1508 Bay Road

East Palo Alto, CA 94303

$899,000

List Price

3

bed Beds

2

shower Baths

1,230 sqft

straighten / sqft

1930

calendar_month Built

Open Houses

Next available: Saturday, September 28th, 2024 1:00 pm - 4:00 pm

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Property Description

This secluded property is a rare find, sitting on a large, expansive lot with higher-density multifamily zoning, offering limitless potential for development. The lot is ideal for developers or investors looking to capitalize on the opportunity to build multiple units, whether multi-family residences or townhomes. The existing home features a spacious living area with hardwood floors and large windows that flood the space with natural light. The kitchen, equipped with a gas stove, leads to flexible adjacent rooms, offering a solid foundation for renovation or redevelopment. The patio doors open to a vast, fenced backyard shaded by mature trees, perfect for landscaping or outdoor gatherings. While the home needs some work, the development possibilities are endless. With easy access to Hwy 101, restaurants, shopping, and major tech companies, this property is strategically positioned for future growth and development. Dont miss the chance to explore the endless opportunities this unique lot presents. Visit and envision the future of this remarkable space.

Listing Information

List Price $899,000
Status Active
MLS ML81977462
Type Residential
Subtype Single Family Residence
Year Built 1930
Lot Size 10,500
Structure Size 1,230
DOM 37
Courtesy Of Intero Real Estate Services
Listing Agent Graeham Watts DRE#01466876

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Fireplace Information
Features Wood Burning
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Graeham Watts, Intero Real Estate Services . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 26th, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.