542-546 Oxford Street
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542-546 Oxford Street, Palo Alto

  • Sold
  • Outstanding College Terrace Opportunity

    PHOTOS

    FEATURES

    Flexible-use property in the sought-after College Terrace neighborhood.  Walking distance to Stanford University and California Avenue. Existing 5,241-square-foot parcel consists of a two-room store-front office, one-bedroom apartment, plus studio and a detached three-car garage. Zoned RMD (NP) which means two-unit multiple-family residential with neighborhood preservation combining district.

    Permissible uses of the property include single-family home with an ADU, or two townhouses. Based on the 5,241-square-foot lot size, the total allowable floor area is 2,620 square feet, plus 200 square feet for the second unit’s covered parking, or plus 800 square feet for an ADU.  We recommend that all potential buyers check with the City of Palo Alto to verify the above information.

    Offered at: $2,400,000

     

    • Lot size: 5,241 square feet
    • Zoning: RMD (NP)
    • Existing Structures:
      • Detached office: #546: 450 square feet
      • Main building: 1,015 total square feet
        • #544: 650 square feet
        • #542: 365 square feet
      • Detached storage: 735 square feet

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