Listing Agent: Heng Seroff Group      Broker/Office: Compass
870 College Avenue Palo Alto CA 94306
$ 2,798,000
  1   |    2   |    1231 Sq Feet

Listing ID

#ML82032957

Status

Pending

Property Type

Single Family Residence

Property Style

Cottage

County

Santa Clara

Year Built

1915

Days on website

16

Description
Exceptional opportunity to remodel, develop, or reimagine a versatile property on a 5,000 square foot lot in one of Palo Alto's most sought-after neighborhoods. Located in College Terrace, this offering presents long-term upside for end users, investors, or those planning their next move in a premier setting. The main residence is a 1-bedroom, 1-bath home with a functional layout, abundant natural light, and classic period character. A large attic provides valuable bonus space for storage or flexible use. A detached ADU with its own bathroom has a history of consistently strong rental performance, offering immediate income potential or flexible living options. The private backyard provides space to create an inviting outdoor retreat. Ideally located just one block from Stanford University, steps to Cameron Park, and moments from the shops and dining along California Avenue. A rare opportunity to own a property with both flexibility and upside in an A+ Palo Alto location.
Location
Financial Information
List Price:  $ 2798000
Property Features
Appliances:  Disposal, Dryer, Refrigerator, Washer
Elementary School:  Other
Fencing:  Partial, Wood
Flooring:  Concrete, Tile, Wood
High School:  Palo Alto
High School District:  Palo Alto Unified
Interior Features:  Attic
Middle Or Junior School:  Other
Parking Features:  Uncovered
Patio And Porch Features:  Deck
Roof:  Composition
View:  Neighborhood
Water Source:  Public
Elementary School:  Other
High School:  Palo Alto
High School District:  Palo Alto Unified
Middle Or Junior School:  Other
MLS Area Major:  699 - Not Defined
City:  Palo Alto
Listed By:   Heng Seroff Group   Compass 
CA Lic#