1893 Woodland Avenue East Palo Alto, CA $ 6,399,000
1893 Woodland Avenue
$ 6,399,000
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1893 Woodland Avenue

East Palo Alto, CA, 94303
$ 6,399,000
Baths0.0

Monthly Estimate*

$ 44,699

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Studio

Lots and Land for sale in East Palo Alto, CA

for $6,399,000. The lot size is 1.12599.

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.

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Lots and Land Active

Price

$ 6,399,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

1.12599

Town/City

East Palo Alto

County/Region

San Mateo

MLS | Web ID

ML81959779

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected
Zoning R-MD
Property SubType Unimproved Land
County San Mateo
Property Type Land
HOA / Comm Assn Y
Status Active
Directions From US-101 N Exit on Embarcad
City East Palo Alto
High School District Sequoia Union High
MLS Area Listing
Lot Size Square Feet 49048
Street Name Woodland Avenue
Standard Status Active
Elementary School District Ravenswood City Elementary
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 1.13
Lot Size Acres 1.13
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* Excluded Features
List By
Jenny Huang

Listing Agent

Coldwell Banker Realty

Broker

jhuang1628@yahoo.com

Email

Affordability Calculator

$44,699
Per Month
100%
0%
0%
Monthly Principal & Interest
$44,699
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3924365 Elementary School
3924367 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$6,399,000 Listed Price

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1893 Woodland Avenue, East Palo Alto, CA, 94303 is a Lots and Land for sale at $6,399,000 with a lot size of 1.12599. 1893 Woodland Avenue is a studio with 0.0 baths. The property's zip code is 94303 which is in East Palo Alto, CA