183 Everett Ave, Palo Alto, CA, 94301
About This Home
Don't miss this exceptional investment opportunity at 183 Everett Ave, ideally located in the vibrant heart of Downtown Palo Alto. This well-maintained triplex, offers a rare chance to own prime Silicon Valley real estate in one of the regions most sought-after locations. The property features a versatile unit mix, including one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio. All existing units have been thoughtfully updated with modern kitchens, bathrooms, and flooring, and include the convenience of in-unit washers and dryers. Situated on an approximately 0.07-acre lot with 1,335 sq ft of living space, this property presents strong income potential with room for future growth and value appreciation. Unbeatable location just steps from Downtown Palo Altos renowned dining, shopping, and entertainment, including the historic Stanford Theatre. Less than a mile to Stanford University and close to the Stanford Shopping Center, this property offers exceptional convenience and long-term investment appeal. A rare opportunity in a premier locationdont miss it!
Getting Around
Walker's Paradise
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1905
Materials
- Foundation: Crawl Space
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Residential Income
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Door features: None
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 1,335
- Total interior livable area: 1,335 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 12025039
- Zoning: RM2
- Special condition: Standard
Features
- Stories: 1
Lot
- Lot size: 2,613 sqft
Parking
- Total spaces: 1
- Parking features: On Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Clara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,675 | $188,100 |
| Home Insurance * | $224 | $2,688 |
| Property Taxes | $3,002 | $36,024 |
| Electricity | $398 | $4,786 |
| Total | $19,299 | $231,588 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Listed for sale | $3,100,000 |
| 2025-06-03 | Sold | $2,050,000 |
| 2025-05-29 | Contingent | $2,500,000 |
| 2025-04-01 | Listed for sale | $2,500,000 |
| 2023-06-09 | Sold | $1,000,000 |
| 2014-09-26 | Sold | $1,799,750 |
| 2014-02-04 | Sold | $1,609,750 |
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