Palo Alto, CA 94301,Address not disclosed
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Palo Alto, CA 94301,Address not disclosed
Palo Alto, CA 94301,Address not disclosed
Palo Alto, CA 94301,Address not disclosed
Palo Alto, CA 94301,Address not disclosed

$2,750,000

Est. payment /mo

$2,750,000

Est.Price: ?

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Address not disclosed Palo Alto, CA 94301

1,346 SqFt

SOLD DATE : 10/04/2019

Key Details

Sold Price $2,750,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,346 sqft

Price per Sqft $2,043

MLS Listing ID ML81768240

Sold Date 10/04/19

HOA Y/N No

Year Built 1925

Annual Tax Amount $33,314

Lot Size 7,501 Sqft

Acres 0.1722

Property Description

Attractive duplex with large front and back yards.Ea.unit has its own private entry. The two units share a 2-car garage. Both units are 1 BR 1 BA. Situated on a +-7,500 square foot parcel in the highly desirable and prestigious 'Old Palo Alto" neighborhood, this property offers a buyer a rare potential redevelopment opportunity in Old Palo Alto. The property is currently zoned RM-20 per the City of PA. This property offers a buyer several options to explore including redevelopment, owner occupying the existing structure or continuing with the property's current use as a rental duplex. The owner of the +-7,500 square foot parcel across the street at 115-123 Rinconada is currently in the process of developing 2 detached condominium homes per the City. Interested parties are encouraged to investigate various possibilities with the City as to what they might allow on the site and Buyers should rely solely on their own investigation. Quality Palo Alto schools. Buyer to verify all SF figures

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM-20

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Garage Spaces 2.0

Garage Description 2.0

Roof Type Bitumen,Composition,Shingle

Accessibility None

Building

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Palo Alto

School District Palo Alto Unified

Others

Tax ID 12419003

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Keith Suddjian • Cornish & Carey Commercial
Bought with Michelle Clark • Cornish & Carey Commercial

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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