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.
Property Type(s):
Single Family
|
Last Updated
|
8/9/2024
|
Year Built
|
1940
|
|
County
|
Santa Clara
|
Price History
|
Prior to Aug 9, '24
|
$4,500,000 |
| Aug 9, '24 - Today |
$3,750,000 |
Additional Details
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| HEAT |
Electric, Forced Air |
| INTERIOR |
Eat-in Kitchen |
| LOT |
5001 sq ft |
| LOT DIMENSIONS |
5000.00 |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
RM-40 |
Listed by Jeremy Awdisho | 650-814-4510, Meacham Oppenheimer, Inc.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 9/7/24 8:29 PM PDT. 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.
Copyright 2024 MLSListings Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2024.
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Written by Andrew -
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