
Palo Alto, California 94301
Analysis of 183 Everett Avenue, Palo Alto, California 94301 is currently available with a list price of $3,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palo Alto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1905, the property has undergone a comprehensive recent renovation within the last 5 years. The interiors feature modern kitchens with stainless steel appliances, quartz countertops, and contemporary hexagonal backsplashes. Bathrooms are updated with glass-enclosed showers and marble-patterned tile, and the units boast refinished hardwood floors and fresh paint throughout, making it move-in ready with no immediate maintenance required.
High School: Palo Alto High School (9/10).
Situated in the heart of Downtown Palo Alto, this property offers unparalleled walkability to world-class dining, the Stanford Theatre, and is less than a mile from Stanford University.
All three units have been thoughtfully modernized with updated kitchens, bathrooms, and flooring, including the high-demand convenience of in-unit washers and dryers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2613, other record lot size in square feet = 2813.
The property was recently sold within the past year on 2025-06-03. The sold price is $2,050,000.00.
With a list price of $3.1M for 1,335 square feet, the cost per square foot is exceptionally high, which may challenge investors seeking immediate high-yield cash flow.
Don't miss this exceptional investment opportunity at 183 Everett Ave, ideally located in the vibrant heart of Downtown Palo Alto. This well-maintained triplex, offers a rare chance to own prime Silicon Valley real estate in one of the regions most sought-after locations. The property features a versatile unit mix, including one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio. All existing units have been thoughtfully updated with modern kitchens, bathrooms, and flooring, and include the convenience of in-unit washers and dryers. Situated on an approximately 0.07-acre lot with 1,335 sq ft of living space, this property presents strong income potential with room for future growth and value appreciation. Unbeatable location just steps from Downtown Palo Altos renowned dining, shopping, and entertainment, including the historic Stanford Theatre. Less than a mile to Stanford University and close to the Stanford Shopping Center, this property offers exceptional convenience and long-term investment appeal. A rare opportunity in a premier locationdont miss it!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,335 | 1,396.5 | 50% |
| Lot Size | 2,613 | 4,706.5 | 50% |
| Price | $3.10M | $3.45M | 50% |
| Price per sq ft | $2.3K | $2.5K | 50% |
| Built year | 1905 | 1908 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 95 | 50% |
Apr 22, 2026
$3,100,000
Initial Listing
Jun 3, 2025
$2,050,000
Public Record
Jun 9, 2023
$1,000,000
Public Record
Sep 26, 2014
$1,799,750
Public Record
Feb 4, 2014
$1,609,750
Public Record