5,000 SF lot ideally located at the corner of Waverley and Homer Avenue across the street from Heritage Park, just blocks from University Avenue and Whole Foods. DHS Zoning District (Detached Houses on Small Lots) - 8-20 units per acre. Currently developed as a 2,086 SF office building with basement and onsite parking. Vacant and available for immediate occupancy or conversion to residential use. The fully remodeled office building features 6 spacious private offices, two bathrooms, a kitchenette and two separate basement storage areas.
Opportunity knocks in the heart of Downtown Palo Alto! This rare 4218 square foot vacant lot is a blank canvas for your dream development. Nestled in one of the most sought-after neighborhoods, this lot offers the perfect setting for a luxury condo development, commercial development, day care center and so much more. Situated just steps away from world-class dining, shopping, and top-rated schools, this lot provides both convenience and prestige. With easy access to major tech hubs and public transportation, its an ideal location for those seeking the vibrant urban lifestyle that Palo Alto is renowned for. Dont miss your chance to own a piece of prime real estate in Silicon Valleys most iconic city. The possibilities are endless with this exceptional lot!
Palo Alto is located in California. Palo Alto, California has a population of 68,624. Palo Alto is more family-centric than the surrounding county with 43.19% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Palo Alto, California is $194,782. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Palo Alto is 41.8 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 17.3 inches per year, with 0 inches of snow per year.