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

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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
Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.