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420 Ramona Street

420 Ramona Street, Palo Alto, CA 94301
Commercial in Downtown North
420 Ramona Street has been categorized by the local assessors in Palo Alto, CA as a commercial type of property. The building on the property was first built in 1951 and is 73 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 4,451 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. The property was last sold in Jan 10, 2011 for $2,500,000. That's $568.18 per sqft. 420 Ramona Street was last assessed in 2023. The total value of the property was assessed at $3,078,564. Specifically, the land the property is located on was valued at $1,231,425. While improvements on the property were assessed at a total of $1,847,139. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $41,686. The initial tax year of delinquency was in 2023. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190908
09/08/2019
Studio
-
1100 ft²
$80,000
bedrooms
Studio
bathrooms
-
square feet
1100 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Concrete
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,451
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 4,400
  • Gross Building Area: 4,400
  • Building Area: 4,400
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: MILLS
  • Land Acres: 0.102
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : LXR C LLC
  • Previous Owner : ENG JACK LIM
  • Previous Owner 2: ENG EDNA MAY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511302

Zoning

  • Zoning: CDCP

Geography

  • Assessors Map Reference: 43-F1
  • Parcel: 120-26-013
  • Block: 13
  • Lot: 26,27
  • Municipality: PALO ALTO
  • Latitude: 37.4457
  • Longitude: -122.163

    Address

  • Full Address: 420 Ramona St
  • Address - House Number: 420
  • Address - Street Name: Ramona
  • Address - Suffix Type: St
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C031
  • 4-Digit Zip Code: 1707
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,686
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 06-001

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,274,000
  • First Open Lien Mortgage Lender: CAPITAL ACCESS GROUP INC
  • First Open Lien Mortgage Recording Date: Jan 19, 2011
  • First Open Lien Mortgage Loan Amount: $1,024,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 19, 2041
  • Second Open Lien Mortgage Lender: BANK OF THE WEST
  • Second Open Lien Mortgage Recording Date: Jan 19, 2011
  • Second Open Lien Mortgage Loan Amount: $1,250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Jan 19, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,078,564
  • Assessed Land Value: $1,231,425
  • Assessed Improvements Value: $1,847,139

    Sales

  • Current Sale Contract Date: Jan 10, 2011
  • Current Sale Recording Date: Jan 19, 2011
  • Current Sale Transaction ID: 1005520030
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21052491

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Jan 19, 2011
  • First Mortgage Loan Amount: $1,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Downtown North



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Frequently Asked Questions

What neighborhood is 420 Ramona Street located in?
The 420 Ramona Street is a commercial located in the neighborhood of Downtown North in Downtown North, Palo Alto.
What is the average sales price for listings in 420 Ramona Street?
The average sales price for units in 420 Ramona Street is $0 currently.

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