Address
1893 Woodland AVE, East Palo Alto, CA
Price
$ 6,399,000
Property Attributes
- MLS#ML81959779
- TypeLand
- CountySAN MATEO
- CityEast Palo Alto
- AreaEast of U.S. 101 East Palo Alto
- Zip94303
- StyleVacant
- Price$ 6,399,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.126 Acres
Data Source:
MLSListings Inc.
Property Description
Attention Developers! This is an excellent and rare opportunity to establish a new subdivision in a prime location! Situated close to major employers such as Stanford University, Stanford Hospital, Meta Headquarters, Amazon EPA offices, and Palo Alto downtown, with easy access to Google, LinkedIn, and more. The property is located on the west side of Freeway 101, just off University Ave., and borders Palo Alto. The Conceptual Yield Study indicates a potential for 33-34 townhouse units or 44 apartment units. Originally a mobile home park, all utilities were connected to the property but were subsequently removed upon the closure of the park. The mobile home park has since been officially closed. Developers may have the opportunity to receive credits for utility connections and housing fees from the city of East Palo Alto. In addition, the subject property is assigned to Menlo-Atherton High School. It is primed and ready for redevelopment.
| Price History | |
|---|---|
| 4/2/2024 | Listed $6,399,000 |
General Features
| Development Status | Lot Split Possible,Subdivision - Possible |
|---|---|
| Utilities | Electricity - On Site,Gas - On Site |
| Water | Public |
| Property SubType | Residential Development Land |
| City Limits (Y/N) | Yes |
| Zoning Text | R-MD-1 |
| County | San Mateo |
| Property Type | Residential Lots & Land |
| Present Use | Vacant |
| Special Listing Conditions | Not Applicable |
| Status | Active |
| City | East Palo Alto |
| MLS Area | East of U.S. 101 East Palo Alto |
| Listing Agent State License | 01362454 |
Exterior Features
| Lot Description | Grade - Level,Possible Lot Split,Potential Re-Zone |
|---|---|
| Fencing | Fenced |
| Horse Property | No |
| Lot Size Area | 49048.56 |
| Parcel Access | Accessible |
| Maximum Lot Size | 49048.56 |
| Sewer/Septic | Sewer - Public |
| Lot Acres | 1.1260 |
| Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 94303
Price
Visits
Last updated: May 19, 2024 3:42 AM UTC Property Information © 2024 