122 Rinconada Ave, Palo Alto, CA 94301

$2,750,000
1,346
SqFt
List Price
$2,750,000
MLS#
ML81768240
Status
ACTIVE
Zoning
RM-20
Sqft. of Residence
1,346
Lot Size
7,500
Listing Area
Old Palo Alto

Property Description

Attractive duplex with large front and back yards.Ea.unit has its own private entry. The two units share a 2-car garage. Both units are 1 BR 1 BA. Situated on a +-7,500 square foot parcel in the highly desirable and prestigious 'Old Palo Alto" neighborhood, this property offers a buyer a rare potential redevelopment opportunity in Old Palo Alto. The property is currently zoned RM-20 per the City of PA. This property offers a buyer several options to explore including redevelopment, owner occupying the existing structure or continuing with the property's current use as a rental duplex. The owner of the +-7,500 square foot parcel across the street at 115-123 Rinconada is currently in the process of developing 2 detached condominium homes per the City. Interested parties are encouraged to investigate various possibilities with the City as to what they might allow on the site and Buyers should rely solely on their own investigation. Quality Palo Alto schools. Buyer to verify all SF figures

Additional Information

Acres
0.1722
Age
94
Cooling System
None
Foundation
Concrete Perimeter
Garage Parking
Detached Garage
Heating System
Wall Furnace
Laundry Facilities
Washer / Dryer
Living Area
1,346
Lot Size
7,500
Neighborhood
Old Palo Alto
Other Rooms
Laundry Room, Storage
Other Utilities
Individual Gas Meters
Roof
Bitumen, Composition, Shingle
Sewer
Sewer - Public
Special Features
None
Total Number Of Units
2
Zoning
RM-20

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keith Suddjian from Cornish & Carey Commercial

board logoBased on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Copyright 2019 MLSListings Inc. All rights reserved