Palo Alto, CA 94301
$6,300,000
Beds
2
Bath
1
Living Space
1,120 SqFt
Year Built
1910
Lot Size
7,200 SqFt
Days
40
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.
- Addition Elementary School (Elementary) - GreatSchools rating 8/10 - Greene Middle School (Middle) - GreatSchools rating 8/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Rinconada Park, located at 777 Embarcadero Road, is a 19-acre park featuring a swimming pool, community center, zoo, and walking trails. Cornelis Bol Park offers walking and biking trails, a playground, and a large grassy area. Greer Park, a 21.4-acre park, provides walking and running trails, sports facilities, and a playground.
The property is located in the North Downtown Palo Alto neighborhood, described as a unique and friendly area with good proximity to downtown amenities. This area is known for its convenient access to retail and restaurant options along University Avenue and the Stanford Shopping Center. The community is characterized by its tree-lined streets and proximity to San Francisquito Creek.
This location has a Walk Score of 77 out of 100, indicating it is "Very Walkable," meaning most errands can be accomplished on foot. Transit options include bus lines such as the 22 Palo Alto TC - Eastridge and Express 104 Milpitas BART - Stanford Research Park, as well as Caltrain rail lines.
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.
- Addition Elementary School (Elementary) - GreatSchools rating 8/10 - Greene Middle School (Middle) - GreatSchools rating 8/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Rinconada Park, located at 777 Embarcadero Road, is a 19-acre park featuring a swimming pool, community center, zoo, and walking trails. Cornelis Bol Park offers walking and biking trails, a playground, and a large grassy area. Greer Park, a 21.4-acre park, provides walking and running trails, sports facilities, and a playground.
The property is located in the North Downtown Palo Alto neighborhood, described as a unique and friendly area with good proximity to downtown amenities. This area is known for its convenient access to retail and restaurant options along University Avenue and the Stanford Shopping Center. The community is characterized by its tree-lined streets and proximity to San Francisquito Creek.
This location has a Walk Score of 77 out of 100, indicating it is "Very Walkable," meaning most errands can be accomplished on foot. Transit options include bus lines such as the 22 Palo Alto TC - Eastridge and Express 104 Milpitas BART - Stanford Research Park, as well as Caltrain rail lines.
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.
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