
Palo Alto, California 94301
This Upscale Multi-Unit Asset is a Prime Investment Opportunity, listed at $3,588,000—positioned well below the $3,668,080 Fair Market Value by 2%. This valuation gap offers $80,080 in Instant Equity. Boasting a Luxury Turnkey Condition with high-end kitchens and designer finishes, the property is situated in the heart of downtown near Stanford University. Benefit from the elite Palo Alto Unified School District, including Palo Alto High School (9/10), ensuring consistent tenant demand. This is a rare, high-appreciation acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 543 Everett Court Subject | $3,588,000* List Price | 4 | 2 | 2,578 | $1,391 | - |
A 738740 Webster Street Active | $3,788,000 List Price | 5 | 4 | 2,740 | $1,382 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive upscale renovation, transforming the 1966 structure into a modern turnkey asset. The interiors feature high-end finishes including contemporary kitchens with stainless steel appliances and stone countertops, updated bathrooms with designer tiling and glass enclosures, recessed lighting, and premium flooring throughout. All components appear new or virtually new, meeting current luxury standards with no visible deferred maintenance.
High School: Palo Alto High School (9/10).
Situated in the heart of downtown Palo Alto near University Avenue and Stanford University, the property offers exceptional walkability and access to major Silicon Valley employment and academic hubs.
This fully renovated, upscale three-unit building is a turnkey asset, allowing for immediate occupancy or rental income without the need for additional capital expenditures or repairs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
A significant price reduction from the original listing of $3.95M to $3.588M suggests the property may have initially struggled to meet market expectations or faced cooling buyer interest.
With only 4 bedrooms and 2 bathrooms across three units, the configuration may limit the total rental yield potential relative to the high acquisition cost.
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.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,578 | 2,268 | 60% |
| Lot Size | 4,250 | 5,625 | 14% |
| Price | $3.59M | $4.20M | 37% |
| Price per sq ft | $1.4K | $2.2K | 6% |
| Built year | 1966 | 1924 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 98 | 37% |
Mar 13, 2026
$3,588,000
$3,950,000
-9% Price Drop
Initial Listing
Jan 29, 2026
$3,950,000
Initial Listing