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A rare opportunity for an investor. Prestigious investment property in desirable downtown Menlo Park, California. Four (4) total units. Features two bedrooms and one bath in each unit with either breakfast nook/eat-in-kitchen or a spacious dining area. Set back from the street with mature landscaping, this property is near Facebook, Stanford University, Sand Hill Road, and many other major employers. Desirable Menlo Park schools. Walking distance to shops, restaurants, and parks. As per county records, lot approx. 7452 sq. ft. and building approx. 4340 sq. ft. Units 2 and 3 are deliberately vacant; stated income and CAP rate assumes vacant units are leased at market rates. Reports, disclosures and Offering Memorandum available upon request. Indicated expenses may be subject to change with new owner. Garden courtyard setting.
LAST UPDATED | 11/26/2023 | YEAR BUILT | 1956 |
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COUNTY | San Mateo | STATUS | Sold |
PROPERTY TYPE(S) | Multi Family |
PRICE HISTORY |
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ADDITIONAL DETAILS | |
APPLIANCES | Dishwasher, Disposal, Refrigerator, Washer |
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CONSTRUCTION | Frame |
HEAT | Central, Forced Air |
INTERIOR | Pantry |
LOT | 7453 sq ft |
LOT DESCRIPTION | Level |
LOT DIMENSIONS | 7452.00 |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Traditional |
VIEW | Yes |
VIEW DESCRIPTION | Mountain(s) |
WATER | Public |
TOTAL MONTHLY PAYMENT
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