3585 El Camino Real, Palo Alto, CA 94306
$5,999,000
Est. payment /mo
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0.28 Acres Lot
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3585 El Camino Real Palo Alto, CA 94306

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82062890

HOA Y/N No

Lot Size 0.282 Acres

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 699 - Not Defined

Zoning CN

Interior

Fireplace No

Exterior

Present Use Commercial

Building

Water Public

Schools

School District Palo Alto Unified

Others

Tax ID 13240058

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Listed by Yoga Yang YJY Investments #01972308

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate License ID: 01907255

+1(805) 910-0463

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