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252-262 Everett Avenue, PALO ALTO, CA 94301

$3,098,000 (Active)
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Listed by: Kelly Griggs - Coldwell Banker Realty

252-262 Everett Avenue, PALO ALTO, CA 94301

$$3,098,000
Active
est.$3,098,000/month.
beds. baths. 3,540 Sqft.

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252-262 Everett Avenue, PALO ALTO, CA 94301

$3,098,000
Active
est.$3,098,000/month.
beds baths 3,540 Sq.ft.
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Property details for 252-262 Everett Avenue, PALO ALTO, CA 94301
This well-maintained 5-unit multifamily property offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. Located just a few blocks from University Avenue's dining, shops, and retail, this offers a desirable walk to downtown Palo Alto location. Built in 1925 and thoughtfully updated over time, including a new electrical panel, new HVAC systems in each unit. Every 1-bed unit has been nicely remodeled, with all units offering remodeled kitchens and baths, in-unit washer and dryer, and A/C. The unit mix consists of four spacious 1-bedroom/1-bath units and one studio, totaling 3,540 SF in the building. The property is occupied with excellent, well-qualified tenants, currently at under-market rents. All 5 units are nicely remodeled with great natural light and fabulous floor plans. Deep renter pool from nearby major employers and CalTrain accessibility. 2-car garage onsite, which could be rented for added income or converted to an ADU. Two additional driveway parking spots. This property can be purchased individually as a 5-unit multifamily property or as a combined 12-unit portfolio with the adjacent 4-plex at 311-317 Ramona Street and triplex at 270 Everett. Incredible opportunity!
Broker details: Coldwell Banker Realty

Listed by: Kelly Griggs
Co-listing Broker: Coldwell Banker Realty
Co-listing Agent: Billy McNair
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Property Description

MLS Information

  • Listing: ML82062178
  • Listing Last Modified: 2026-09-24

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 1925
  • Lot size area: 3987 Square Feet

Geographic Data

  • County: Santa Clara
  • Directions: Corner of Ramona and Everett
Features

Interior Features

  • Flooring: Laminate
  • Living area: 3540

Exterior Features

  • Roof type: Tile, Flat
  • Pool: None
  • Foundation: Slab, Concrete Perimeter

Parking

  • Garage spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Heating: Electric, Forced Air, Wall Furnace
Property Information

Tax Information

  • Tax Annual Amount: $38,161

Disclaimer

2023 MLSListings Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than DeLeon Realty are marked with the IDX icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from MLSListings MLS as of the date shown below. 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. Properties may or may not be listed by the office/agent presenting the information. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.
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