487 James RD, Palo Alto, CA 94306
- $4,750,000
- 7,144
- SqFt
Listed by Joel Hopman, 415-722-2200 from Newmark Cornish & Carey
(If provided) CoList: from
Sold listing courtesy of Eddy Tsang from UNIT
- Sold Price
- $4,750,000
- List Price
- $4,850,000
- Closing Date
- Jun 14, 2024
- MLS#
- ML81962173
- Status
- SOLD
- Sqft. of Residence
- 7,144
- Lot Size
- 13,068
- Listing Area
- South Palo Alto
- Year Built
- 1963
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.
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Additional Information
- Acres
- 0.30
- Age
- 61
- Cooling System
- Ceiling Fan
- Foundation
- Concrete Slab
- Garage Parking
- Assigned Spaces, Covered Parking
- Heating System
- Central Forced Air
- Living Area
- 7,144
- Lot Size
- 13,068
- Neighborhood
- South Palo Alto
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- RM2
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