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$ 2,798,000

Est. payment | -/mo

1 Bed

2 Baths

1,231 SqFt

Save

$ 2,798,000

Est. payment | -/mo

Save

1 Bed

2 Baths

1,231 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 1,231 sqft

Price per Sqft $2,272

Lot Size 5,000 Sqft

MLS Listing ID ML82032957

Style Cottage

Bedrooms 1

Full Baths 2

Property Description

Exceptional opportunity to remodel, develop, or reimagine a versatile property on a 5,000 square foot lot in one of Palo Alto's most sought-after neighborhoods. Located in College Terrace, this offering presents long-term upside for end users, investors, or those planning their next move in a premier setting. The main residence is a 1-bedroom, 1-bath home with a functional layout, abundant natural light, and classic period character. A large attic provides valuable bonus space for storage or flexible use. A detached ADU with its own bathroom has a history of consistently strong rental performance, offering immediate income potential or flexible living options. The private backyard provides space to create an inviting outdoor retreat. Ideally located just one block from Stanford University, steps to Cameron Park, and moments from the shops and dining along California Avenue. A rare opportunity to own a property with both flexibility and upside in an A+ Palo Alto location.

Location

State CA

County Santa Clara

Area College

Zoning R1

Rooms

Family Room Separate Family Room

Other Rooms Attic, Laundry Room, Office Area, Storage

Dining Room Eat in Kitchen

Kitchen Countertop - Quartz, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven Range - Gas, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Concrete, Tile, Wood

1-purchase type For Sale

Exterior

Exterior Feature Back Yard, Deck , Storage Shed / Structure

Garage Off-Street Parking, Uncovered Parking

Fence Partial Fencing, Wood

Utilities Available Natural Gas, Public Utilities, Solar Panels - Owned

View Neighborhood

Roof Type Composition

Building

Lot Description Regular

Story 2

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public, Sewer Connected

Water Public

Story 2

Others

Tax ID 137-02-082

Horse Property No

Special Sale Not Applicable

Listed by Heng Seroff Group of Compass
Bought with Heng Seroff Group of Compass

870 College AVE Palo Alto, CA 94306