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127 Lytton Avenue

Palo Alto, CA 94301
  • $4,000,000
  • STATUS: Closed
  • ON SITE: 407 Days
  • ID#: ML81927084
Sold - 12/29/2023
$4,000,000
SOLD - 12/29/2023
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,650
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1946
County:
Area:

School Ratings & Info

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.

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Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-06-14T23:40:30.297.

www.eastbaypropertyfinder.com/homes/139241561
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127 Lytton Avenue Palo Alto, CA 94301

  • Price: $4,998,000
  • Status: Closed
  • On Site: 407 Days
  • ID#: ML81927084
0
Beds
0
Baths
0
½ Baths
0.11
Acres
4,650
SQFT
$0
$/SQFT
1946
Built
Neighborhood:
Listing
County:
Santa Clara
Area:
Listing
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.
Exterior Features

Lot Size Area 0.11 Parking Spaces Total 0

Interior Features

Building Area Total 4650

Property Features

Age 77 City Transfer Tax Yes Electric On Property YN No For Sale Or Rent For Sale Present Use 386160 Property Sub Type Comm Ind For Sale Zoning CD-C

Contra Costa Association of Realtors logo Listing courtesy of Joshua Johnson of Marcus & Millichap: .


Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-06-14T23:40:30.297.

 
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