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487 James RD Palo Alto, CA 94306
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,144 sqft
Price per Sqft $664
MLS Listing ID ML81962173
Sold Date 06/14/24
Bedrooms 7
Full Baths 7
Year Built 1963
Lot Size 0.300 Acres
Property Description
Rarely available 6-unit in desirable Palo Alto! 487 James Road is an exceptionally well-maintained apartment community containing an incredible unit mix of (1) 3+3 and (5) 2+2 units. All units feature in-unit washer/dryer, dishwashers, and forced-air heat while 5 of the units have been modernized with numerous upgrades such as stone countertops and updated cabinetry in the kitchens, redone bathrooms, and LVP flooring. All tenants enjoy the peaceful and serene setting with either a private balcony or backyard. Contained within the subterranean parking area are ample storage closets and a secure bike room. The comp shingle roof was replaced in 2018 and the water heaters were replaced in 2020 & 2021. The property feeds to excellent public schools and is proximate to Stanford University and Health Care System. Tenants also benefit from numerous retail and restaurant amenities of California Avenue, El Camino Real, and Stanford Shopping Center and recreation of Roble Park among other entertainment attractions. This is truly one of a kind.
Location
State CA
County Santa Clara
Area South Palo Alto
Zoning RM2
Interior
Heating Central Forced Air
Cooling Ceiling Fan
Exterior
Exterior Feature Back Yard, Balcony / Patio, Sprinklers - Auto
Parking Features Assigned Spaces, Covered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition,Shingle
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 132-46-079
Security Features Video / Audio System
Special Listing Condition Not Applicable
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Bought with Eddy Tsang • United Assoc. Investments