543 Everett Court, Palo Alto, California 94301, Palo Alto, 94301 - 4 bed, 2 bath
543 Everett Court
Palo Alto, California 94301
Property Price
SUMMARY
Analysis of 543 Everett Court, Palo Alto, California 94301 reveals a Prime Investment Opportunity with a current list price of $3,950,000—significantly undercutting the $4,173,303 Fair Market Value by 5%. This valuation gap indicates a +$223,303 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 543 Everett Court Subject | $3,950,000* List Price | 4 | 2 | 2,578 | $1,619 | - |
A 429 Ruthven Avenue Pending | $3,998,000 List Price | 4 | 3 | 2,057 | $1,944 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property is a fully renovated, upscale turnkey asset. Although originally built in 1966, it has undergone extensive recent renovations featuring modern kitchens with high-end stainless steel appliances, contemporary cabinetry, stone countertops, and updated bathrooms with designer tiling and fixtures. The interior boasts new flooring, recessed lighting, and modern finishes throughout, meeting the criteria for a recently renovated property with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Palo Alto High School (9/10).
- Prime Downtown Location
Situated in the heart of downtown Palo Alto near University Avenue and Stanford University, this property offers unparalleled access to top-tier employment hubs, elite schools, and premium amenities.
- Turnkey Investment Condition
The building is fully renovated and upscale, providing a move-in ready asset that minimizes immediate capital expenditures while maximizing rental appeal in a high-demand market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
- High Entry Price
The $3.95 million list price represents a significant capital requirement, which may result in tighter initial cap rates for investors compared to less premium submarkets.
- Limited Lot Size
The 4,250 square foot lot is relatively compact, which may restrict future expansion opportunities or the addition of significant outdoor tenant amenities.
About 543 Everett Court
Fully renovated upscale three-unit apartment building in a prime downtown Palo Alto! Situated on a private, low-traffic street, this turnkey asset offers strong rental appeal just blocks from University Avenue and Stanford University. The property benefits from exceptional walkability, consistent tenant demand, and proximity to major employment and academic hubs, making it an ideal opportunity for stable cash flow and long-term appreciation in one of Silicon Valleys most supply-constrained markets.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 4,250 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palo Alto Unified Schools
Addison Elementary School
Grades K-5 • 0.6 mi
David Starr Jordan Middle School
Grades 6-8 • 1.6 mi
Palo Alto High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 2,578 | 2,332 | 55% |
| Lot Size | 4,250 | 6,420 | 15% |
| Price | $3.95M | $4.28M | 36% |
| Price per sq ft | $1.5K | $2.2K | 12% |
| Built year | 1966 | 1924 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 156 | 9% |
Pricing History
Listed for Sale
Jan 29, 2026
$3,950,000
Initial Listing