INVESTMENT HIGHLIGHTS 18-key boutique hotel on Palo Alto's established El Camino Real lodging corridor — offered fee simple ±1.5 miles from Stanford University; minutes to Stanford Research Park and Stanford Medicine Renovated guest rooms with tiled baths, walk-in showers, refrigerators, microwaves and flat-panel TVs Single-story, exterior-corridor plan with no food & beverage obligation — low payroll and capital intensity Free on-site surface parking and private landscaped courtyard CS (Service Commercial) zoning permits hotel, motel and visitor accommodation by right Site falls within the El Camino Real Housing Focus Area — residential and mixed-use permitted subject to standards Supply-constrained submarket with effectively no new economy or midscale lodging in the pipeline ±0.8 miles to California Ave. Business District and Caltrain DESCRIPTION Wilbur Properties is pleased to present 3339 El Camino Real, the 18-key Palo Alto Lodge, available for sale as a fee-simple, income-producing hospitality asset with a long-term path to residential redevelopment. The property occupies a highly visible El Camino Real frontage position on Palo Alto's established hotel corridor, roughly 1.5 miles from Stanford University and within minutes of Stanford Research Park, Stanford Medicine and the California Avenue business district. The improvements consist of a single-story, exterior-corridor lodging property containing 18 keys, a private landscaped courtyard and free on-site surface parking. Guest rooms have been renovated and feature tiled baths, walk-in showers, refrigerators, microwaves and flat-panel televisions. Demand is anchored by Stanford academic and medical visitation, Stanford Research Park, and Silicon Valley corporate travel — a mix that supports both weekday and weekend occupancy without reliance on group or convention business. Primary generators include the California Ave. Business District and Caltrain station (±0.8 mi), Stanford Research Park (±1.2 mi), Stanford University (±1.6 mi), Stanford Medicine and Stanford Health Care (±1.9 mi), Downtown Palo Alto (±2.2 mi), the Googleplex in Mountain View (±5.0 mi) and Meta's Menlo Park headquarters (±5.5 mi). SJC is approximately 12 miles from the site and SFO approximately 19 miles. The offering presents multiple exit paths. A buyer may continue operating the asset as-is, reposition and rebrand to capture rate against a thin independent field, or hold the site for redevelopment. The property is zoned CS (Service Commercial) under the Palo Alto Municipal Code, which permits hotels, motels and visitor accommodation as well as retail, personal service and eating and drinking establishments by right; automotive, repair and heavy service commercial uses require a conditional use permit. Because the site carries El Camino Real frontage, it falls within the City's El Camino Real Housing Focus Area, where exclusively residential and mixed-use development is permitted subject to standards — preserving a defined residential path for patient capital while the asset continues to generate income. Prospective purchasers should independently confirm current development standards, density and height limits with the City of Palo Alto. Submarket demographics reflect the strength of the trade area: City of Palo Alto population of 67,658, median household income of $231,101, 82% of adults holding a bachelor's degree or higher, and a median home value above $2,000,000. The City of Palo Alto transient occupancy tax rate is 15.5%. Source: U.S. Census Bureau American Community Survey and City of Palo Alto. Operating statements and property-level performance data will be released to qualified purchasers upon execution of a confidentiality agreement. Tours by appointment only — do not disturb guests or on-site staff. All information herein is from sources deemed reliable but is not warranted by Wilbur Properties or its listing associates. Prospective purchasers are responsible for independent inspections, legal review, environmental verification, licensing confirmation and zoning validation. Price, property condition and availability are subject to change without notice.