Home / TECH / Silicon Valley’s housing disaster is so apocalyptic that this 897-square-foot Palo Alto residence is compelling for $2.59 million — have a demeanour inside

Silicon Valley’s housing disaster is so apocalyptic that this 897-square-foot Palo Alto residence is compelling for $2.59 million — have a demeanour inside

silicon hollow housing marketplace california 1
Matthew Anello for Alain Pinel Realtors

A small-yet-charming 897-square-foot chateau in Palo Alto, CA could presumably be yours for a cold $2.59 million.

The 2-bedroom, one toilet residence, during 128 Middlefield Road, is one some-more downsized headquarters compelling for tens of millions in Silicon Valley’s overheated tangible skill market. With a famed Googleplex a small 15 mins away, and a hubs of opposite tech giants additionally tighten by, a chateau and others cite it are in extreme demand.

The final time this chateau bought was in 2008 for $899,000, in response to Redfin. Now with an seeking value of $2,589,000, a chateau is really labelled underneath a common for a upscale capital of Palo Alto — form of. That cost sheet comes out to $2,886 per sq. foot, that is $1,430 above a common for a realm.

Check out what $2.59 million will get for a house’s destiny chateau owners.

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