Rare Development Opportunity in Palo Alto. It could be 5 stories buildings with 10-20 residential units or mixed use with current CA density bonus law. It also has approved entitlement plan from city back in 2022 with 7,015 SF 3 stories: 2,594 SF commercial (two offices), and 4,421 SF residential (two 2b/2b units and one 1b/1b unit). Great location with huge potential!
Property Details
Price:
$2,888,000
MLS #:
ML82000923
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
699notdefined
Listed Date:
Apr 3, 2025
Finished Sq Ft:
7,015
Lot Size:
6,252 sqft / 0.14 acres (approx)
Year Built:
1946
See this Listing
Schools
School District:
Palo Alto Unified
Interior
Cooling
None
Exterior
Parking Features
Off Street
Parking Spots
0.00
Roof
Other
Financial
Map
Community
- Address3585 El Camino Real Palo Alto CA
- Neighborhood699 – Not Defined
- CityPalo Alto
- CountySanta Clara
- Zip Code94306
Subdivisions in Palo Alto
Market Summary
Current real estate data for Single Family in Palo Alto as of Oct 22, 2025
53
Single Family Listed
223
Avg DOM
1,959
Avg $ / SqFt
$6,394,853
Avg List Price
Property Summary
- 3585 El Camino Real Palo Alto CA is a Single Family for sale in Palo Alto, CA, 94306. It is listed for $2,888,000 and features 0 beds, 0 baths, and has approximately 7,015 square feet of living space, and was originally constructed in 1946. The current price per square foot is $412. The average price per square foot for Single Family listings in Palo Alto is $1,959. The average listing price for Single Family in Palo Alto is $6,394,853.
Similar Listings Nearby
Courtesy of YJY Investments. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.3585 El Camino Real
Palo Alto, CA