10
See all 10 photos
$3,995,000
Est. payment /mo
1 BD
1 BA
2,196 SqFt
Price Dropped by $505K
405 Kipling ST Palo Alto, CA 94301
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UPDATED:
01/25/2025 07:20 AM
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,196 sqft
Price per Sqft $1,819
MLS Listing ID ML81988311
Bedrooms 1
Full Baths 1
Originating Board MLSListings, Inc.
Year Built 1900
Lot Size 5,936 Sqft
Property Sub-Type Five or More Units
Property Description
405 Kipling St is an exceptional 6-unit investment opportunity located in the thriving city of Palo Alto, California. Situated on a 5,936 square foot parcel of land, the subject property was originally constructed in 1900 and has a gross building area of approximately 2,196 square feet, offering its tenants beautifully designed one-bedroom and studio floor plans. 405 Kipling St is well-positioned in one of the Bay Areas most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of Top 100 Best Places to Live in America. The subject property offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within walking distance to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others.
Location
State CA
County Santa Clara
Area Downtown Palo Alto
Zoning CDC
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Exterior
Parking Features Uncovered Parking
Garage Spaces 8.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Tax ID 120-15-010
Special Listing Condition Not Applicable
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Listed by Robert Johnston • Marcus & Millichap