Multifamily
405 Kipling St
405 Kipling St, Palo Alto, CA 94301
Listing Price: $3,998,000
Investment Overview
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 Area’s 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.
The investment appeal of this asset is driven by Palo Alto’s incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 405 Kipling St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
405 Kipling St
Investment Highlights
- Exceptional Downtown Palo Alto Investment Opportunity - Investors have the opportunity to acquire a well-situated asset located in prime Downtown Palo Alto.
- Desirable Renter's Market - 405 Kipling St benefits from its close proximity to Downtown Palo Alto and world class Stanford University, creating a strong demand and high prices for rental rates.
- Incredible Off-Campus Housing Opportunity - The subject property is walking distance to the campus of the Stanford University creating extremely strong rental demand from both students and faculty.
- Prestigious Palo Alto School District - The subject property is located in a continuously ranked number one public school district throughout California.
Exclusively Listed By
Listing Price: $3,998,000
Investment Highlights
- Exceptional Downtown Palo Alto Investment Opportunity - Investors have the opportunity to acquire a well-situated asset located in prime Downtown Palo Alto.
- Desirable Renter's Market - 405 Kipling St benefits from its close proximity to Downtown Palo Alto and world class Stanford University, creating a strong demand and high prices for rental rates.
- Incredible Off-Campus Housing Opportunity - The subject property is walking distance to the campus of the Stanford University creating extremely strong rental demand from both students and faculty.
- Prestigious Palo Alto School District - The subject property is located in a continuously ranked number one public school district throughout California.
Investment Overview
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 Area’s 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. The investment appeal of this asset is driven by Palo Alto’s incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 405 Kipling St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Exclusively Listed By
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