183 Everett Ave - Multi-Family FOR SALE


Palo Alto, CA 94301- Downtown Palo Alto
$2,700,000 USD
626-483-5136
183 Everett Ave, Palo Alto, CA for Sale
$2,700,000 USD
Multi-Family - FOR SALE
1/23
null | 2.76% Cap Rate

183 Everett Ave
Palo Alto, CA 94301
Downtown Palo Alto


HIGHLIGHTS

  • Potential 1 Bed 1 Bath ADU unit development
  • In-Unit Washer/Dryer for all units
  • Less than one mile away from Stanford University and Stanford Shopping Center
  • One block away from Downtown Palo Alto

OVERVIEW

The R&Z Group of Compass Commercial is proud to present a remarkable investment opportunity at 183 Everett Ave, located in the dynamic and highly sought-after heart of Downtown Palo Alto. This exceptional triplex, with the potential for an ADU, is a true standout—offering investors the rare chance to acquire a prime piece of real estate in one of the most vibrant cities in Silicon Valley. The property features a diverse and appealing unit mix, including one 2-bed, 1-bath unit, one 1-bed, 1-bath unit, one studio, and a potential 1-bed, 1-bath ADU. All units have been thoughtfully upgraded with modern kitchens, baths, and flooring, along with in-unit washers and dryers. With 1,335 square feet of living space on a 0.07-acre lot in Downtown Palo Alto, the opportunities for growth and value appreciation are significant. What sets 183 Everett Ave apart is its unbeatable location. Situated just steps from the bustling core of Downtown Palo Alto, residents will enjoy easy access to renowned restaurants, trendy boutiques, and the historic Stanford Theater. Additionally, the property is less than a mile from the prestigious Stanford University and the premier Stanford Shopping Center, making it the perfect gateway to everything Palo Alto offers. Savvy investors will appreciate the high rental demand, modern upgrades, and proximity to key amenities and landmarks. Don’t miss this unique chance to invest in one of Palo Alto’s most coveted neighborhoods. Contact The R&Z Group of Compass Commercial today to schedule a private tour and secure your place in this thriving market. 183 Everett Ave is ready to become your next standout investment—act now and unlock its full potential! The R&Z Group of Compass Commercial is proud to present a remarkable investment opportunity at 183 Everett Ave, located in the dynamic and highly sought-after heart of Downtown Palo Alto. This exceptional triplex, with the potential for an ADU, is a true standout—offering investors the rare chance to acquire a prime piece of real estate in one of the most vibrant cities in Silicon Valley. The property features a diverse and appealing unit mix, including one 2-bed, 1-bath unit, one 1-bed, 1-bath unit, one studio, and a potential 1-bed, 1-bath ADU. All units have been thoughtfully upgraded with modern kitchens, baths, and flooring, along with in-unit washers and dryers. With 1,335 square feet of living space on a 0.07-acre lot in Downtown Palo Alto, the opportunities for growth and value appreciation are significant. What sets 183 Everett Ave apart is its unbeatable location. Situated just steps from the bustling core of Downtown Palo Alto, residents will enjoy easy access to renowned restaurants, trendy boutiques, and the historic Stanford Theater. Additionally, the property is less than a mile from the prestigious Stanford University and the premier Stanford Shopping Center, making it the perfect gateway to everything Palo Alto has to offer. Savvy investors will appreciate the high rental demand, modern upgrades, and proximity to key amenities and landmarks. Don’t miss this unique chance to invest in one of Palo Alto’s most coveted neighborhoods. Contact The R&Z Group of Compass Commercial today to schedule a private tour and secure your place in this thriving market. 183 Everett Ave is ready to become your next standout investment—act now and unlock its full potential! **Income includes estimated income for ADU**

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$2,022 USD /SF

# OF UNITS

3

PRICE/UNIT

$900,000

CAP RATE

2.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,060 SF

ZONING

-

APN/PARCEL ID

120-25-039

ASK ABOUT THIS PROPERTY

Ray RodriguezCompass CommercialMore Info
626-483-5136

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Ray RodriguezCompass CommercialMore Info
626-483-5136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.