Congrats to this #Prop13 effective tax rate winner! Current owner pays $1,209 in property tax PER YEAR. 0.03% effective property tax rate. The next owner will pay $41,000+ in property taxes.

Buyers are going for the lot, not the house. The land north of Embarcadero in Palo Alto is $$$. That chances of this house getting demolished and re-built as a McMansion are 100%.

On board for historical preservation, but only until the upzoning. All the new McMansions bum me out because they won't be re-developed into anything good once they're lost to R1...and they're all I see here.

Some of the new super-expensive SFHs don't even look like McMansions. Have a look at 905waverley.com/ and 909waverley.com/ which are 5BR/5.5bath houses with an additional studio (+1bath) in-law unit on top of the garage.

I was just complaining about the new houses on Waverly. Such a missed opportunity.

Well, you can blame the SOFA coordinated area plan, Phase I, for creating the DHS zoning (Detached Houses on Small Lots).

I do! SOFA CAP is actually what precipitated said rant. Discussion was about certain former councilmembers who constantly brag that SOFA. I think SOFA is a great neighborhood, but the few things getting built there now are insanely low density (also thinking of 190 Channing).

Sure. Just make all of Palo Alto one continuous Hong Kong why don’t youy