560 Everett Avenue, Palo Alto, CA 94301
Local realty services provided by:ERA Excel Realty
560 Everett Avenue,Palo Alto, CA 94301
$3,100,000
- - Beds
- - Baths
- 2,303 sq. ft.
- Multi-family
- Pending
Listed by:matthew thomson
Office:compass
MLS#:ML82026224
Source:CRMLS
Price summary
- Price:$3,100,000
- Price per sq. ft.:$1,346.07
About this home
INCREDIBLE DOWNTOWN PALO ALTO FULLY VACANT TRIPLEX! Extremely rare opportunity to acquire a fully vacant triplex in the heart of downtown Palo Alto. Ideal for investors that can immediately renovate and rent units at top market levels, or for owner-occupiers that can make one of the units their dream home while enjoying significant supplemental income from the other tenants. Excellent Unit Mix: (1) Two-Bedroom / One & 1/2 Bath, (1) Two-Bedroom / One Bath and (1) One-Bedroom / One-Bath. Two buildings strategically positioned on oversized 9,500 SF lot (large downtown parcel with favorable R4 zoning - redevelopment potential). Perfect ADU opportunity - garage has laundry room & bathroom ideal for easy ADU conversion. Two large storage sheds are wired with power to use as offices. Second floor 2x1 unit has attractive wrap-around balcony with beautiful views. Garage, driveway & rear alley parking. Irreplaceable location 2 blocks from University Avenue and all the high-end shopping, dining and entertainment amenities of downtown Palo Alto and 1/2 mile from Caltrain (90 "Walker's Paradise and 97 "Biker's Paradise"). Gorgeous mature landscaping throughout the entire property.
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Home facts
- Year built:1937
- Listing ID #:ML82026224
- Added:3 day(s) ago
- Updated:November 02, 2025 at 01:35 AM
Rooms and interior
- Living area:2,303 sq. ft.
Heating and cooling
- Heating:Central Furnace
Structure and exterior
- Roof:Flat
- Year built:1937
- Building area:2,303 sq. ft.
- Lot area:0.22 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$1,346.07
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