Palo Alto, CA 94301,127 Lytton AVE
Palo Alto, CA 94301,127 Lytton AVE
Palo Alto, CA 94301,127 Lytton AVE
7
$4,000,000
$4,998,000
20.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4,650 SqFt

127 Lytton AVE Palo Alto, CA 94301

Est. payment /mo
SOLD DATE : 12/29/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $4,000,000

Property Type Commercial

Sub Type Commercial Property

Listing Status Sold

Purchase Type For Sale

Square Footage 4,650 sqft

Price per Sqft $860

MLS Listing ID ML81927084

Sold Date 12/29/23

Year Built 1946

Lot Size 4,650 Sqft

Property Sub-Type Commercial Property

Property Description

The property has an excellent location one block off University Avenue in downtown Palo Alto. The building is also a short distance from Stanford University, the Stanford Research Park, and Stanford Shopping Center. The building is configured with two tenant spaces. 127 Lytton Avenue is built out with office space and is currently vacant; 129 Lytton Avenue is leased to Darbar Indian Cuisine through April 2024. The site is one-half block from the Palo Alto Caltrain station and Palo Alto Transit Center, making the property easily accessible from public transit. The transit center has connections to VTA, SamTrans, AC Transit, Dumbarton Express, and Stanford Marguerite buses and shuttles. With one space currently vacant and the other on a short-term lease, the building has appeal to owner/users and value-add investors alike. Additionally, the property has the potential to be redeveloped at a higher density with a commercial or mixed-use project.

Location

State CA

County Santa Clara

Area Downtown Palo Alto

Zoning CD-C (P), Downtown Commercial (Community)

Interior

Heating Central Forced Air

Cooling Multi-Zone

Flooring Carpet, Laminate, Tile

Exterior

Parking Features On Street

Utilities Available Public Utilities

Roof Type Bitumen,Elastomeric

Present Use Commercial,Office

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Restrictions None

Tax ID 120-25-110

Security Features None

Special Listing Condition Not Applicable

Read Less


MLSListings Inc. (MLSListings)
Listed by Joshua Johnson • Marcus & Millichap
Bought with Dianne Millner • Millner Realty

GET MORE INFORMATION

agent

OMID LARIJANI

Agent | License ID: 01759040

+1(408) 400-0004

Name
Phone*
Message