Palo Alto, CA 94306,487 James RD
Palo Alto, CA 94306,487 James RD
Palo Alto, CA 94306,487 James RD
32
$4,850,000
Est.Price: ?

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7 BD
7 BA
7,144 SqFt

487 James RD Palo Alto, CA 94306

Est. payment /mo
SOLD DATE : 06/14/2024

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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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MLSListings Inc. (MLSListings)
Listed by Joel Hopman • Newmark Cornish & Carey
Bought with Eddy Tsang • United Assoc. Investments

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