NOT LISTED FOR SALE

818 Kipling St Palo Alto, CA 94301

University South Neighborhood
6 Beds
4 Baths
3,486 Sq Ft
5,619 Sq Ft Lot

Last Sold April 19, 2017

Last sale price $3,400,000 $975 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • Coin Laundry
  • 3-minute walk to Heritage Park
  • Addison Elementary School Rated A+

About This Home

As of April 2017

Extremely rare offering - quality 4-Plex in fantastic location. All units have hardwood floors. Excellent condition. Walking distance to downtown.

Last Agent to Sell the Property

Jerry Haslam

Coldwell Banker Realty License #01180022 Listed on: 04/02/2017

Coldwell Banker Realty

Last Buyer's Agent

Leika Kejriwal

Compass License #00942482

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 5,619 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,486 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $128,400

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $2,108
  • Maintenance Expense $1,393
  • Utility Expense $2,485
  • Operating Expense $20,304
  • Gross Income $128,845

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3486
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Living Sq Ft: 3486
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

Rental Info

  • Gross Rent Multiplier: 23.28
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 2108
  • Expense Landscape: 1440
  • Expense Maintenance: 1393
  • Expenses Total: 20304
  • Expenses Utility: 2485
  • Income Annual Gross: 128845.00
  • Income Annual Rental: 128400
  • Income Gross Scheduled: 128845
  • Income Includes: Laundry, Rents
  • Income Other: 445
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Utilities
  • Tenant Expenses: Utilities - Gas, Utilities - Hot Water

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2017 04/19/17 Sold $3,400,000 +13.3% $975 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $3,000,000 0.0% $861 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $3,000,000 -- $861 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jerry Haslam

    Seller's Agent in 2017

    Jerry Haslam

    Coldwell Banker Realty

    (650) 947-2232

    13 Total Sales

    Jerry Haslam
    Section Image
  • Leika Kejriwal

    Buyer's Agent in 2017

    Leika Kejriwal

    Compass

    (650) 218-5345

    38 Total Sales

    Leika Kejriwal
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81644984

MLSListings

APN: 120-17-024

California Santa Clara County Palo Alto 94301 University South

818 Kipling St, Palo Alto, CA

This home is located at 818 Kipling St, Palo Alto, CA 94301 since 02 April 2017. This property was built in 1957. 818 Kipling St is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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