405 Kipling ST, Palo Alto, CA 94301

$3,295,000
2,196
SqFt

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Listed by Robert Johnston, 650-391-1744 from Marcus & Millichap
(If provided) CoList: Cole Simpson from Marcus & Millichap

Sold listing courtesy of Robert Johnston from M&MKW

Sold Price
$3,295,000
List Price
$3,995,000
Closing Date
Apr 30, 2025
MLS#
ML81988311
Status
SOLD
Sqft. of Residence
2,196
Lot Size
5,936
Listing Area
Downtown Palo Alto
Year Built
1900

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.

Additional Information

Acres
0.14
Age
124
Cooling System
Ceiling Fan
Foundation
Concrete Perimeter
Garage Parking
Uncovered Parking
Heating System
Wall Furnace
Living Area
2,196
Lot Size
5,936
Neighborhood
Downtown Palo Alto
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Shingle
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
CDC

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