831 Kipling Street Palo Alto, CA ^$ 3,850,000

831 Kipling Street

^$ 3,850,000

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Recently Listed

831 Kipling Street

Palo Alto, CA, 94301

^$ 3,850,000

Studio Baths0.0 Sq 3,732

Monthly Estimate*

^$ 23,705

Listed by Newmark Cornish & Carey

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Studio

Single Family Home for sale in Palo Alto, CA

for $3,850,000. This 3,732 square foot home was built in 1968 on a lot size of 0.1286.

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.

Single Family Active

Price

^$ 3,850,000

Bedrooms

Studio

Property Type

Single Family

Taxes

^$ 47,304

Style

Lot Size

0.1286

Year Built

1968

Town/City

Palo Alto

County/Region

Santa Clara

MLS | Web ID

ML82050193

Days on Market

Features

General

Living Area 3732

Sewer PublicSewer

Heating Central

Cooling CentralAir

Roof Composition Shingle

Zoning R2

Garage Spaces 3

Year Built 1968

Property Subtype Triplex

Accessibility None

County Santa Clara

Insurance Expense 4487

Property Type ResidentialIncome

HOA false

MaintenanceExpense 1728

Garage Y/N true

Special Listing Conditions Standard

Status Active

High School Palo Alto

City Palo Alto

High School District Palo Alto Unified

MLS Area 699 - Not Defined

Lot Size Units SquareFeet

Lot Size Square Feet 5600

Carport Spaces 0

Elementary School Other

Tax Annual Amount 47304

Middle/Junior High School Other

Trash Expense 4506

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Triplex

Cap Rate 2.27

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 3

Lot Size Area 5600

Foundation Details ConcretePerimeter

Number of Buildings 1

Building Area Total 3732

Lot Size Acres 0.1286

Lot Size Source Assessor

* Excluded Features

List By

Newmark Cornish & Carey

Broker

joel.hopman@nmrk.com

Affordability Calculator

$27,647

Per Month

Monthly Principal & Interest: $23,705
Monthly Property Taxes: $3,942
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Palo Alto, CA

Average List Price ^$4,851,816

Percent of Sale Price 26%

About Palo Alto, CA

68,781 Population

15% Since 2002

^$143,744 Median Income

43.54 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

0 Elementary School

0 Middle School

Palo Alto High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/8/2026	$3,850,000		Listed Price

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831 Kipling Street, Palo Alto, CA, 94301 is a Single Family Home for sale at $3,850,000 with 3,732 sqft and a lot size of 0.1286. 831 Kipling Street is a studio with 0.0 baths and was built in 1968. The property's zip code is 94301 which is in Palo Alto, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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831 Kipling Street

Single Family Home for sale in Palo Alto, CA

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