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
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
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Housing Market Comparison
See how this home compares to others in Palo Alto, CA.
This property is $653.2K less than the Median Sold Price and $238/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: 12/21/2024, 10:21:00 AM 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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.81 miles
Public District Grades KG-5
8
/10
Walter Hays Elementary School
1525 Midfield Rd
Distance between this listing and this school1.25 miles
Public District Grades KG-5
7
/10
Laurel Elementary School
95 Edge Rd
Distance between this listing and this school1.46 miles
Public District Grades KG-5
Nearby Schools
3
/10
Kipp Valiant Community Preparatory
2086 Clarke Ave
Distance between this listing and this school1.20 miles
Public Charter Grades KG-8
8
/10
Hillview Middle School
1100 Elder Ave
Distance between this listing and this school1.72 miles
Public District Grades 6-8
8
/10
Frank S. Greene Jr Middle School
750 N CA Ave
Distance between this listing and this school1.77 miles
Public District Grades 6-8
Nearby Schools
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school0.83 miles
Public District Grades 9-12
7
/10
Menlo-Atherton High School
555 Midfield Rd
Distance between this listing and this school1.16 miles
Public District Grades 9-12
3
/10
East Palo Alto Academy
1050 Myrtle St
Distance between this listing and this school2.18 miles
The neighbors living near this home have an average income of $109,325. The most common annual income of people living in Palo Alto, CA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
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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.
Palo Alto, CA housing market in November 2024 saw over 24 listings sold above listed price, more than 2 sold at listed price and over 8 sold below. The number of listings in Palo Alto, CA decreased by 31.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $3,353,250, while the average time on the real estate market was 28 days.
From Rocket Homes Real Estate and based on county public records data.