2340 Cooley Avenue, East Palo Alto, CA 94303-1635, USA

Property CA
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1

Property Overview:

2340 Cooley Ave is a rare, fully entitled, shovel-ready development opportunity in East Palo Alto, CA (ZIP 94303). The property currently features a single-family home with 2 bedrooms, 1 bathroom, and 1,070 sq. ft. of living space on a large, flat 0.26-acre lot (approx. 11,000+ sq. ft.). Built in 1926, this is an AS-IS sale and a fixer-upper—ideal for developers, contractors, or as a starter home. Court confirmation required; available by overbid with a minimum price of $385,000.

Development Highlights:

  • Entitlements:

    • Approved plans for 8 architecturally striking townhome condominiums.
    • Goring & Straja Architects designed the project for modern urban buyers.
    • Partnership with seller possible.

  • Proposed Homes:

    • Each home: 3 bedrooms, 3 bathrooms, multi-level, approx. 1,341 sq. ft..
    • 2 outdoor spaces per unit.
    • Attached garage for each home.
    • Open-concept great room with indoor/outdoor entertaining via terrace.
    • Ground-level bedroom with en-suite full bath.
    • Spacious primary suite and generously sized bedrooms on the top floor.
    • Green spaces and earthy, high-quality materials throughout.

Location Benefits:

  • A+++ Location:
    • Just off University Avenue.
    • Minutes to Meta Headquarters, other tech giants, Bay Trails, and the best of Palo Alto.
  • Urban enclave with green spaces.
  • Easy access to major employers and amenities.

Investment Opportunity:

  • Shovel-ready: Start building immediately.
  • Flexible options: Ideal for developers or investors; partnership with seller may be available.
  • Neighborhood revitalization: Project will be a new beginning for a storied neighborhood and part of the city’s pathway to progress.

Additional Details:

  • Zoning: R-MD-2 (Residential Medium Density).
  • Current home: Likely non-financible due to condition.
  • Special bid form required; overbid deadline: August 18.
2

Price and Status History

date type price
2014-09-29 Sold 490500
2023-08-23 For Sale 2498888
2023-09-17 For Sale 2248888
2023-09-22 For Sale 1973888
2023-10-25 For Sale 1898888
2024-02-05 For Sale 1898888
2024-04-11 For Sale 1898888
2025-02-06 Off Market NaN
2025-04-11 For Sale NaN
3

Superfund Enterprise Management System

SITE NAME ADDRESS FEDERAL FACILITY NPL STATUS NON-NPL STATUS CONTAMINANTS SEMS EPA ID DISTANCE (MILES)
CALMAC CHEMICAL END OF, Weeks Street, East Palo Alto, CA 94303, USA N N NF 0 CAD982358731 0.14
ELECTRITE CO INC 1805 Bay Road, East Palo Alto, CA 94303-1312, USA N N NF 0 CAD009119959 0.32
RHONE-POULENC, INC./ZOECON CORP. 1990 Bay Road, East Palo Alto, CA 94303-1313, USA N R 11 CAT000611350 0.57
ROMIC CHEM CORP 2081 Bay Road, East Palo Alto, CA 94303-1316, USA N N NF 0 CAD009452657 0.72

Toxic Release Inventory

FACILITY NAME ADDRESS TOTAL FORMS LAST FORM YEAR RISK SCREENING FACILITY ID DISTANCE (MILES)
ASM 2536 Pulgas Avenue, East Palo Alto, CA 94303-1323, USA 1 1987 N/A 94303SMXXX2536P 0.56
CSBIO 1140 O’Brien Drive STE A - STE A, Menlo Park, CA 94025-1411, USA 2 2018 Yes 9402WCSBCX114BR 0.56
CSBIO 20 Kelly Court, Menlo Park, CA 94025-1418, USA 25 2023 Yes 9402WCSBCX2KELL 0.71
SANFORD METAL PROCESSING CO 990 O’Brien Drive, Menlo Park, CA 94025-1407, USA 1 1987 N/A 94025SNFRD990OB 0.78
RAYCHEM CORP 980 Hamilton Avenue, Menlo Park, CA 94025-1430, USA 1 1989 N/A 94025RYCHM980HA 0.79
CHEMETAL 970 Hamilton Court, Menlo Park, CA 94025, USA 1 1990 N/A 94025CHMTL970HA 0.79

Integrated Compliance Information System - Air

No data found within 1.0 miles for this property.

