1‑bath units in a triplex
  • Updated kitchens and bathrooms throughout
  • In‑unit laundry in each residence

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully leased property with refreshed interiors, private patios, and in-unit laundry.
Where is this triplex located?
The property is located at 270 Everett AVE Palo Alto, CA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bath units in a triplex; Updated kitchens and bathrooms throughout; In‑unit laundry in each residence
More about this property
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