Entitled Mixed-Use Development
1804 Bay Rd East Palo Alto, CA 94303
1804 Bay Rd, East Palo Alto, CA, 94303
Contact for pricing
For Sale
Contact for pricing
Pending
Fully entitled under SB 35 for a mixed-use project with residential units and retail space, with options for increased density.
Days on Market103
Property Features for 1804 Bay Rd
General Information
- Standard status
- Pending
- Property subtype
- Land
Listing agency
Compass Commercial
(415) 305-6275
Listed by
Juan De Leon · License #01383120
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 4:44PM Checked: Jul 21 at 4:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Commercial
Investment Insights
Based on property information with market context.
The offering presents the opportunity to acquire a 100% fee simple interest in an entitled mixed-use development site. The property is fully entitled under the State Density Bonus Law, SB 35, for development of a 102,753 gross square foot mixed-use project that includes 75 residential rental units, with the possibility of increasing to 95 units, and approximately 1,900 square feet of retail space. If developed as an affordable housing project, the density is not limited under the SB 35 framework, and up to three additional stories can be constructed.
The site is positioned in the future “heart of Downtown East Palo Alto,” near Facebook and Amazon, within an area described as a center of proposed new development that includes retail, office, life science, and civic/community-oriented space.
The property is currently leased, and the rents are stated to cover carrying costs. The property may be vertically subdivided, as described in the offering materials.
The site is positioned in the future “heart of Downtown East Palo Alto,” near Facebook and Amazon, within an area described as a center of proposed new development that includes retail, office, life science, and civic/community-oriented space.
The property is currently leased, and the rents are stated to cover carrying costs. The property may be vertically subdivided, as described in the offering materials.
Key Highlights
- Fully entitled under California SB 35 (100% fee simple interest) for a mixed‑use development at 1804 Bay Road, East Palo Alto (APN 063‑231‑240).
- Entitled for 75 residential rental units, with the possibility to increase to 95 units.
- Includes approximately 1,900 SF of retail space as part of the entitled mixed‑use project.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully entitled under SB 35 for a mixed-use project with residential units and retail space, with options for increased density.
Where is this apartment building located?
The property is located at 1804 Bay Rd East Palo Alto, CA.
What are key features of this property?
This property features: Fully entitled under California SB 35 (100% fee simple interest) for a mixed‑use development at 1804 Bay Road, East Palo Alto (APN 063‑231‑240).; Entitled for 75 residential rental units, with the possibility to increase to 95 units.; Includes approximately 1,900 SF of retail space as part of the entitled mixed‑use project.
