630 University AVE Pending

Palo Alto,CA 94301

$ 3750000

3 Beds

4 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

MLS Listing ID ML81973251

Bedrooms 3

Full Baths 1

Half Baths 3

HOA Y/N No

Year Built 1940

Lot Size 5,000 Sqft

Property Description

Prestigious Downtown Palo Alto Single Family Home Opportunity, first time on the market in over 3 decades! The property is currently being used as an office/residential building. The property has 3 units, Unit A & B are office/medical office with 9 private offices and 3 1/2 baths. Unit C is a 3-bedroom/1-bathroom residential unit with a charming outdoor yard. All 3 units including the residential unit are connected by internal doors which can be closed off to either separate the building to 3 units or connect the units. The RM-40 zoning that the property is in allows for the building to be used as a single family home which is very rare in Downtown Palo Alto. The property is situated on a 5,000 SF lot on the corner of University Ave and Byron St with 2 parking spaces on the Byron St side of the property. Live work potential to occupy the office units and live in the residential unit or use the entire property as a single family home. The property will be delivered vacant at close of escrow. Palo Alto, known as the Birthplace of Silicon Valley, is home to 69,700 residents and nearly 100,000 jobs. Home to Stanford University and a top-ranked public school system, Palo Alto also features beautiful and historic residential neighborhoods, vibrant shopping and retail districts.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM-40

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace Yes

Exterior

Garage Uncovered

View Y/N No

Roof Type Shingle,Tar/Gravel

Parking Type Uncovered

Attached Garage No

Total Parking Spaces 2

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Palo Alto Unified

Others

Tax ID 12003041

Special Listing Condition Standard

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