tomo logo

$3,500,000

Beds
2
Baths
2.0
sq ft
1,720

1771 University Ave, Palo Alto, CA 94301

1771 University Ave

Palo Alto, CA 94301

  • 50 days on market
Welcome to 1771 University Avenue, Palo Alto - a prime opportunity I one of the Bay Area's most desirable locations. This single family home is ideally situated close to Stanford University, the bustling business area of University Avenue, and the Amazon SJC18 office. Surrounded by top-rated schools, this property is ready for your vision. With an active remodel permit in place, plus revised plan to expand from two bedrooms to three, the potential for this property is immense. The interior has been demolished, offering a bland canvas for your dream home. This is your chance to create a custom residence in a coveted neighborhood. Don't miss out on this exceptional investment!

Details

Property type

Single Family Residence

Est. home value

$3,698,325

Lot size

8,925 sq ft

Price per sq ft

$2,035

Year built

1952

Price History

05/17/2024
MLSL

MLSL #ML81966263

Listed
$3,500,000
+27.27%
06/03/2016
BridgeMLS

BridgeMLS #ML81586274

Sold
$2,750,000

Schools & Community

Neighborhood: 

Crescent Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palo Alto Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Natl Tr & Svgs Assn

Loan start date

June 1996

Original loan amount

$375,000

Est. remaining balance

Not provided

Interest rate

7.75%

Loan type

Not Provided, 30 year

Seller

Susan E Lubais

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/06/2024 at 11:50 AM

Listing updated: 06/14/2024 at 2:04 PM

Listed by: Suzhen Lin, Sunrise Investment International Phone #: (858) 790-1188

MLS: MLSL #ML81966263

MLSL logo

Recently listed in Palo Alto

$2,650,000|3 bd|2.0 ba|House
$4,238,000|4 bd|3.0 ba|House
$7,000,000|4 bd|3.5 ba|House
$17,480,000|6 bd|5.0 ba|House
$7,288,000|5 bd|4.0 ba|House
$6,998,000|5 bd|3.0 ba|House
$2,999,888|4 bd|2.0 ba|House
$4,950,000|4 bd|3.0 ba|House

Explore top cities in California