487 James Road, Palo Alto, CA 94306 | MLS ML81962173 | Listing Information | Berkshire Hathaway HomeServices Drysdale Properties | Berkshire Hathaway HomeServices Drysdale Properties
FOR SALE
$4,850,000  

487 James Road
Palo Alto, CA 94306

Business Opportunities
Commercial
7,144
Sq. Ft.
0.3
Acres Lot
Listing Agent: Joel Hopman CalDRE: 01934574 - Newmark Cornish & Carey
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
Business Opportunities, Other
Santa Clara
1963
0.3 Acres
Public
7,144 Sq. Ft.
Yes -11 spaces
1 Total
School Information
Palo Alto Unified
Other
Other
Henry M. Gunn
Interior Features
Heating
Other. Central.
Exterior / Lot Features
Parking
11 Carport Spaces. 0 Covered Parking Spaces.
Roof
Composition, Shingle
Zoning
RM2
Financial Considerations
13246079
$58,356
Listing Agent: Joel Hopman CalDRE: 01934574 - Newmark Cornish & Carey
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