4143 El Camino, Palo Alto, CA 94306 – 423736076 - Leo Quinones

Listed by Andrew Black Berkshire Hathaway Drysdale Properties

$1,345,000

$1,349,000

0.3%

Est.Price: ?

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Est. payment -/mo

836 SqFt

SOLD DATE : 05/16/2023

Key Details

Sold Price $1,345,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 836 sqft

Price per Sqft $1,608

MLS Listing ID 423736076

Sold Date 05/16/23

HOA Y/N No

Year Built 1940

Lot Size 5,453 Sqft

Acres 0.1252

Property Sub-Type Mixed Use

Property Description

4143 El Camino Way features a 836 square foot existing single family residence in the heart of Palo Alto, CA. Situated on a 5,453 square foot (0.13 acre) lot (per county records), the subject property is a great potential redevelopment site given the neighborhood commercial CN designated zoning. Formerly used for a professional commercial use, the city of Palo Alto would favor a multifamily redevelopment or mixed-use property in order to add more residential units. The property contains two structures, a 2nd garage building at the rear behind the 1-bedroom/1-bath home. Fantastic value-add or redevelopment opportunity in one of the most sought after mid-peninsula location.