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127-129 Lytton Ave
Palo Alto, CA 94301
Downtown Palo Alto Mixed-Use Two-Tenant · Retail Property For Sale
Investment Highlights
- Subject site is one block off of University Avenue in Downtown Palo Alto.
- The building is configured with two tenant spaces.
- The property has the potential to be redeveloped at a higher density with a commercial or mixed-use project.
- Subject site is one-half block from the Palo Alto Caltrain station and Palo Alto Transit Center.
- 129 Lytton Avenue is leased to Darbar Indian Cuisine through April 2024; the tenant does not have any options to renew their lease.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
4,650 SF
Building Class
B
Year Built
1936
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.11 AC
Zoning
CD-C(P) - Downtown Commercial (Community) Pedestrian Shopping Combining District
Frontage
40’ on Lytton Ave
Amenities
- Signage
Property Taxes
| Parcel Number | 120-25-110 | Improvements Assessment | $765,000 |
| Land Assessment | $3,315,000 | Total Assessment | $4,080,000 |
Property Taxes
Parcel Number
120-25-110
Land Assessment
$3,315,000
Improvements Assessment
$765,000
Total Assessment
$4,080,000
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