270 Everett Ave, Palo Alto, CA, 94301
About This Home
Exceptional investment opportunity in the heart of Downtown Palo Alto. Updated three unit building featuring three 1 bedroom, 1 bath units, each with refreshed kitchens and baths plus in-unit laundry for each. Two units enjoy private outdoor patios. One unit includes an attached garage for storage. Fully leased building with consistent, strong tenant demand. Ideally located just steps from downtown dining and shops, and less than a mile from Stanford University, Stanford Hospital and Stanford Shopping Center, plus easy commute to Silicon Valley tech companies. Its unmatched location and consistent tenant appeal make it a compelling choice for investors seeking reliable income and longterm upside in a great downtown Palo Alto location.
Getting Around
Walker's Paradise
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1931
Materials
- Foundation: Other
- Roof: Tile
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Features: BreakfastNook
Family Room
- Features: NoFamilyRoom
Features
- Door features: None
Heating & Cooling
- Heating features: Central Forced Air,Electric,Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 12025067
- Zoning: RM4
- Special condition: Standard
Features
- Stories: 2
Lot
- Lot size: 2,432 sqft
Parking
- Total spaces: 1
- Parking features: On Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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 | $9,986 | $119,832 |
| Home Insurance * | $143 | $1,716 |
| Property Taxes | $2,838 | $34,056 |
| Electricity | $398 | $4,786 |
| Total | $13,365 | $160,380 |
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 |
|---|---|---|
| 2026-04-16 | Price change | $2,300,000 |
| 2026-03-19 | Listed for sale | $2,700,000 |
| 2015-11-20 | Listing removed | $2,350 |
| 2015-11-18 | Listed for rent | $2,350 |
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