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Sold for $3,375,000
  • $3,375,000

    831 Kipling St, Palo Alto, CA 94301

    8beds
    6baths
    3,732sqft
    Triplex, Residential Income
    Built in 1968
    -- sqft lot
    $3,985,800 Zestimate®
    $904/sqft
    $-- Estimated rent

    Home value

    $3,985,800

    $3.79M - $4.22M

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joel Hopman 01934574 415-722-2200,

    Newmark Cornish & Carey 408-727-9600,

    Steve Zirelli 01929245 650-224-3118,

    Cornish & Carey Commercial

    Bought with:

    Joel Hopman, 01934574

    Newmark Cornish & Carey

    Steve Zirelli, 01929245

    Cornish & Carey Commercial

    Source: MLSListings Inc,MLS#: ML82050193MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Heating
    • Central Forced Air
    Cooling
    • Central Air
    Features
    • Doors: None
    Interior area
    • Total structure area: 3,732
    • Total interior livable area: 3,732 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Tandem
    • Garage spaces: 3
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 5,600 Square Feet
    Details
    • Parcel number: 12017020
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition, Shingle
    Condition
    • Year built: 1968

    Utilities & green energy

    • Gas: IndividualGasMeters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $904/sqft
    • Tax assessed value: $1,245,940
    • Annual tax amount: $47,304
    • Date on market: 6/8/2026
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: Building, DishwasherAllUnits, Land, OvenRangeAllUnits

    Price history

    DateEventPrice
    7/8/2026Sold$3,375,000-12.3%$904/sqft
    Source: MLSListings Inc #ML82050193 Report a problem
    6/11/2026Pending sale$3,850,000$1,032/sqft
    Source: MLSListings Inc #ML82050193 Report a problem
    6/8/2026Listed for sale$3,850,000+413.3%$1,032/sqft
    Source: MLSListings Inc #ML82050193 Report a problem
    2/28/2021Listing removed--
    Source: Owner Report a problem
    10/5/2020Listing removed$4,700$1/sqft
    Source: Owner Report a problem
    10/3/2020Listed for rent$4,700$1/sqft
    Source: Owner Report a problem
    2/27/1997Sold$750,000$201/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,245,940 +2%
    2025$15,726 +4.2%$1,221,511 +2%
    2024$15,095 +1.5%$1,197,560 +2%
    2023$14,870 +1.2%$1,174,079 +2%
    2022$14,694 +2%$1,151,058 +2%
    2021$14,404 +2%$1,128,489 +1%
    2020$14,116 $1,116,919 +2%
    2019$14,116 +3.9%$1,095,019 +2%
    2018$13,587 $1,073,549 +2%
    2017$13,587 +1.8%$1,052,500 +2%
    2016$13,348 +3.8%$1,031,864 +1.5%
    2015$12,865 +2.5%$1,016,365 +2%
    2014$12,553 $996,457 +0.5%
    2013-- $991,955 +2%
    2012-- $972,506 +2%
    2011-- $953,438 +0.8%
    2010-- $946,313 -0.2%
    2009-- $948,562 +2%
    2008-- $929,964 +2%
    2007-- $911,730 +2%
    2006-- $893,854 +2%
    2005-- $876,328 +2%
    2004-- $859,146 +1.9%
    2003-- $843,400 +2%
    2002-- $826,864 +2%
    2001-- $810,652
    Find assessor info on the county website

    Neighborhood: University South

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: AddisonElementary
    • Middle: DavidStarrJordanMiddle_1
    • High: PaloAltoHigh
    • District: PaloAltoUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,985,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,985,800