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Two adjoining parcels at 3567 and 3585 El Camino Real offered together. Approx. 12,282 SF (0.28 AC) residential development opportunity in south Palo Alto with approx. 120 ft of El Camino Real frontage and rear public alley access. APNs 132-40-061 (6,132 SF) and 132-40-058 (6,150 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.
Listing agent: Yoga Yang DRE #01972308 yoga@yjyinvest.com, Listing office: YJY Investments
MLS data updated 11/1/2026, 4:02:35 PM PT
Source: CRMLS, MLS #: ML82062892
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 28, 2026
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This home · nearest recorded event
$5,999,000Original asking price · Sep 28, 2026ZIP 94306 · Sep 2026
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