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1508 Bay RD East Palo Alto, CA 94303
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Key Details
Sold Price $1,040,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81977462
Sold Date 10/16/24
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1930
Lot Size 10,497 Sqft
Acres 0.241
Property Description
This secluded property is a rare find, sitting on a large, expansive lot with higher-density multifamily zoning, offering limitless potential for development. The lot is ideal for developers or investors looking to capitalize on the opportunity to build multiple units, whether multi-family residences or townhomes. The existing home features a spacious living area with hardwood floors and large windows that flood the space with natural light. The kitchen, equipped with a gas stove, leads to flexible adjacent rooms, offering a solid foundation for renovation or redevelopment. The patio doors open to a vast, fenced backyard shaded by mature trees, perfect for landscaping or outdoor gatherings. While the home needs some work, the development possibilities are endless. With easy access to Hwy 101, restaurants, shopping, and major tech companies, this property is strategically positioned for future growth and development. Dont miss the chance to explore the endless opportunities this unique lot presents. Visit and envision the future of this remarkable space.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R10000
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type Wood Burning
Fireplace Yes
Exterior
View Y/N No
Roof Type Flat
Attached Garage No
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Other
High Schools Carlmont
School District Other
Others
Tax ID 063203370
Financing Cash
Special Listing Condition Standard
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Bought with Lizzeth Flores • Infinite Real Estate