Listing Courtesy of: 
MLSlistings Inc. / Coldwell Banker Realty / William "Payne" Sharpley / Jose "Joe" Velasco - Contact: 408-620-4372
MLSlistings Inc. / Coldwell Banker Realty / William "Payne" Sharpley / Jose "Joe" Velasco - Contact: 408-620-4372 4250 El Camino Real B118 Palo Alto, CA 94306
Active (74 Days)
$799,999
OPEN HOUSE TIMES
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OPENSat, Aug 161:30 pm - 4:30 pm
-
OPENSun, Aug 171:30 pm - 4:30 pm
Description
INCREDIBLE DEAL OPPORTUNITY, INSTANT EQUITY! THIS IS NOT A TEASER PRICE... FOR $800,000, OR $833.33 PER SQ. FT. OR HOW ABOUT EVEN BETTER AT $780,000!! 780K W/$3900 PER MO IN RENTAL INCOME - IS A CAP RATE OF 6% WHICH IS UNHEARD OF! Property was appraised in this year's tax assessment at $900,000. CALL PAYNE @ 408.620.4372 AND HE IS YOUR DEAL MAKER AND WILL. MAKE. IT. HAPPEN. 11 Additional highlights include in-unit laundry, a cozy fireplace, secure underground parking, and access to resort-style amenities such as a community pool and clubhouse. The Palo Alto Redwoods complex is beautifully maintained with mature redwoods and green space, creating a peaceful, park-like setting. HOA fee covers ALL water utilities, landscaping, community pool, sauna, and garbage. Located near top-rated schools, vibrant shopping and dining along El Camino, and major tech employers. Easy access to Stanford, Caltrain, and commuter routes.
MLS #:
ML81999686
ML81999686
Type
Condo
Condo
Year Built
1983
1983
School District
481
481
County
Santa Clara County
Santa Clara County
Listed By
William "Payne" Sharpley, DRE #02195155 CA, Coldwell Banker Realty, Contact: 408-620-4372
Jose "Joe" Velasco, DRE #01309200 CA, Coldwell Banker Realty
Jose "Joe" Velasco, DRE #01309200 CA, Coldwell Banker Realty
Source
MLSlistings Inc.
Last checked Aug 16 2025 at 5:26 AM GMT+0000
MLSlistings Inc.
Last checked Aug 16 2025 at 5:26 AM GMT+0000
Bathroom Details
- Full Bathroom: 1
Subdivision
- Pml Management Corporation
Property Features
- Fireplace: Living Room
- Foundation: Concrete Perimeter and Slab
Heating and Cooling
- Radiant
- None
Homeowners Association Information
- Dues: $931
Exterior Features
- Roof: Composition
- Roof: Shingle
Utility Information
- Utilities: Public Utilities, Water - Public
- Sewer: Sewer - Public
Garage
- Assigned Spaces
- Common Parking Area
- Covered Parking
- Electric Gate
- Guest / Visitor Parking
Stories
- 1
Living Area
- 960 sqft
Additional Information: Los Gatos | 408-620-4372
Location
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Jul 26, 2025
Price Changed
$799,999
-2%
-12,889
Jun 11, 2025
Price Changed
$812,888
-4%
-36,000
Jun 02, 2025
Original Price
$848,888
-
-
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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Properties with the
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Listing Data Copyright 2025 MLSListings Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.
Properties with the
icon(s) are courtesy of the MLSListings Inc. Listing Data Copyright 2025 MLSListings Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.
