1893 Woodland Ave, East Palo Alto, CA

$6,399,000

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1.13

Acres

About 1893 Woodland Ave

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 of 1893 Woodland Ave

MLS® # ML81959779
Price $6,399,000
Acres 1.13
Type Residential Lots and Land
Sub-Type Residential Development Land
Status Active

Community Information

Address 1893 Woodland Ave
Area East of U.S. 101
City East Palo Alto
County San Mateo
State CA
Zip Code 94303

Amenities

Utilities Electricity - On Site, Gas - On Site
Is Waterfront No

Interior

Fireplace No

Exterior

Lot Description Grade - Level, Possible Lot Split, Potential Re-Zone

Additional Information

Zoning R-MD-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJenny Huang
OfficeColdwell Banker Realty
Contact Info408-203-1128

Listing Map

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