Palo Alto, CA 94301
$6,300,000
Bed
0
Bath
0
Living Space
N/A SqFt
Year Built
N/A
Lot Size
7,200 SqFt
Days
89
340 Palo Alto Avenue consists of a charming single-story 2 bed 1 bath home on a +/- 0.2 acre lot with rare development potential in prime North Downtown Palo Alto. Ownership has filed an SB79 application to develop a 3-story, 6-luxry condo project. The +/- 1,500-1,550 sq. ft. 3 bedroom 3.5 bath premium condos will feature large terraces overlooking the tree-lined San Francisquito Creek. The property will feature a lobby entry with an elevator, two stairwells, privatized storage for each unit, at-grade parking, an interior trash/recycling room, all-electric service, and an attractive exterior façade consisting of painted brick and wood elements, a nod to its contemporary and greenbelt surroundings. Additionally, an option may exist to add a 7th penthouse suite unit which would be a larger +/- 1,800 sq. ft. residence on its own floor, with spectacular views. The property feeds to the #1 ranked school district in California; Addition Elementary, Greene Middle and Palo Alto High schools. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.
Listing provided courtesy ofJoel Hopman License 01934574 Newmark Cornish & Carey
Data provided by MLSListings Inc.
- Addison Elementary (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified
Within a 1-2 mile radius of 340 Palo Alto Avenue, several parks are available. These include Rinconada Park, Bowling Green Park, and El Palo Alto Park, which is home to the historic "Tall Tree" that gave Palo Alto its name. Hopkins Creekside Park, a 12.4-acre strip bordering San Francisquito Creek, also offers open grassy areas with benches and tables.
The property at 340 Palo Alto Avenue is located in the Downtown North neighborhood of Palo Alto. This area is known for its amenity-rich location, offering convenient access to the retail and dining options on University Avenue, as well as the Stanford Shopping Center. Palo Alto itself is recognized as a global leader in technology, hosting headquarters for major tech companies and being the birthplace of many others. The city boasts a diverse and innovative business community with sophisticated, well-educated residents.
This location has a Walk Score of 58 out of 100 and a Transit Score of 30 out of 100, indicating it is somewhat walkable with some public transportation options. Nearby transit includes various Caltrain rail lines, such as Local Weekend, Local Weekday, and Limited, all within 0.9 miles. Bus lines serving the area include the 21 Stanford Shopping Ctr - Santa Clara TC, which is 0.0 miles away.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Addison Elementary (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified
Within a 1-2 mile radius of 340 Palo Alto Avenue, several parks are available. These include Rinconada Park, Bowling Green Park, and El Palo Alto Park, which is home to the historic "Tall Tree" that gave Palo Alto its name. Hopkins Creekside Park, a 12.4-acre strip bordering San Francisquito Creek, also offers open grassy areas with benches and tables.
The property at 340 Palo Alto Avenue is located in the Downtown North neighborhood of Palo Alto. This area is known for its amenity-rich location, offering convenient access to the retail and dining options on University Avenue, as well as the Stanford Shopping Center. Palo Alto itself is recognized as a global leader in technology, hosting headquarters for major tech companies and being the birthplace of many others. The city boasts a diverse and innovative business community with sophisticated, well-educated residents.
This location has a Walk Score of 58 out of 100 and a Transit Score of 30 out of 100, indicating it is somewhat walkable with some public transportation options. Nearby transit includes various Caltrain rail lines, such as Local Weekend, Local Weekday, and Limited, all within 0.9 miles. Bus lines serving the area include the 21 Stanford Shopping Ctr - Santa Clara TC, which is 0.0 miles away.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
