$3,750,000
Pending

630 University Avenue

Palo Alto, CA 94301
3624 sqft | 3 beds | 2.5 baths | 0.11 acres | #ML81973251
Listing OfficeMeacham Oppenheimer, Inc.
Browse 103 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • Bathrooms2.5
      • Bedrooms3
      • Full Baths1
      • Half Baths3
  • Property Details
      • Stories2
    • Measurements
      • Acres0.1148
      • Square Feet3624
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1940
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictPalo Alto Unified
      • CountySanta Clara
  • Financial Details
      • Original List Price$4,500,000
  • Other
      • MLS #ML81973251

Location

King Realty GroupReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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