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1893 Woodland Ave

1.07 Acres of Residential Land Offered at $6,399,000 in East Palo Alto, CA 94303

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Investment Highlights

Situated close to major employers such as Stanford, Meta Headquarters, Amazon EPA offices, Google, Intuit, Linkedin, and Palo Alto Downtown.
Developers may have the opportunity to receive credits for utility connections and housing fees from the city of East Palo Alto.

The Conceptual Yield Study indicates a potential for 33-34 townhouse units or 44 apartment units.

Executive Summary

Attention Developers! This is an excellent and rare opportunity to establish a new subdivision in a prime location! Situated close to major employers such as Stanford University, Stanford Hospital, Meta Headquarters, Amazon EPA offices, and Palo Alto downtown, with easy access to Google, LinkedIn, and more. The property is located on the west side of Freeway 101, just off University Ave., and borders Palo Alto. The Conceptual Yield Study indicates a potential for 33-34 townhouse units or 44 apartment units. Originally a mobile home park, all utilities were connected to the property but were subsequently removed upon the closure of the park. The mobile home park has since been officially closed. Developers may have the opportunity to receive credits for utility connections and housing fees from the city of East Palo Alto. In addition, the subject property is assigned to Menlo-Atherton High School. It is primed and ready for redevelopment.

1893 Woodland Ave, East Palo Alto_ Marketing Packet

Property Facts

Price	$6,399,000	Property Subtype	Residential
Sale Type	Investment or Owner User	Total Lot Size	1.07 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$6,399,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	1.07 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.