127 Lytton Avenue, Palo Alto, CA 94301
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Sold Price :
$4,000,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1946
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.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
127 Lytton Avenue |
City |
Palo Alto |
State |
CA |
Zip |
94301 |
County |
Santa Clara |
Listing Agent |
Joshua Johnson DRE #01930127 |
Co-Listing Agent |
David Cutler DRE #01514751 |
Courtesy Of |
Marcus & Millichap |
Close Price |
$4,000,000 |
Status |
Closed |
Type |
Commercial |
Structure Size |
N/A |
Lot Size |
N/A |
Year Built |
1946 |
Listing information courtesy of: Joshua Johnson, David Cutler, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 29th, 2023 at 6:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.