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$3,750,000
Est. payment /mo
3 Beds
4 Baths
3,624 SqFt
UPDATED:
12/05/2024 05:10 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 3,624 sqft
Price per Sqft $1,034
MLS Listing ID ML81973251
Bedrooms 3
Full Baths 1
Half Baths 3
HOA Y/N No
Year Built 1940
Lot Size 5,000 Sqft
Property Description
Prestigious Downtown Palo Alto Single Family Home Opportunity, first time on the market in over 3 decades! The property is currently being used as an office/residential building. The property has 3 units, Unit A & B are office/medical office with 9 private offices and 3 1/2 baths. Unit C is a 3-bedroom/1-bathroom residential unit with a charming outdoor yard. All 3 units including the residential unit are connected by internal doors which can be closed off to either separate the building to 3 units or connect the units. The RM-40 zoning that the property is in allows for the building to be used as a single family home which is very rare in Downtown Palo Alto. The property is situated on a 5,000 SF lot on the corner of University Ave and Byron St with 2 parking spaces on the Byron St side of the property. Live work potential to occupy the office units and live in the residential unit or use the entire property as a single family home. The property will be delivered vacant at close of escrow. Palo Alto, known as the Birthplace of Silicon Valley, is home to 69,700 residents and nearly 100,000 jobs. Home to Stanford University and a top-ranked public school system, Palo Alto also features beautiful and historic residential neighborhoods, vibrant shopping and retail districts.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM-40
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace Yes
Exterior
Parking Features Uncovered
View Y/N No
Roof Type Shingle,Tar/Gravel
Attached Garage No
Total Parking Spaces 2
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Palo Alto Unified
Others
Tax ID 12003041
Special Listing Condition Standard
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Listed by Jeremy Awdisho • Meacham Oppenheimer, Inc.