3567 El Camino Real, Palo Alto, CA 94306
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Yoga Yang • YJY Investments, DRE#01972308
$5,999,000
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Residential Development Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82062892

Lot Size 0.282 Acres

Property Sub-Type Residential Development Land

Property Description

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.

Location

State CA

County Santa Clara

Area Ventura

Zoning CN

Exterior

Fence Not Surveyed

Utilities Available Public Utilities

Present Use Commercial

Building

Lot Description Regular

Sewer Sewer - Public

Water Public

Others

Tax ID 132-40-061

Horse Property No

Special Listing Condition Not Applicable

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Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate License ID: 02024903

Broker Associate License ID: 02024903

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3567 El Camino Real

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