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Thursday, November 05, 2015

Silicon Valley Real Estate Madness: 180 Square Foot Shack for $2 Million

http://blog.sfgate.com/ontheblock/2015/11/05/2m-for-180-square-foot-home-in-palo-alto-exemplifies-insanity-of-peninsula-real-estate/

 Yes, you read correctly. 829 La Para Ave. in Palo Alto is a 180 square foot abode, with one bed and one bath, built in 1930, currently listed for $1,998,000. To be fair, the lot presents the real value here. The tiny shack (its insides totally ignored in this official RMLS listing on Estately) perches on a prime 6,886 square foot lot, in Barron Park, which means easy access to Bol Park, bike paths, and close to Stanford University and tech offices.


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