Prime Development Opportunity! Attention builders and developers! Don't miss this rare chance to create a brand-new residential community in one of the most desirable and strategically located areas on the Peninsula. This exceptional site offers close proximity to world-class employers including Stanford University, Stanford Hospital, Meta HQ, Amazon EPA, and the vibrant downtown Palo Alto. Also enjoy quick access to Google, LinkedIn, and other major tech campuses. Conveniently located just off University Avenue on the west side of Highway 101, this property borders Palo Alto and is within the sought-after Menlo-Atherton High School district. A recent conceptual yield study shows the potential to develop 33 unit townhomes or 44 unit apartment (buyer to verify with city). Previously operated as a mobile home park, the site once had full utility hookups, which were removed after the park was officially closed--creating a potential opportunity for utility credits through the City of East Palo Alto. This flat, well-positioned parcel is ready for transformation. Act now to capitalize on this rare development opportunity in the heart of Silicon Valley.
The income description goes here to explain
| List Price | $6,399,000 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 063501010 |
| MLS # | ML82010330 |
| Property ID | 320529227 |
| Lot Sqft | 49,049 |
| Zoning | R-MD-1 |
| Days on Market | 254 |
| Original List Price | $6,399,000 |
| Date Updated | December 18, 2025 |
| Date Created | June 09, 2025 |
Jenny Huang an agent of . Lic #01362454
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 18, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT