543 Everett Court, Palo Alto, California 94301, Palo Alto, 94301 - bed, bath
ACTIVE$3,950,000
543 Everett Court, Palo Alto, California 94301
0Bed
0Bath
2,578Sqft
4,250Lot
Year Built
1966
Close
-
List price
$3.95M
Original List price
$3.95M
Price/Sqft
$1,532
HOA
-
Days on market
-
Sold On
-
MLS number
ML82029347
Home ConditionExcellent
Features
Deck
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $3.95M(67th), sqft - 2578(67th), beds - undefined(50th), baths - undefined(50th).
Transformed downtown Palo Alto building located in private alley two blocks to University! Great investment or owner user. Owners have been refurbishing this building since 2023! New plumbing, electrical, roof, windows, doors, custom kitchen and baths and so much more! A must see if you need an investment with minimal to no attention needed or a multi generational home. The improvements have been to numerous to mention. The downstairs unit has a large separate yard and two suites. The upstairs units have a shared patio area. This is a must see!
Nearby schools
7/10
Addison Elementary School
Public,•K-5•0.6mi
8/10
David Starr Jordan Middle School
Public,•6-8•1.6mi
9/10
Palo Alto High School
Public,•9-12•0.9mi
Price History
Date
Event
Price
12/12/25
Listing
$3,950,000
Condition Rating
Excellent
Despite being built in 1966, this property has undergone an extensive and recent renovation since 2023. The listing explicitly states 'new plumbing, electrical, roof, windows, doors, custom kitchen and baths and so much more,' indicating that all major systems and aesthetic components are virtually new and meet current quality standards. This comprehensive refurbishment, including custom kitchens and bathrooms, places the property in an excellent, move-in ready condition with no deferred maintenance.
Pros & Cons
Pros
Great Schools: High School: Palo Alto High School (9/10).
Prime Downtown Location: Strategically located in downtown Palo Alto, just two blocks from University Avenue, offering unparalleled access to amenities, dining, and transportation, which is highly desirable for both residents and investors.
Extensive Recent Renovations: The building has undergone significant refurbishments since 2023, including new plumbing, electrical, roof, windows, doors, and custom kitchen/baths, minimizing immediate capital expenditures for a new owner.
Income-Generating Triplex: As a triplex (Residential Income property), it provides multiple income streams, making it an attractive investment opportunity or suitable for multi-generational living.
Versatile Use & Low Maintenance: Marketed as suitable for investment, owner-user, or multi-generational home with 'minimal to no attention needed,' appealing to a broad range of buyers seeking flexibility and ease of ownership.
Excellent School District: Located within the highly-rated Palo Alto Unified School District, with top-tier elementary, middle, and high schools nearby, which is a significant draw for families and contributes to property value.
Cons
Private Alley Location: Situated in a 'private alley,' which while offering seclusion, may imply less prominent street frontage, potential for limited access, or specific alley-related considerations compared to a main street property.
Limited Renovation Detail: While extensive, the description states 'improvements have been to numerous to mention,' which, without a comprehensive list of specific upgrades and their documentation, could raise questions during due diligence.
Shared Outdoor Space: The upstairs units share a patio area, which may be less appealing to some tenants or residents who prefer private outdoor spaces, potentially impacting individual unit desirability or rental rates.