1893 Woodland AVE, East Palo Alto, CA 94303

MLS# ML81959779
Status: Active

  • $6,399,000

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  • 1.126

    Approx. Lot Size
  • Listing Class: Residential Lots & Land
  • Property Type: Lot/Land

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    Julie Tsai Law

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    Details

    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.

    Features

    General Features

    • Listing ClassResidential Lots & Land
    • ZoningR-MD-1
    • Property TypeLot/Land
    • Lot DescriptionGrade - Level,Possible Lot Split,Potential Re-Zone
    • Parcel063-501-010
    • Horse PropertyNo

    Exterior Features

    • FencingFenced

      Utilities & Energy

      • UtilitiesElectricity - On Site,Gas - On Site
      • Sewer/SepticSewer - Public
      • WaterPublic

      Neighborhood

      East of U.S. 101 East Palo Alto

      Market Conditions

      Explore our neighborhoods – East of U.S. 101 East Palo Alto
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