560 Everett Ave

Palo Alto, CA 94301
  • $3,100,000

    Price
  • 5

    Bed
  • Bath
  • 2,303

    SqFt

Open House Times

  • Fri. Oct. 31 at 9:30am to 1:00pm

About the Listing ML5009331 - ML5100314,ML5100317,22286278,22286278

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.

Listing Highlights for 560 Everett Ave

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® ML82026224
Year Built 1937
Total Square Footage 2,303
Lot/Acreage 0.22

Interior Details

  • Bedrooms: 5
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 7
  • Zoning: RM4
  • Roof: Flat
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 12010027
  • Tax Year: N/A

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Questions About..

560 Everett Ave Palo Alto, CA 94301

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Originating MLS: CRMLS

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