4

Flood Risk Info

fld_zone very high impact: up to 0.0001 miles high impact: up to 0.2 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.5 miles
A 0 0 0 12
AE 0 0 1 10
AH 0 0 0 1
AO 0 0 0 0
VE 0 0 0 1

Flood Zone Type

code meaning
A 1% annual chance flood zone determined using approximate methods. No BFEs shown. Flood insurance and management standards apply.
AE 1% annual chance flood zone determined by detailed methods. BFEs shown. Insurance and floodplain management required.
AH Shallow flooding (ponding) zones with depths between 1-3 feet. BFEs shown. Insurance and management required.
AO Shallow flooding (sheet flow) zones with depths 1-3 feet. BFEs or average depths shown. High-velocity areas may exist.
VE Coastal 1% annual chance flood zone with wave action. BFEs shown. Insurance and management required.

Earthquake Risk Info

zone_name quad_name very high impact: up to 0.0001 miles high impact: up to 2.0 miles moderate impact: up to 10.0 miles
San Andreas - Peninsula Mindego Hill 0 0 1
San Andreas - Peninsula Palo Alto 0 0 2
San Andreas - Peninsula Woodside 0 0 1

Landslide Risk Info

lscat very high impact: up to 0.0001 miles high impact: up to 0.04 miles moderate impact: up to 0.1 miles low-moderate impact: up to 0.2 miles
8 0 0 0 0

Liquefaction Risk Info

Suscept very high impact: up to 0.0001 miles high impact: up to 0.05 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.0 miles
High 0 0 0 0
Very high 1 0 0 3

Wild fire Risk Info

haz_class very high impact: up to 0.0001 miles high impact: up to 0.5 miles moderate impact: up to 1.5 miles low-moderate impact: up to 3.0 miles
High 0 0 0 0
Very High 0 0 0 0
5

Traffic Noise by Hour x Weekday

hour_of_day Monday Tuesday Wednesday Thursday Friday Saturday Sunday
0 NaN NaN 53 NaN NaN NaN NaN
1 44 NaN NaN NaN NaN NaN NaN
2 NaN NaN NaN NaN NaN NaN NaN
3 45 NaN NaN NaN 45 43 NaN
4 NaN NaN NaN NaN NaN NaN NaN
5 44 NaN NaN NaN NaN NaN NaN
6 44 48 NaN 44 44 NaN 39
7 NaN NaN NaN NaN NaN NaN 40
8 NaN 46 NaN NaN 42 NaN NaN
9 NaN 43 41 NaN NaN NaN NaN
10 46 NaN 46 45 NaN NaN 45
11 NaN NaN NaN NaN NaN NaN NaN
12 NaN NaN NaN NaN NaN NaN 45
13 NaN 45 47 NaN 42 NaN NaN
14 NaN NaN NaN NaN 51 NaN 44
15 NaN 49 NaN NaN NaN NaN NaN
16 NaN 53 NaN NaN 47 NaN NaN
17 NaN NaN NaN NaN NaN 44 NaN
18 NaN NaN NaN NaN NaN NaN NaN
19 43 43 NaN 44 NaN NaN NaN
20 NaN NaN NaN NaN NaN NaN 45
21 46 NaN NaN 44 NaN NaN 46
22 51 51 49 NaN NaN NaN NaN
23 NaN NaN NaN NaN 44 NaN NaN
6

Airplane Noise by Hour x Weekday

hour_of_day Monday Tuesday Wednesday Thursday Friday Saturday Sunday
0 1 1 1 2 1 1 1
1 1 1 1 1 1 2 1
2 1 2 1 2 2 1 1
3 1 1 1 1 1 1 1
4 1 1 1 1 1 4 1
5 1 1 1 1 1 1 1
6 3 2 2 2 3 2 2
7 3 2 2 2 3 3 3
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11 11 13 13 13 16 16 12
12 7 9 11 10 11 8 9
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14 6 12 9 8 10 9 8
15 9 8 8 9 9 10 10
16 7 9 9 10 9 6 11
17 7 7 8 8 8 7 7
18 6 7 7 8 6 5 5
19 5 6 8 5 5 3 4
20 4 3 4 3 3 3 3
21 3 3 3 3 2 2 4
22 2 2 2 1 1 3 1
23 2 2 1 1 1 1 1