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+16197010309
Century 21 Affiliated
560 Everett Avenue, Palo Alto, CA 94301
- $3,125,000
- 2,303
- SqFt
- Sold Price
- $3,125,000
- List Price
- $3,100,000
- Closing Date
- Nov 13, 2025
- Status
- CLOSED
- MLS#
- ML82026224
- Year Built
- 1937
- Living Sq. Ft
- 2,303
- Lot Size
- 9,500
- Acres
- 0.22
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
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.
Additional Information
- Heat
- Central
- Cooling
- Yes
- Roof
- Flat
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Palo Alto Unified
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Matthew Thomson (matt.thomson@compass.com) from Listing Office: Compass.
Listing sold by Bryan Danforth from Compass
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.