831 Kipling Street, Palo Alto, CA 94301

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Sold Price
$3,375,000
List Price
$3,850,000
Closing Date
Jul 08, 2026
Status
CLOSED
MLS#
ML82050193
Year Built
1968
Living Sq. Ft
3,732
Lot Size
5,600
Acres
0.13
Days on Market
2
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

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 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.

Additional Information

Taxes
$47,304
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Roof
Composition, Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
School District
Palo Alto Unified
Elementary School
Other
Middle School
Other
High School
Palo Alto
Attached Structure
Detached
Gross Scheduled Income
$159,180

Listing courtesy of Listing Agent: Joel Hopman (joel.hopman@nmrk.com) from Listing Office: Newmark Cornish & Carey.

Listing sold by Joel Hopman from Newmark Cornish & Carey

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.