1508 Bay RD, East Palo Alto, CA 94303

$1,040,000
3
BD
2
BA
1,230
SqFt

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Listed by Graeham Watts, 650-308-4727 from Intero Real Estate Services
(If provided) CoList: from

Sold listing courtesy of Lizzeth Flores from IRE

Sold Price
$1,040,000
List Price
$899,000
Closing Date
Oct 16, 2024
MLS#
ML81977462
Status
SOLD
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
1
Partial Bathrooms
1
Sqft. of Residence
1,230
Lot Size
10,500
Listing Area
East Of U.S. 101 East Palo Alto
Year Built
1930

Property Description

This secluded property is a rare find, sitting on a large, expansive lot with higher-density multifamily zoning, offering limitless potential for development. The lot is ideal for developers or investors looking to capitalize on the opportunity to build multiple units, whether multi-family residences or townhomes. The existing home features a spacious living area with hardwood floors and large windows that flood the space with natural light. The kitchen, equipped with a gas stove, leads to flexible adjacent rooms, offering a solid foundation for renovation or redevelopment. The patio doors open to a vast, fenced backyard shaded by mature trees, perfect for landscaping or outdoor gatherings. While the home needs some work, the development possibilities are endless. With easy access to Hwy 101, restaurants, shopping, and major tech companies, this property is strategically positioned for future growth and development. Dont miss the chance to explore the endless opportunities this unique lot presents. Visit and envision the future of this remarkable space.

Additional Information

Acres
0.24
Age
94
Cooling System
Window / Wall Unit
Days On Market
Unknown
Family Room
No Family Room
Fireplace Description
Wood Burning
Foundation
Concrete Perimeter and Slab
Garage Parking
No Garage
Heating System
Wall Furnace
Living Area
1,230
Lot Size
10,500
Neighborhood
East Of U.S. 101 East Palo Alto
Other Utilities
Public Utilities
Roof
Flat / Low Pitch
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R10000

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