SoldNov 13, 2025

Listed by Matthew Thomson from Compass

Listed and Bought with Bryan Danforth from Compass

Source: Bay East, Contra Costa, EBRD #ML82026224

560 Everett Avenue, Palo Alto, CA, 94301

$3,125,000

2303 sq. ft.
9500 sq. ft.

Duplex

2 days on the market

Sold: Nov 13, 2025

What's around 560 Everett Avenue

About this property

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.

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