340 Palo Alto AVE, Palo Alto, CA 94301
340 Palo Alto AVE, Palo Alto, CA 94301
340 Palo Alto AVE, Palo Alto, CA 94301
6
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$6,300,000
Est. payment /mo
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2 Beds
1 Bath
1,120 SqFt
New

340 Palo Alto AVE Palo Alto, CA 94301

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Kaushik Sirkar

Kaushik Sirkar

+1(480) 600-2808

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $5,625

MLS Listing ID ML82055000

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1910

Lot Size 7,200 Sqft

Property Sub-Type Single Family Residence

Property Description

340 Palo Alto Avenue consists of a charming single-story 2 bed 1 bath home on a +/- 0.2 acre lot with rare development potential in prime North Downtown Palo Alto. Ownership has filed an SB79 application to develop a 3-story, 6-luxry condo project. The +/- 1,500-1,550 sq. ft. 3 bedroom 3.5 bath premium condos will feature large terraces overlooking the tree-lined San Francisquito Creek. The property will feature a lobby entry with an elevator, two stairwells, privatized storage for each unit, at-grade parking, an interior trash/recycling room, all-electric service, and an attractive exterior façade consisting of painted brick and wood elements, a nod to its contemporary and greenbelt surroundings. Additionally, an option may exist to add a 7th penthouse suite unit which would be a larger +/- 1,800 sq. ft. residence on its own floor, with spectacular views. The property feeds to the #1 ranked school district in California; Addition Elementary, Greene Middle and Palo Alto High schools. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R1

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Off Street

Fence None

View Y/N No

Roof Type Composition,Shingle

Total Parking Spaces 1

Building

Lot Description Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Palo Alto

School District Palo Alto Unified

Others

Tax ID 12012045

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joel Hopman Newmark Cornish & Carey #01934574

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Kaushik Sirkar

Kaushik Sirkar

Team Leader | License ID: 01981674

+1(480) 600-2808

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340 Palo Alto AVE