Listing Agent: Bryan Danforth      Broker/Office: Compass
2145 Park Boulevard Palo Alto CA 94306
$ 2,600,000
  3   |    2   |    1545 Sq Feet

Listing ID

#ML82015821

Status

Active

County

Santa Clara

Year Built

1946

Days on website

3

Description
DUPLEX - Prime Investment Opportunity in the Heart of Palo Alto! Located in one of Palo Altos most sought-after neighborhoods surrounded by major employers, top schools, and vibrant amenities. Ideal for both owner-occupants and savvy investors. Park Blvd includes: A front 2-bedroom, 1-bath unit (approx 883 sf), and a rear 1-bedroom, 1-bath unit (approx 660 sf). Each unit enjoys its own spacious and private yard, all on a generous 7,530 sq ft lot. Significant Development Potential: Zoned to build up to 3,009 sq ft (or more*), this lot offers multiple options to build two new homes, or a primary residence plus an ADU. (*ADUs, basements, and covered parking may be excluded from FAR calculations buyer to verify.) Premier Location: Just two blocks from California Avenue, soon to be transformed under the city's Uplift Local initiative into a vibrant, car-free, pedestrian-friendly district continuing to enhance livability and long-term value. Recent Improvements Include: New electrical system, All new copper plumbing, Roof repairs, New fencing. Bonus Opportunity: Convert the existing garage into a detached ADU to further increase rental income and property value. Don't miss this rare opportunity to invest, develop, or live in one of Silicon Valleys premier locations!
Location
Financial Information
List Price:  $ 2600000
Property Features
Elementary School:  Other
Foundation Details:  Slab
High School:  Palo Alto
High School District:  Palo Alto Unified
Middle Or Junior School:  Other
Parking Features:  Carport
Roof:  Composition
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:   Bryan Danforth   Compass 
Co-listed by
Matthew Thomson  
CA Lic#