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Investment Highlights

  • Architecturally Striking Town Home Condominiums
  • Be a part of the city's pathway to progress
  • A+ Location off University Avenue
  • Call Malin Kansal for more information

Executive Summary

Rare Fully Entitled Shovel Ready Development Opportunity to Create 8 Architecturally Striking Town Home Condominiums on a Flat Lot. Goring & Straja Architects envisioned project with exteriors and interiors speaking to the needs of today's urban buyers. A++ Location off University Avenue minutes to Meta Headquarters | other Tech Giants, Bay Trails and the best that Palo Alto has to offer. Each 3-bedroom 3-bathroom multi-level home with 2 outdoor spaces will be approximately 1341 Square Foot with an attached garage within an urban enclave featuring green spaces and chosen materials displaying the best of earthy design. Other design hallmarks include a generous grand primary suite, spacious ground floor patio off lower-level bedroom and indoor | outdoor entertaining opportunities via terrace of the open concept great room. Once developed these homes will be a new beginning for a storied neighborhood. The well thought out floor plans include a ground level bedroom w/ensuite full bath, middle floor entertaining areas, and 2 top floors generously size bedrooms. Be a part of the city's pathway to progress.

Property Facts

Price $2,602,977 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 0.26 AC
No. Stories 1
Zoning Residential - Approved for 8 Townhome Condominiums.

1 Lot Available

Lot

Price $2,602,977 CAD
Price Per AC $10,011,448.81 CAD
Lot Size 0.26 AC

Flat, Level, Rectangle Lot. Call Malin Kansal for more information

Description

Rare Fully Entitled Shovel Ready Development Opportunity to Create 8 Architecturally Striking Town Home Condominiums on a Flat Lot. Goring & Straja Architects envisioned project with exteriors and interiors speaking to the needs of today's urban buyers. A++ Location off University Avenue minutes to Meta Headquarters | other Tech Giants, Bay Trails and the best that Palo Alto has to offer. Each 3-bedroom 3-bathroom multi level home with 2 outdoor spaces will be approximately 1341 Square Foot with an attached garage within an urban enclave featuring green spaces and chosen materials displaying the best of earthy design. Other design hallmarks include a generous grand primary suite, spacious ground floor patio off lower-level bedroom and indoor | outdoor entertaining opportunities via terrace of the open concept great room. Once developed these homes will be a new beginning for a storied neighborhood. The well thought out floor plans include a ground level bedroom w/ensuite full bath, middle floor entertaining areas, and 2 top floor generously size bedrooms. Be a part of the city's pathway to progress.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
063-253-410
Land Assessment
$753,172 CAD
Improvements Assessment
$56,091 CAD
Total Assessment
$809,263 CAD
  • Listing ID: 29603027

  • Date on Market: 2023-09-22

  • Last Updated:

  • Address: 2340 Cooley Ave, East Palo Alto, CA 94303

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