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3585 El Camino Real , Palo Alto, CA 94306
$5,999,000
Est. Payment: $31,127.52/mo
0.28 Acres
Status: active | Days on site: 40
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ML6043240 - ML5104188
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Chris Heller
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House Description

Two adjoining parcels at 3567 and 3585 El Camino Real offered together. Approx. 12,282 SF (0.28 AC) development site in south Palo Alto with approx. 120 ft of El Camino Real frontage and rear public alley access. APNs 132-40-058 (6,150 SF) and 132-40-061 (6,132 SF). 3567 El Camino Real is currently improved with an approx. 4,800 SF two-story commercial building (built 1959, per county records); lot sizes per City of Palo Alto parcel reports, buyer to verify. Zoned CN (Neighborhood Commercial). Flexible for for-sale condos/townhomes, rental apartments, mixed-use or live-work. A preliminary Hayes Group Architects feasibility study tested a 4-story, 16-unit for-sale residential concept over partially excavated parking. A qualifying project may be able to use the State Density Bonus Law and SB 330. Close to Stanford Research Park, California Ave, Caltrain and Stanford University. Fee-simple land sale, as-is. Offering Memorandum and feasibility study available upon request.
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Highlights

Listed by Yoga Yang , 408-218-2313 YJY Investments , 510-754-0555. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.28

County

Santa Clara

Area

699 - Not Defined

 School District

Palo Alto Unified

Listing ID

ML82062890

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:CN
Principal Interest
$31,128
Taxes
$3,824

Home Price

$5,999,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$1,199,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$31,127.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $31,127.52 $3,824.36 $0.00 $34,951.88
Yearly $373,530.24 $45,892.35 $0.00 $419,422.59
Total $11,205,907.15 $1,376,770.50 $0.00 $12,582,677.65

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Palo Alto, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T03:31:47.000Z

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