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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 | $2,355,867 CAD |
| Land Assessment | $4,955,448 CAD | Total Assessment | $7,311,315 CAD |
Property Taxes
Parcel Number
120-15-003
Land Assessment
$4,955,448 CAD
Improvements Assessment
$2,355,867 CAD
Total Assessment
$7,311,315 CAD
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330 Lytton Ave
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