We are 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 standoutoffering investors the rare chance to acquire a prime piece of real estate… Read More 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. **Income includes estimated income for ADU** Read Less
Courtesy of Compass, Ray Rodriguez 650-405-0743
Listing Snapshot
Days Online
264
Last Updated
Property Type
Triplex
Square Ft.
1,335
Lot Size
0.06 Acres
Year Built
1905
MLS Number
ML81980477
30 Days Snapshot Of 94301
$5.00M
-1%
(avg) sold price
23
+91%
homes sold
17
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 2614.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1 rent: $2,350
Unit Two
1 bedroom in unit 2, Unit 2 rent: $2,600
Unit Three
Unit 3 rent: $2,350
Accessibility Features
Other
Building
Built in 1905, 3 building units, 1 building, 1,335 structure square feet
Roof
Shingle
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Sewer
Sewer - Public
Security Features
Other
Heating
Wall Furnace
Cooling
Ceiling Fan
Foundation
Other
Water Features
Public
Garage
1 garage space
Miscellaneous
Vacancy factor: 3
Tenant Pays
Services - Trash Removal, Utilities - Electric, Utilities - Gas
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