518 Everett Avenue A, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 1 bath
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Palo Alto, California 94301
This Move-in Ready Condominium is a Strong Value Opportunity, listed at $1,288,000—positioned above the $1,179,500 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 3 with modern renovations, including a sleek kitchen and in-unit laundry. Located in the heart of Downtown Palo Alto, residents enjoy elite access to Palo Alto Unified Schools and a private pool deck. This residence provides a rare, quiet end-unit lifestyle, making it an ideal sanctuary for Professional Couples or Owner-Occupants seeking a turnkey urban home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 518 Everett Avenue A Subject | $1,199,900* List Price | 2 | 1 | 1,044 | $1,093 | - |
A 101 Alma Street 904 Sold | $930,000 | 1 | 1 | 913 | $1,019 | 0.4 mi |
B 101 Alma Street 407 Sold | $1,495,000 | 2 | 2 | 1,444 | $1,035 | 0.4 mi |
C 425 Alma Street 309 Sold | $1,100,000 | 2 | 2 | 890 | $1,236 | 0.5 mi |
D 500 Fulton Street 105 Active Under Contract | $1,408,000 List Price | 2 | 2 | 1,080 | $1,304 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1962, the property has undergone significant renovations. The kitchen features modern shaker-style cabinetry, stone countertops, and stainless steel appliances. The unit includes updated flooring and modern in-unit laundry, appearing well-maintained and move-in ready, consistent with a renovation performed within the last 5-15 years.
High School: Palo Alto High School (9/10).
Situated in the heart of Downtown Palo Alto, this property offers exceptional walkability to world-class dining, shopping, Stanford University, and the Caltrain station, ensuring high desirability and convenience.
As a ground-floor end unit with no shared walls, this residence provides a rare level of quiet and privacy for a condominium, complemented by direct access to the pool deck and in-unit laundry.
The $930 monthly HOA fee is relatively high for a two-bedroom unit, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Featuring only one bathroom for a two-bedroom layout, the property may face challenges in appeal for families or co-living situations compared to more modern 2-bath configurations.
New Price! Welcome to this Downtown Palo Alto home steps from all this city has to offer! Easy access to restaurants, shopping, library, parks, highly rated public schools, Stanford & Cal-Train, Its ground floor, end unit location provides convenience, accessibility and no shared walls. The spacious Living, Dining, Kitchen combination with direct access to pool deck is a perfect setup for entertaining all ages. This comfortable home is rounded out with a living room 'hidden' wall of shelves, plenty of bedroom closet space, 2 separate storage areas and an in-unit washer/dryer as well as a free community washer/dryer. Interior photos are from previous staged listing ML81884985. Dont miss this opportunity to make this neighborly complex your new home.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,044 | 1,056 |
| Lot Size | - | - |
| Price | $1.20M | $1.48M |
| Price per sq ft | $1.1K | $1.1K |
| Built year | 1962 | 1984 |
| HOA | $930.0 | $868 |
| Days on market | 55 | 49 |
Jun 25, 2026
$1,199,900
$1,288,000
-7% Price Drop
Initial Listing
May 29, 2026
$1,288,000
Initial Listing
Aug 31, 1995
$214,000
Public Record