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Listed by Yoga Yang • YJY Investments, DRE#01972308
$ 5,999,000
Est. payment /mo
New
3585 El Camino Real Palo Alto, CA 94306
0.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land, Commercial
Sub Type Other Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82062890
Lot Size 0.282 Acres
Property Sub-Type Other Commercial Land
Property Description
Two adjoining parcels at 3567 and 3585 El Camino Real offered together. Approx. 12,282 SF (0.28 AC) development site in south Palo Alto with approx. 120 ft of El Camino Real frontage and rear public alley access. APNs 132-40-058 (6,150 SF) and 132-40-061 (6,132 SF). 3567 El Camino Real is currently improved with an approx. 4,800 SF two-story commercial building (built 1959, per county records); lot sizes per City of Palo Alto parcel reports, buyer to verify. Zoned CN (Neighborhood Commercial). Flexible for for-sale condos/townhomes, rental apartments, mixed-use or live-work. A preliminary Hayes Group Architects feasibility study tested a 4-story, 16-unit for-sale residential concept over partially excavated parking. A qualifying project may be able to use the State Density Bonus Law and SB 330. Close to Stanford Research Park, California Ave, Caltrain and Stanford University. Fee-simple land sale, as-is. Offering Memorandum and feasibility study available upon request.
Location
State CA
County Santa Clara
Area Ventura
Zoning CN
Exterior
Fence Not Surveyed
Utilities Available Public Utilities
Building
Lot Description Regular
Sewer Sewer - Public
Water Public
Others
Tax ID 132-40-058
Horse Property No
Special Listing Condition Not Applicable
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