0.4 Acres in East Palo Alto, CA - $1,495,000

Developer or contractor's dream! Current home is not for rehab and is a recommended tear down! The lot could potentially be subdivided to build up to 3 new homes and ADU, or condominiums, on this large parcel! City planner states the potential of homes and ADU can be built on 5,000 SQ. FT. lots. This property has water, sewer, & utilities in place. Current property owner owns the next door property as well. Located several blocks off University Ave, near IKEA, Stanford, Facebook & other tech companies. Boundary Survey, Topography, & additional information are located on Disclosures I/O. * Please check with East Palo Alto Planning Department for development considerations.