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330 Lytton Ave 6,726 SF 100% Leased Office Building Palo Alto, CA 94301 For Sale
Executive Summary
Premier Properties, as the exclusive listing broker, is pleased to present the opportunity to acquire 330 Lytton Ave, Palo Alto, a fully-leased building in the heart of downtown. The property boasts a high-visibility corner location and an excellent window line. Garage S/L is adjacent to the property and provides ample parking, including electric vehicle charging stations. Three office tenants and two retail tenants occupy the five suites. The building's short-term leases offer immediate cash flow with an opportunity for upside in the near future, making this a unique opportunity in the desirable downtown Palo Alto market.
ADDRESS: 330-332 Lytton Ave / 400-412 Florence St, Palo Alto, CA 94301
APN: 120-15-003
BUILDING SIZE: ±6,726 Sq. Ft.
PARCEL SIZE: ±6,970 Sq. Ft. / 0.16 Acre (Per Public Record)
ZONING: CD-C(P) – Downtown Commercial-Central (Pedestrian Overlay)
PRICING: Unpriced
ADDRESS: 330-332 Lytton Ave / 400-412 Florence St, Palo Alto, CA 94301
APN: 120-15-003
BUILDING SIZE: ±6,726 Sq. Ft.
PARCEL SIZE: ±6,970 Sq. Ft. / 0.16 Acre (Per Public Record)
ZONING: CD-C(P) – Downtown Commercial-Central (Pedestrian Overlay)
PRICING: Unpriced
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,726 SF
Building Class
C
Year Built
1957
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,613 SF
Building FAR
0.97
Lot Size
0.16 AC
Zoning
CDCP - Downtown Commercial - Central Zone
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 120-15-003 | Improvements Assessment | $1,716,504 |
| Land Assessment | $3,610,579 | Total Assessment | $5,327,083 |
Property Taxes
Parcel Number
120-15-003
Land Assessment
$3,610,579
Improvements Assessment
$1,716,504
Total Assessment
$5,327,083
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330 Lytton Ave
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