Discover an extraordinary opportunity in Palo Alto's vibrant midtown: a sprawling 21k sq ft property, one of the area's largest and most desirable lots. This unique offering includes 4 charming cottages: three 2-bed, 1-bath, and one 1-bed, 1-bath homes, complete with 5 garages, blending cozy living with vast development potential. Just got voted and approved for subdivision into two 10k sq ft lots, the site is ripe for the creation of two luxurious single-family homes, potentially spanning5, 000sq ft each. The flexibility extends to the option of constructing two4, 000sq ft main residences plus two expansive1, 200sq ft ADUs, potentially leveraging the latestAB 1033bill allowing ADUs to be sold as separate condos. This opens the door to transforming the property…
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The average household income in
Palo Alto, CA
grew
from
$137,043
to
$147,537
in the past year. This data is an estimate based upon
26,238
households in
Palo Alto, CA. The chart below presents how household income is distributed in
Palo Alto, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Palo Alto, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Palo Alto, CA
equals
$3k+
, which is
more
than the national average.