About 578 Oregon Ave
This is an exceptional opportunity in the sought-after Midtown neighborhood a 1.08-acre parcel offering immense redevelopment potential. Potentially requiring rezoning for Planned Community residential, this rare opportunity would transform this parcel. Currently configured with 8 tenant-occupied cottages, this property also presents subdivision possibilities, opening doors for a visionary development. Positioned in the heart of this highly sought-after area, the centrally located site offers close proximity to Stanford University, tech hubs, local parks and shops, plus acclaimed Palo Alto schools. It is an outstanding prospect for investors or developers who seek to capitalize on a rare chance to transform prime real estate in a coveted Silicon Valley location.
Features of 578 Oregon Ave
| MLS® # | ML81992737 |
|---|---|
| Price | $10,000,000 |
| Acres | 1.09 |
| Type | Residential Lots and Land |
| Sub-Type | Residential Development Land |
| Status | Contingent |
Community Information
| Address | 578 Oregon Ave |
|---|---|
| Area | Midtown |
| City | PALO ALTO |
| County | Santa Clara |
| State | CA |
| Zip Code | 94301 |
Amenities
| Utilities | Electricity - On Site, Gas - On Site, Public Utilities, Natural Gas |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Grade - Level, Possible Lot Split, Regular |
|---|
Additional Information
| Zoning | R1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jolaine & Jack Woodson |
|---|---|
| Office | Compass |
| Contact Info | 650-740-9694 |