We are proud to present a remarkable investment opportunity at 183 Everett Ave, located in the dynamic and highly sought-after heart of Downtown Palo Alto. This exceptional triplex, with the potential for an ADU, is a true standoutoffering investors the rare chance to acquire a prime piece of real estate in one of the most vibrant cities in Silicon Valley. The property features a diverse and appealing unit mix, including one 2-bed, 1-bath unit, one 1-bed, 1-bath unit, one studio, and a potential 1-bed, 1-bath ADU. All units have been thoughtfully upgraded with modern kitchens, baths, and flooring, along with in-unit washers and dryers. With 1,335 square feet of living space on a 0.07-acre lot in Downtown Palo Alto, the opportunities for growth and value appreciation are significant. What sets 183 Everett Ave apart is its unbeatable location. Situated just steps from the bustling core of Downtown Palo Alto, residents will enjoy easy access to renowned restaurants trendy boutiques, and the historic Stanford Theater. Additionally, the property is less than a mile from the prestigious Stanford University and the premier Stanford Shopping Center. **Income includes estimated income for ADU**
Property Details
Property Features
Property Information:
Year Built: 1905
Stories: 1
Living Area: 1,335 SqFt
Listing Office:
Office Name: Compass
Office Phone: (415) 345-3000
Listing Agent: Ray Rodriguez
Exterior Features
Parking Information:
Garage Space: 1 space
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
School Info
Assigned Schools Information:
Palo Alto High School, Public District Grades 9-12
David Starr Jordan Middle School, Public District Grades 6-8
Addison Elementary School, Public District Grades KG-5
Ohlone Elementary School, Public District Grades KG-5
Herbert Hoover Elementary School, Public District Grades KG-5
Price Information
Listing Price Info
Price Summary:
List Price: $2,700,000
Price Per SqFt: $2,022/SqFt
Tax Information:
Annual Amount: $24,258
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palo Alto, CA.
This property is $500K less than the Median Sold Price and $262/SqFt more than other homes in Palo Alto, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81980477
Listing Office:
Office Name: Compass
Office Phone: (415) 345-3000
Listing Agent: Ray Rodriguez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/31/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 26, 2014
Sep 26, 2014Home Sold
$1,800,000
Feb 04, 2014
Feb 04, 2014Home Sold
$1,610,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$24,258
$1,998,578
2020
$24,257
$1,978,086
2019
$23,334
$1,939,301
2018
$23,335
$1,901,276
2017
$22,926
$1,863,997
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13.5K
Per Month
Principal & Interest
$13.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,161
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.83 miles
Public District Grades KG-5
9
/10
Ohlone Elementary School
950 Amarillo Ave
Distance between this listing and this school2.37 miles
Public District Grades KG-5
9
/10
Herbert Hoover Elementary School
445 E Charleston Rd
Distance between this listing and this school3.42 miles
Public District Grades KG-5
Middle School
8
/10
David Starr Jordan Middle School
750 N California Ave
Distance between this listing and this school1.78 miles
Public District Grades 6-8
High School
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school0.82 miles
Public District Grades 9-12
Assigned Schools
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.83 miles
Public District Grades KG-5
9
/10
Ohlone Elementary School
950 Amarillo Ave
Distance between this listing and this school2.37 miles
Public District Grades KG-5
9
/10
Herbert Hoover Elementary School
445 E Charleston Rd
Distance between this listing and this school3.42 miles
Public District Grades KG-5
Assigned Schools
8
/10
David Starr Jordan Middle School
750 N California Ave
Distance between this listing and this school1.78 miles
Public District Grades 6-8
Nearby Schools
8
/10
Hillview Middle School
1100 Elder Ave
Distance between this listing and this school1.71 miles
Public District Grades 6-8
2
/10
Belle Haven Elementary School
415 Ivy Dr
Distance between this listing and this school2.11 miles
Public District Grades KG-8
Assigned Schools
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school0.82 miles
Public District Grades 9-12
Nearby Schools
7
/10
Menlo-Atherton High School
555 Middlefield Rd
Distance between this listing and this school1.13 miles
Public Magnet Grades 9-12
3
/10
East Palo Alto Academy
475 Pope St
Distance between this listing and this school1.16 miles
The neighbors living near this home have an average income of $109,325. The majority of Palo Alto, CA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 183 Everett Ave in Palo Alto, CA and zip code 94301 in the Downtown North neighborhood. This 1,335 square foot home, which was built in 1905, sits on a 0.06 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $2,700,000.
In September 2024, from all listings sold in Palo Alto, CA there were more than 21 sold above asking price, over 12 sold below and more than 2 were sold right at the asked price. Between August 2024 and September 2024, Palo Alto, CA real estate market has seen increase in the number of listings by 28%. In September 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $3,200,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Art Museums
Art Museums
Music Concerts
Live Theatre
Bloomingdales
H&M
Banana Republic
Starbucks
Chipotle
Boston Market
Audi
Volkswagen
Mercedes
News
Rhythmic Contemporary Hits