Active
405 Kipling Street
Palo Alto CA, 94301
$3,995,000
$1,819.22 per sqft
Active
2,196 sqft
Commercial
Built in 1900
Listed by Robert Johnston with Marcus & Millichap 650-391-1744
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.
ML81988311
MLSⓇ ID
December 11, 2024
Listed
January 22, 2025
Updated
Map
405 Kipling Street
Palo Alto CA, 94301
Interior Features
Fireplace
No
Cooling
Yes
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.14 Acres
Roof
Shingle
School Information
School District
Palo Alto Unified
Other Property Details
Area Name
699 - Not Defined
Taxes
$57,198
Tax Frequency
Annually
Days on Market
41
Garage
No
Parking Total
8
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
CDC
Listing History
Date | Event | Price |
|---|---|---|
1/8/2025 | Price change | $3,995,000 -12% |
Open House Schedule
Fri, Jan 24th
10:30 AM - 11:00 AM PST
Listing Contact: (650) 391-1700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 1/22/2025 at 1:17 AM UTC