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487 James Rd

Palo Alto, CA 94306
  • $4,750,000
  • STATUS: Closed
  • ON SITE: 398 Days
  • ID#: ML81962173
Sold - 06/14/2024
$4,750,000
SOLD - 06/14/2024
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,144
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing provided courtesy of Joel Hopman of Newmark Cornish & Carey: 415-722-2200.

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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© 2025 MLSListings Inc. Based on information from MLSListings MLS as of 2025-05-23T12:52:32.58. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gibson Portfolio Sales Inc..

Licensed in the State of California.
Website powered by BoomTown.
www.gibsonportfoliosales.com/homes/149432822
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487 James Rd Palo Alto, CA 94306

  • Price: $4,850,000
  • Status: Closed
  • On Site: 398 Days
  • Updated: 15 min ago
  • ID#: ML81962173
0
Beds
0
Baths
0
½ Baths
0.3
Acres
7,144
SQFT
$0
$/SQFT
1963
Built
Neighborhood:
South Palo Alto
County:
Santa Clara
Area:
South Palo Alto
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.
Exterior Features

Construction Type Wood Frame Foundation Concrete Slab Garage Parking Assigned SpacesCovered Parking Number Of Buildings 1 Parking Spaces 0 Pool YN No Roof CompositionShingle Units In Complex Min 6 Yard Grounds Back YardBalcony / PatioSprinklers - Auto

Interior Features

Beds Unit1 3 Beds Unit2 2 Beds Unit3 2 Cooling Ceiling Fan Heating Central Forced Air Sq Ft Unit1 1870 Sq Ft Unit2 1030 Sq Ft Unit3 975 Structure Sq Ft 7144

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Limits Yes City Name PALO ALTO Hoa YN No Lot Size Area Maximum 13068.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 5360 Rent Unit2 3475 Rent Unit3 3450 Restrictions None Security Features Video / Audio System Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas Meters Water Public Zoning RM2

Listing provided courtesy of Joel Hopman of Newmark Cornish & Carey: 415-722-2200.



© 2025 MLSListings Inc. Based on information from MLSListings MLS as of 2025-05-23T12:52:32.58. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gibson Portfolio Sales Inc..

Licensed in the State of California.
Website powered by BoomTown.
 
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Gibson Portfolio Sales Inc.
P.O. Box 279
San Carlos CA, 97040

Listing provided courtesy of Joel Hopman of Newmark Cornish & Carey: 415-722-2200.