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
87
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 School (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle School (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 340 Palo Alto Avenue, several parks are available. These include El Palo Alto Park, known for being home to the Coast Redwood that gave Palo Alto its name and featuring a pedestrian/bike pathway. Hopkins Creekside Park is a strip of land bordering San Francisquito Creek with open grassy areas and benches. Additionally, Rinconada Park, Bowling Green Park, and Boulware Park are also in the vicinity.
The neighborhood surrounding 340 Palo Alto Avenue is Downtown North. This area is characterized by its proximity to University Avenue, which offers a variety of retail and dining options. The community is also influenced by Stanford University, contributing to a vibrant and sophisticated atmosphere. Palo Alto is recognized as a leader in technology and innovation, with a diverse and well-educated population.
This location has a Walk Score of 58 out of 100 and a Transit Score of 30 out of 100. Some errands can be accomplished on foot. Nearby transit options include bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC, and various Caltrain rail lines including Local Weekend, Local Weekday, and Limited services accessible within approximately 0.9 miles.
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 School (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle School (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 340 Palo Alto Avenue, several parks are available. These include El Palo Alto Park, known for being home to the Coast Redwood that gave Palo Alto its name and featuring a pedestrian/bike pathway. Hopkins Creekside Park is a strip of land bordering San Francisquito Creek with open grassy areas and benches. Additionally, Rinconada Park, Bowling Green Park, and Boulware Park are also in the vicinity.
The neighborhood surrounding 340 Palo Alto Avenue is Downtown North. This area is characterized by its proximity to University Avenue, which offers a variety of retail and dining options. The community is also influenced by Stanford University, contributing to a vibrant and sophisticated atmosphere. Palo Alto is recognized as a leader in technology and innovation, with a diverse and well-educated population.
This location has a Walk Score of 58 out of 100 and a Transit Score of 30 out of 100. Some errands can be accomplished on foot. Nearby transit options include bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC, and various Caltrain rail lines including Local Weekend, Local Weekday, and Limited services accessible within approximately 0.9 miles.
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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