True pride of ownership 3-unit opportunity in core downtown Palo Alto. This immaculately maintained property contains two large 3+2 Townhome-Style units and (1) 2+2 Flat. Each unit has access to a 1-car garage and 1-tandem parking spot. 831-835 Kipling features many amenities such as updated kitchens and baths including modern… Read More appliances and finishes, wood or LVP flooring, forced air heat (all units), AC (one unit); Trex decking, is SB721 compliant, and electric vehicle charging (1 unit). The property is located moments to Stanford University, Shopping Center, and Health Care system, is transit-oriented being a short walk to the Palo Alto Caltrain station, and benefits from quaint retail and restaurants of University Avenue. Additionally, the property feeds to highly rated schools. This opportunity is a great fit for owner-occupiers, generational co-living, or investors alike. Read Less
Courtesy of Newmark Cornish & Carey, Joel Hopman 415-722-2200
Listing Snapshot
Days Online
23
Last Updated
Property Type
Triplex
Square Ft.
3,732
Lot Size
0.13 Acres
Year Built
1968
MLS Number
ML82050193
30 Days Snapshot Of 94301
$5.50M
-17%
(avg) sold price
20
-13%
homes sold
22
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5600.00, Max Area Units: Square Feet
Unit One
3 bedrooms in unit 1, Unit 1 rent: $4,995
Unit Two
3 bedrooms in unit 2, Unit 2 rent: $4,595
Unit Three
2 bedrooms in unit 3, Unit 3 rent: $3,675
Accessibility Features
None
Building
Built in 1968, 3 building units, 1 building, 3,732 structure square feet
Roof
Composition, Shingle
Utilities
Individual Electric Meters, Individual Gas Meters
Sewer
Sewer - Public
Security Features
None
Heating
Central Forced Air
Cooling
Central AC
Foundation
Concrete Perimeter
Water Features
Public
Garage
3 garage spaces
Parking
3 parking spaces
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric, Utilities - Gas
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