Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82026224
MLS Source
MLSListings, Inc.
Interior Features
Cooling
Other
Heating
Central Forced Air
Exterior Features
Roof
Flat
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Detached, Parking Area, Garage: 2 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
RM4
Contact Information
Listing Agent
Matthew Thomson
Compass
License #: 01471708
Phone: (650) 515-6555
Co-Listing Agent
Bryan Danforth
Compass
License #: 01789680
Phone: (650) 274-5227
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 0 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,038 | 2 | 1/1 | – |
| 2 | 728 | 2 | 1/0 | – |
| 3 | 500 | 1 | 1/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
560 Everett Ave is a Triplex in Palo Alto, CA 94301. This 2,303 square foot property sits on a 9,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,100,000 and was built in 1937. This address can also be written as 560 Everett Ave, Palo Alto, CA 94301.
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This listing information is up-to-date as of November 01, 2025. For the most current information, please contact Matthew Thomson, (650) 515-6555
