---
listing_id: ML82062178
status: Active
price: 3098000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 3540
sqft_lot: 3987
lot_acres: 
year_built: 1925
property_type: Residential Income
property_subtype: 
address: "252-262 Everett Ave"
city: Palo Alto
state: CA
zip: 94301
county: "Santa Clara County"
lat: 37.446927
lng: -122.164446
days_on_market: 4
hoa_fee: 
hoa_frequency: 
garage_spaces: 2
list_agent: "Kelly Griggs"
list_office: "Coldwell Banker Realty"
list_agent_phone: "(650) 464-1965"
list_agent_license: 01812313
mls_source: MLSL
modified: 2026-09-24
transaction_type: buy
---

Home | Santa Clara County | Palo Alto | 94301 | 252-262 Everett Ave

252-262 Everett Ave, Palo Alto, CA 94301

MLS: ML82062178 | Status: | Price: $3,098,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
– – 3,540 3,987 1925

Remarks

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!

MLS Listing Information

Field Value
MLS # ML82062178
MLS Source MLSListings, Inc.
Days on Site 4

Features

Interior Features

Feature Details
Kitchen Countertop - Synthetic, Exhaust Fan
Appliances Exhaust Fan, Microwave, Oven Range - Electric, Washer/Dryer
Flooring Laminate
Cooling Window/Wall Unit
Heating Electric, Forced Air, Wall Furnace

Exterior Features

Feature Details
Roof Flat, Tile
Foundation Concrete Perimeter and Slab

Parking, School, and Other Information

Feature Details
Garage/Parking Attached Garage, On Street, Tandem Parking, Garage: 2 Car(s)
Elementary District Palo Alto Unified
High School District Palo Alto Unified
Sewer Public Sewer
Water Public
Zoning RM4

Contact Information

Listing Agent Co-Listing Agent
Kelly Griggs Billy Mcnair
Coldwell Banker Realty
License #: 01812313 License #: 01343603
Phone: (650) 464-1965 Phone: (650) 862-3266

Property Units

# Buildings # Leased Units # Total Units
2 4 5

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 705 1 1/0 $3,600 $3,780 2
2 665 1 1/0 $3,600 $4,200 2
3 520 0 1/0 $2,700 $2,700 1

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Addison Elementary School public K-5 0.75 mi 9
Palo Alto High School public 9-12 0.77 mi 10
Palo Alto Adult Education public UG 0.83 mi N/A
Packard Children's Hospital/Stanford public K-12 0.90 mi N/A
Menlo-Atherton High School public 9-12 1.15 mi 8
Walter Hays Elementary School public K-5 1.28 mi 9
Laurel Elementary School public K-5 1.43 mi 10
Duveneck Elementary School public K-5 1.65 mi 9
Encinal Elementary School public K-5 1.70 mi 9
Frank S. Greene Jr. Middle public 6-8 1.75 mi 9
Hillview Middle School public 6-8 1.77 mi 9
Escondido Elementary School public K-5 1.84 mi 10
Oak Knoll Elementary School public K-5 1.90 mi 10
Belle Haven Elementary School public K-5 2.08 mi 1
Ravenswood Comprehensive Middle public 6-8 2.10 mi 4
Los Robles-Ronald McNair Academy public K-5 2.12 mi 4
Lucille M. Nixon Elementary School public K-5 2.31 mi 10
Ohlone Elementary School public K-5 2.33 mi 10
El Carmelo Elementary School public K-5 2.41 mi 9
La Entrada Middle School public 4-8 2.44 mi 10

Nearby Homes

Address Price Beds Baths Sq Ft Status
2609-2617 Alma St $2,500,000 – – 2,232 PendingDoNotShow
2110 Williams St $3,200,000 – – 3,298 PendingDoNotShow
929 Alice Ln $3,100,000 – – 3,168 Active
311-317 Ramona St $2,998,000 – – 3,169 Active

Disclosures

©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

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This listing information is up-to-date as of September 24, 2026. For the most current information, please contact Kelly Griggs, (650) 464-1965.