405 Kipling Street
Palo Alto, CA 94301
0.14 acres | #ML81988311
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.
Property Details
- School DistrictPalo Alto Unified
- Property SubtypeCommercialSale
- CountySanta Clara
- Original List Price$4,500,000
- MLS #ML81988311
- MLS #ML81988311
- Property TypePurchase
- Taxes Annual$57,198
- Cost3995000
- Acres0.1363
- Utility SourcePublic
- Year Built1900
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Robert Johnston (#ML482270)
Listing Office: Marcus & Millichap (#ML88226)
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