560 Everett Avenue

Palo Alto CA 94301

2303 sq. ft.

9500 sq. ft.

Duplex

Last sold for $3,125,000

Matthew Thomson, last sold this property on 13 November 2025 after 14 days on market.

Overview

INCREDIBLE DOWNTOWN PALO ALTO FULLY VACANT TRIPLEX! Extremely rare opportunity to acquire a fully vacant triplex in the heart of downtown Palo Alto. Ideal for investors that can immediately renovate and rent units at top market levels, or for owner-occupiers that can make one of the units their dream home while enjoying significant supplemental income from the other tenants. Excellent Unit Mix: (1) Two-Bedroom / One & 1/2 Bath, (1) Two-Bedroom / One Bath and (1) One-Bedroom / One-Bath. Two buildings strategically positioned on oversized 9,500 SF lot (large downtown parcel with favorable R4 zoning - redevelopment potential). Perfect ADU opportunity - garage has laundry room & bathroom ideal for easy ADU conversion. Two large storage sheds are wired with power to use as offices. Second floor 2x1 unit has attractive wrap-around balcony with beautiful views. Garage, driveway & rear alley parking. Irreplaceable location 2 blocks from University Avenue and all the high-end shopping, dining and entertainment amenities of downtown Palo Alto and 1/2 mile from Caltrain (90 "Walker's Paradise and 97 "Biker's Paradise"). Gorgeous mature landscaping throughout the entire property.

Features

2303 sq. ft. floor area

9500 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Palo Alto over the last 12 months, the estimated median property value of 560 Everett Avenue is $2.91m.

Median value

$2.91m

Estimated value range

$2.05m - $3.8m

Median days on market

Estimated value trend

-17%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Palo Alto. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 560 Everett Avenue

2025

Sold

$3,125,000

13 Nov 2025 by Matthew Thomson, of Compass

Happy sellers in Palo Alto

We have insufficient information to provide an overview of customer satisfaction for Palo Alto. Viewing the agent profiles, reviews and sales for Palo Alto can provide insights for this location.