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270 Everett Avenue — Palo Alto — 1,840 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+9 more

$2,700,000

25 DOM

$1,467/sqft— bd— ba1,840 sqft

Call

270 Everett Ave Palo Alto, CA 94301

2,432sqft lot

Exceptional investment opportunity in the heart of Downtown Palo Alto. Updated three unit building featuring three 1 bedroom, 1 bath units, each with refreshed kitchens and baths plus in-unit laundry for each. Two units enjoy private outdoor patios. One unit includes an attached garage for storage. Fully leased building with consistent, strong tenant demand. Ideally located just steps from downtown dining and shops, and less than a mile from Stanford University, Stanford Hospital and Stanford Shopping Center, plus easy commute to Silicon Valley tech companies. Its unmatched location and consistent tenant appeal make it a compelling choice for investors seeking reliable income and longterm upside in a great downtown Palo Alto location.

MLS ML82039336

(650) 324-4456 (Office) 650-464-1965 (Cell) kelly@mcnairgroup.com

Est. payment

$17,254/mo

Principal & interestTaxesInsurance

$13,653$2,813$788

Down %

Rate %

Years

Down payment: $540,000 · Total cost: $5,454,961

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$17,254/mo

Principal & interest: $13,653
Est. property tax: $2,813
Est. insurance: $788
Down payment: $540,000

Est. gross rent$11,250/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-6,004/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 19, 2026	$2,700,000	—

Facts & Features

Transaction Data

Annual Taxes$32,333

Structure & Property

Year Built1931

(650) 324-4456 (Office) 650-464-1965 (Cell) kelly@mcnairgroup.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

270 Everett Avenue, Palo Alto, CA 94301

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Call

270 Everett Ave Palo Alto, CA 94301

About this home

Kelly Griggs

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Kelly Griggs

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

270 Everett Avenue, Palo Alto, CA 94301

About This Property

Property Photos

270 Everett Ave Palo Alto, CA 94301

About this home

Kelly Griggs

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Kelly Griggs

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.