Properties

Comm Ri Multi-units 5+ For Sale

5,539 Sqft - 403-419 James Road, PALO ALTO, California 94306

QR Code
Property Description

9 Quality Apartment Units in desirable Palo Alto location amongst many nice single family homes. Improvements consist of one 9 unit single story apartment building with common laundry room & detached 9-car carport situated on a very large +- 19,110 square foot parcel. All units are 1 Bedroom 1 Bath & each unit has a large private patio entryway. Highly rated Palo Alto schools. Features in some or all units include: Hardwood floors; Open beam cathedral ceilings in 6 units & skylight in kitchen and/or bathroom. Kitchens are equipped with a free standing oven/stove & refrigerator. Resident storage lockers at carports. The low density site with single story units having large private patio entryways provides the residents a sense of privacy not easily found. Close proximity to Stanford University; Stanford Shopping Center; Stanford Research Park; Charleston Shopping Center; El Camino Real; The Village at San Antonio Center; California Avenue Business District; Robles Park & Mitchell Park

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81871512
Price : $4,250,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,539 Sqft
Year Built : 1958
Lot Area : 0 Sqft
Features
Heating System : Wall Furnace
Cooling System : Ceiling Fan(s)
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Santa Clara
City : PALO ALTO
Zipcode : 94306
Street : James Road
Street Number : 403-419
Floor Number : 0
Longitude : W123° 52' 36.4''
Latitude : N37° 24' 50''
MLS Addon
Office Name : Cornish & Carey Commercial
Building Type : Other
Area : South Palo Alto
Address : 403-419 James Road
Cross Street : Wilkie Way
LA1User Code : MLL159536
LA1Agent First Name : Keith
LA1Agent Last Name : Suddjian
Status Category : Pending
Tot # Parking Spaces : 0
Tot # of Units : 9
Zoning : RM-2
List $/SqFt : $0
Age : 63
Apx Lot Sq Ft : 19,110 Sqft
Type of Building : Apt Complex
Annual Taxes : $51,735
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
FLOORING : Hardwood Floors
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Trash Removal, Utilities, Vacancy Factor, Water, Miscellaneous/other
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 2.87
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,250,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 228523
Net Oper Income : 122065
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 8951
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 18.60
List Agent DRE Num. : 00673961
Filtered Address : 403-419 James RD
LA1Agent License ID : 00673961
LA1Old Agent ID : 2751
LA2Agent First Name : Michelle
LA2Agent Last Name : Clark
LA2User Code : MLL484616
LA2Old Agent ID : 234780
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 132-46-082
Showing : See Confidential Remarks
LO2Office Name : Cornish & Carey Commercial
LO1Main Office ID : 70361
LO1Board ID : 0
LO2Office Identifier : 70361
LO2Main Office ID : 70361
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 4250000
Address Search Number : 403
Listing Agent : 248935
Listing Office : 70361
Co-List Agent : 270860
Listing Office 2 : 70361
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 40
Input Date : 02/12/2021 04:22:11
Update Date : 10/12/2021 18:12:17
PhotoTimestamp : 02/12/2021 13:49:26
First Photo Add Timestamp :
List Date : 02/12/2021
Expire Date :
Pending Date : 09/12/2021
Closing Date : 03/02/2022
Status Date : 09/12/2021
Price Date :
Off Market Date : 09/12/2021
Status : Pending
HOA : No
City Transfer Tax : Yes
Off Market Status Date :
LVT Date :
DOMLS : 8
Cumulative DOMLS : 8
Unit # 1 # of Bedrooms: 1
Unit # 1 Approx. SqFt: 585
Unit # 1 Rent: 1995
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81871512
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 5,539 Sqft
$4,250,000
Agent info
Contact Agent