Palo Alto, California, Santa Clara County, 94306

Featured development opportunity on one of the best streets in College Terrace. Develop a new home on an R-1 lot that is 84.5 ft wide by 125 ft deep (buyer to verify) for a total of approximately 10,500 square feet. The property includes three identical cottages, each with two bedrooms, one bathroom, and private yard space. Also on the property, a three-car garage provides designated, covered parking for each unit. Whether you are looking to build your dream home, or interested in owning a lucrative rental property (currently renting for a total of $10,600/month), this is an incredible opportunity to invest in a highly sought-after neighborhood, steps to California Avenue shops and restaurants and Stanford University.

Listing Courtesy of David Troyer , Intero Real Estate Services