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365 Everett Ave
Palo Alto, CA 94301 Downtown Palo Alto

$7,050,000 USD

Apartments For Sale • 14,376 SF

Property Details

Property Type Apartments
Total Building Size 14,377 SF
Lot Size 0.33 AC
Building Class C
Year Built 1954
Cap Rate 3.72 %

57 Transit Score

90 Walk Score

                
                    Highlights
                
                                Steps from Downtown Palo Alto
                            
                                Prime location with upside in rents
                            
                                3 of 11 units renovated

Financial Summary (Actual)

Net Operating Income: $262,353 USD (2023)

Cap Rate:	3.72 %
Total Expenses:	$117,242 USD

Amenities

24 Hour Access
Courtyard
Dishwasher
Laundry Facilities
Heating
Ceiling Fans
Refrigerator
Range
Storage Space
Double Pane Windows
Patio

Public Transportation

Commuter Rail	Drive	Walk	Distance
Palo Alto (Caltrain - Caltrain (Caltrain))	1 min	8 min	0.4 mi
Menlo Park (Caltrain - Caltrain (Caltrain))	4 min	-	1.7 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	23 min	-	15.8 mi
San Francisco International	29 min	-	19.9 mi
Metro Oakland International	41 min	-	28.5 mi

Ray Rodriguez 626-483-5136 Compass Commercial

365 Everett Ave Palo Alto, CA 94301 Downtown Palo Alto