Active

487 James RD

PALO ALTO CA, 94306

$4,850,000


$678.89 per sqft

Active

7,144 sqft

Multi-family

Built in 1963

Listed by Newmark Cornish & Carey, Joel Hopman, Listing Contact: 4157222200

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.

ML81962173

MLS ID

April 19, 2024

Updated

Map

487 James RD
PALO ALTO CA, 94306

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Central, Forced Air

Exterior/Building Features

Lot Size

0.3 Acres


Roof

Composition, Shingle


Sewer

Public Sewer

School Information

School District

481


High School

Henry M. Gunn High


Elementary School

Juana Briones Elementary

Other Property Details

Area Name

South Palo Alto


Garage

No


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

RM2


Buyer Agency Compensation

2.5%

Listed by Newmark Cornish & Carey, Joel Hopman,
Listing Contact: 4157222200 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Maya Hsu | CA DRE# 01271868 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Maya Hsu | CA DRE# 01271868 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 8:09 PM UTC, 4/19/2024

 

 

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