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 & prestigious 'Old Palo Alto" neighborhood, this property offers a buyer a rare potential redevelopment opportunity. Currently zoned RM-20 per the City of PA. Buyer can explore several options including redevelopment, owner occupying the existing structure, combining the 2 units into a 3BR 2BA home 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 to investigate various possibilities as to what might be allowed on the site & Buyer should rely solely on their own investigation. Seller & Agents are making NO representations as to what the City might allow. Quality Palo Alto schools
Listing courtesy of Keith Suddjian from Cornish & Carey Commercial
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