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183 Everett Ave
Palo Alto, CA 94301 Downtown Palo Alto

$2,700,000 USD

Multifamily For Sale • 1,335 SF

Property Details

Property Type Multifamily
Total Building Size 1,335 SF
Lot Size 0.07 AC
Year Built 1905
Cap Rate 2.76 %

57 Transit Score

90 Walk Score

                
                    Highlights
                
                                Potential 1 Bed 1 Bath ADU unit development
                            
                                In-Unit Washer/Dryer for all units
                            
                                Less than one mile away from Stanford University and Stanford Shopping Center
                            
                                One block away from Downtown Palo Alto

Financial Summary (Actual)

Net Operating Income: $74,673 USD (2023)

Cap Rate:	2.76 %
Total Expenses:	$50,013 USD

Amenities

Washer/Dryer

Public Transportation

Commuter Rail	Drive	Walk	Distance
Palo Alto (Caltrain - Caltrain (Caltrain))	1 min	5 min	0.2 mi
Menlo Park (Caltrain - Caltrain (Caltrain))	4 min	-	1.5 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	24 min	-	16.0 mi
San Francisco International	29 min	-	20.1 mi
Metro Oakland International	42 min	-	28.7 mi

Ray Rodriguez 626-483-5136 Compass Commercial

183 Everett Ave Palo Alto, CA 94301 Downtown Palo Alto