$5,999,000
Two adjoining parcels at 3567 and 3585 El Camino Real offered together. Approx. 12,282 SF (0.28 AC) residential development opportunity in south Palo Alto with approx. 120 ft of El Camino Real frontage and rear public alley access. APNs 132-40-061 (6,132 SF) and 132-40-058 (6,150 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.
Listed by Yoga Yang with YJY Investments
MLS Property Type
Land
Status
Active
MLS Number
ML82062892
Lot Size
0.28 acres
Click to interact with map
340 Palo Alto Ave, Palo Alto
Listed by Joel Hopman with Newmark Cornish & Carey
1315 Alameda De Las Pulgas, Belmont
Listed by Ravi Jagtiani with Intero Real Estate Services
990 Garden St, East Palo Alto
Listed by Ephan Liu with Wilbur Properties
3343 Alpine Rd, Portola Valley
Listed by David Cauchi with Compass
717 Donohoe St, East Palo Alto
Listed by Tao He with Morgan Real Estate
26699 Altamont Rd, Los Altos Hills
Listed by Axis Elite Team with Aspire Homes
2809 El Camino Real, Redwood City
Listed by Scott Kilpatrick with Compass
0 Kathy Ln Ave, Los Altos
Listed by Kathleen Wilson with Compass
