252-262 Everett AVE

$3,098,000

252-262 Everett AVE, Palo Alto, CA, 94301

3,540 sqft

Listing courtesy of Kelly Griggs, Coldwell Banker Realty
Listing broker contact: 650-464-1965 · kelly@mcnairgroup.com

Description

This well-maintained 5-unit multifamily property offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. Located just a few blocks from University Avenue's dining, shops, and retail, this offers a desirable walk to downtown Palo Alto location. Built in 1925 and thoughtfully updated over time, including a new electrical panel, new HVAC systems in each unit. Every 1-bed unit has been nicely remodeled, with all units offering remodeled kitchens and baths, in-unit washer and dryer, and A/C. The unit mix consists of four spacious 1-bedroom/1-bath units and one studio, totaling 3,540 SF in the building. The property is occupied with excellent, well-qualified tenants, currently at under-market rents. All 5 units are nicely remodeled with great natural light and fabulous floor plans. Deep renter pool from nearby major employers and CalTrain accessibility. 2-car garage onsite, which could be rented for added income or converted to an ADU. Two additional driveway parking spots. This property can be purchased individually as a 5-unit multifamily property or as a combined 12-unit portfolio with the adjacent 4-plex at 311-317 Ramona Street and triplex at 270 Everett. Incredible opportunity!

Listing details

MLS #: ML82062178
Status: Active
Property type: FiveOrMoreUnits
Living area: 3,540 sqft
Lot size: 3,987 sqft
Year built: 1925
Garage: 2
List price: $3,098,000
List date: 2026-09-22
Listing agent: Kelly Griggs
Listing office: Coldwell Banker Realty

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than 3C Realty are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of November 6, 2026 12:05 AM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

This data is updated every 12 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. This data is up-to-date as of November 6, 2026 12:05 AM PST. For the most current information, contact 3C Realty, (408) 605-2256, christine@3crealtors.com.

The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX display powered by 3C Realty. To report inaccurate information added by 3C Realty, contact christine@3crealtors.com or (408) 605-2256.

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by MLSListings Inc.