630 University Avenue
Palo Alto, CA 94301
$750,000.00 (-16.67%)
Pending for $3,750,000
Beds: 3 Baths: 4 Structure Size: 3,624 sqft Lot Size: 5,000 sqft
MLS | ML81973251 |
Year Built | 1940 |
Property Type | Single Family Residence |
County | Santa Clara |
Status | Pending |
Pending | $3,750,000 |
Structure Size | 3,624 sqft |
Lot Size | 5,000 sqft |
Beds | 3 |
Baths | 4 |
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.
Listing information courtesy of: Jeremy Awdisho, Meacham Oppenheimer, Inc. 650-814-4510. *Based on information from the Association of REALTORS/Multiple Listing as of 11/27/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.