CA > Palo Alto
Palo Alto, CA 94301,70 Encina Avenue
Palo Alto, CA 94301,70 Encina Avenue
Palo Alto, CA 94301,70 Encina Avenue
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$8,650,000
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82017280

HOA Y/N No

Lot Size 0.278 Acres

Acres 0.28

Property Sub-Type Unimproved Land

Property Description

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.

Location

State CA

County Santa Clara

Zoning CC

Interior

Fireplace No

Building

Lot Description Level

New Construction No

Schools

School District Palo Alto Unified

Others

Tax ID 12034006

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Bridge MLS
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Listed by Joshua Johnson • Marcus & Millichap

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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