70 Encina Avenue, Palo Alto, CA 94301

$8,650,000 Approx. USD 0 beds, 0 baths

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Photo of Jesse Hlubik

Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Agent Remarks

70 Encina Avenue represents the rare opportunity to obtain a fully approved and entitled development site in the heart of thriving Silicon Valley. Situated on a 0.278-acre site within the highly sought after city of Palo Alto, the subject offers the opportunity to develop an attached residential housing project in an unrivaled location. The property is adjacent to Town & Country Village, across the street from Stanford University, and a short distance from top high-tech employers, a vibrant downtown shopping district, and numerous recreation opportunities. The subject is approved for redevelopment with 10 townhouse-style residential condominiums contained in a three-story structure with at-grade parking. Floor plans include two-bedroom and three-bedroom residences. Eight of the units will be offered at market rate, with two units designated for below market rate buyers. The project is designed with private garages and direct access to all units, making it highly attractive to prospective homeowners.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# ML82017280

Price: $8,650,000

Beds: 0

Baths: 0

0.28 acres

Lot size: 0.2782

County: Santa Clara

Zoning: CC

Lot description: Level