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Listed by Bryan Danforth • Compass
$2,600,000
Est. payment /mo
3 Beds
2 Baths
1,545 SqFt
OPEN HOUSE
Wed Jul 30, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,545 sqft
Price per Sqft $1,682
MLS Listing ID ML82015819
Bedrooms 3
Full Baths 2
Year Built 1946
Lot Size 7,530 Sqft
Property Sub-Type Duplex
Source MLSListings, Inc.
Property Description
Prime Investment Opportunity in the Heart of Palo Alto! Exceptional duplex located in one of Palo Altos most sought-after neighborhoods surrounded by major employers, top schools, and vibrant amenities. Ideal for both owner-occupants and savvy investors. Park Blvd includes: A front 2-bedroom, 1-bath unit (approx 883 sf), and a rear 1-bedroom, 1-bath unit (approx 660 sf). Each unit enjoys its own spacious and private yard, all on a generous 7,530 sq ft lot. Significant Development Potential: Zoned to build up to 3,009 sq ft (or more*), this lot offers multiple options to build two new homes, or a primary residence plus an ADU. (*ADUs, basements, and covered parking may be excluded from FAR calculations buyer to verify.) Premier Location: Just two blocks from California Avenue, soon to be transformed under the city's Uplift Local initiative into a vibrant, car-free, pedestrian-friendly district continuing to enhance livability and long-term value. Recent Improvements Include: New electrical system, All new copper plumbing, Roof repairs, New fencing. Bonus Opportunity: Convert the existing garage into a detached ADU to further increase rental income and property value. Don't miss this rare opportunity to invest, develop, or live in one of Silicon Valleys premier locations!
Location
State CA
County Santa Clara
Area College
Zoning M1S
Interior
Heating Fireplace , Forced Air, Wall Furnace
Cooling None
Laundry Washer / Dryer
Exterior
Parking Features Carport , Detached Garage
Garage Spaces 1.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Composition
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Tax ID 124-27-040
Special Listing Condition Not Applicable
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