405 Kipling Street

Palo Alto, CA 94301

PRICE REDUCED

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-$505,000 (-11.22%)

$3,995,000

List Price

N/A

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straighten / sqft

1900

calendar_month Built

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.

Listing Information

List Price $3,995,000
Status Active
MLS ML81988311
HOA $0
Type Commercial
Year Built 1900
Lot Size 5,936
Structure Size N/A
DOM 27
Courtesy Of Marcus & Millichap
Listing Agent Robert Johnston DRE#01853816
Co-Listing Agent Cole Simpson DRE#02016525

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Robert Johnston, Cole Simpson, Marcus & Millichap 650-391-1744. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 8th, 2025 at 5:52 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.