Property summary
This exceptional investment opportunity presents an eleven-unit apartment building located at 365 Everett Ave, Palo Alto, CA 94301. The property boasts 8,746 square feet of net rentable space situated on a 0.33-acre lot. Built in 1954, this two-story building features a mix of unit types: one two-bedroom, one-bathroom unit and ten one-bedroom, one-bathroom units. Three units have been recently renovated, featuring upgraded flooring, kitchens, and bathrooms. Amenities include on-site laundry,… dedicated carports and parking, and private courtyards and patios for select units. The property enjoys 100% occupancy, generating a current NOI of $262,353 and a pro-forma NOI of $311,427, representing a 3.72% cap rate and a pro-forma cap rate of 4.42%. The asking price is $7,050,000, or $640,909 per unit. The property is zoned RM4 and its convenient location offers easy access to downtown Palo Alto, Stanford University, and the Stanford Shopping Center. This prime location ensures consistent rental demand and strong potential for future appreciation. The property's strong financial performance, desirable location, and attractive amenities make it an ideal addition to any investment portfolio. The APN is 120-14-036.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 8,746 SF
- Lot area
- 0.33 ac
- Year built
- 1954
- Stories
- 2
- APN
- 120-14-036
- Zoning
- RM4
- Assessed value · 2023
- $3,589,496
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Location Insight
- Alternative use
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