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Palo Alto, CA

$1,975,000

270 Everett Avenue, Palo Alto, CA
3
Beds
3
Baths
1,922
Sq Ft
1931
Built
98
Days listed

About this home

Exceptional investment opportunity in the heart of Downtown Palo Alto. Updated three unit building featuring three 1 bedroom, 1 bath units, each with refreshed kitchens and baths plus in-unit laundry for each. Two units enjoy private outdoor patios. One unit includes an attached garage for storage. Fully leased building with consistent, strong tenant demand. Ideally located just steps from downtown dining and shops, and less than a mile from Stanford University, Stanford Hospital and Stanford Shopping Center, plus easy commute to Silicon Valley tech companies. Its unmatched location and consistent tenant appeal make it a compelling choice for investors seeking reliable income and longterm upside in a great downtown Palo Alto location.

Facts & features

Interior
Bedrooms
3
Bathrooms
3 full, 0 half
Living area
1,922 sq ft
Interior features
Breakfast Area
Heating
Central, Electric, Wall Furnace
Cooling
None
Exterior & lot
Lot size
0.056 acres (2,432 sq ft)
Year built
1931
Community
Area
699 - Not Defined
County
Santa Clara
Listing details
Status
Active
Property type
Single Family Residence
Days on market
98
Listed
2026-04-16
Original price
$2,300,000
Parcel #
12025067
MLS #
ML82043360
Listed by
Kelly Griggs · Coldwell Banker Realty
650-464-1965kelly@mcnairgroup.comDRE #01812313

Location

Price history

Listed
$2,300,000 · 2026-04-16
Price reduced
$1,975,000 (−$325,000)
Days on market
98
Current price
$1,975,000
Financing

Could this home be yours?

Estimated monthly payment
$12,390
$9,987 principal & interest · $2,403 taxes & insurance
$395,000
Estimate only
Loan $1,580,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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What's your home worth?

Estimated value range nearby
$2,518,956 – $2,957,036

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Coldwell Banker Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 27, 2026 Equal Housing Opportunity.

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