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.
Great Opportunity for this lovely duplex in sought-after Midtown, Palo Alto. Spacious floor plan featuring 2/2 and 2/1.5 units. Unit 676 kitchen and bath have been updated, new flooring and new interior paint throughout both units, New deck for your outdoor activities. Great location too, walking distance to shopping, close to Hoover Park and Bank, and more. Bring your imagination, live in one and rent the other, or have extended family or friends live near, many possibilities. Come view soon!
Great Opportunity for this lovely duplex in sought-after Midtown, Palo Alto. Spacious floor plan featuring 2/2 and 2/1.5 units. Unit 676 kitchen and bath have been updated, new flooring and new interior paint throughout both units, New deck for your outdoor activities. Great location too, walking distance to shopping, close to Hoover Park and Bank, and more. Bring your imagination, live in one and rent the other, or have extended family or friends live near, many possibilities. Come view soon!
Historic 1904 building in the desirable and dynamic City of Palo Alto. This charming 14-unit investment property is situated on a 5,250 square feet parcel of land, a gross building area of approximately 4,200 square feet, offering its tenants cozy studios, 1 and 2-bedroom floor plans. Several updated units contain updated cabinetry, stainless steel appliances, laminate flooring, tile flooring, and close proximity to Stanford University, Stanford Shopping Center, Downtown Palo Alto, multiple parks, and so much more. This investment appeal is asset-driven by low vacancy levels and a robust employment foundation. 628 Waverley Street is a world-class location in the heart of Palo Alto, a location attractive to Peninsula renters and Silicon Valley commuters. This UNIQUE property is a RARE FIND!
We are proud to present a remarkable investment opportunity at 183 Everett Ave, located in the dynamic and highly sought-after heart of Downtown Palo Alto. This exceptional triplex, with the potential for an ADU, is a true standoutoffering investors the rare chance to acquire a prime piece of real estate in one of the most vibrant cities in Silicon Valley. The property features a diverse and appealing unit mix, including one 2-bed, 1-bath unit, one 1-bed, 1-bath unit, one studio, and a potential 1-bed, 1-bath ADU. All units have been thoughtfully upgraded with modern kitchens, baths, and flooring, along with in-unit washers and dryers. With 1,335 square feet of living space on a 0.07-acre lot in Downtown Palo Alto, the opportunities for growth and value appreciation are significant. What sets 183 Everett Ave apart is its unbeatable location. Situated just steps from the bustling core of Downtown Palo Alto, residents will enjoy easy access to renowned restaurants trendy boutiques, and the historic Stanford Theater. Additionally, the property is less than a mile from the prestigious Stanford University and the premier Stanford Shopping Center. **Income includes estimated income for ADU**
We are proud to present a remarkable investment opportunity at 365 Everett Ave, located in the heart of Downtown Palo Alto, CA. This 11 unit apartment consists of (1) 2-bed,1-bath unit and (10) 1-bed, 1-bath units. Three of the units have been thoughtfully renovated, showcasing premium upgrades including modernized flooring, kitchens, and bathrooms. The building also offers convenient amenities such as storage rooms, dedicated carports and parking spaces, private courtyards for ground-floor tenants, a private patio for the 2-bed unit, and an on-site laundry facility. With a total of 8,746 square feet of living space situated on a 0.33-acre lot, this property exemplifies pride of ownership. Just steps away from Downtown Palo Alto, the property offers immediate access to acclaimed restaurants, boutique shops, and the iconic Stanford Theater. Its also located less than 1.5 miles from the prestigious Stanford University and the Stanford Shopping Center, placing tenants at the center of it all..
The median home value in Palo Alto, CA is $3,189,000. This is higher than the county median home value of $1,450,100. The national median home value is $338,100. The average price of homes sold in Palo Alto, CA is $3,189,000. Approximately 50.9% of Palo Alto homes are owned, compared to 40.16% rented, while 8.94% are vacant. Palo Alto real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palo Alto real estate agent to arrange a tour today!
Palo Alto, California has a population of 68,624. Palo Alto is more family-centric than the surrounding county with 43.19% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Palo Alto, California is $194,782. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Palo Alto is 41.8 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 17.3 inches per year, with 0 inches of snow per year.