$3,200,888
$3,500,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Menlo Park, CA 94025
4,340 SqFt
Key Details
Sold Price $3,200,888
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,340 sqft
Price per Sqft $737
MLS Listing ID ML81814331
Sold Date 10/22/21
HOA Y/N No
Year Built 1956
Annual Tax Amount $45,456
Lot Size 7,453 Sqft
Acres 0.1711
Property Description
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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R30000
Interior
Heating Central
Cooling None
Flooring Carpet, Wood
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
Exterior
Garage Carport
Carport Spaces 4
View Y/N Yes
View Park/Greenbelt, Hills, Mountain(s), Panoramic
Roof Type Composition
Accessibility None
Parking Type Carport
Total Parking Spaces 5
Building
Lot Description Flag Lot, Level, Paved
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Other
Others
Tax ID 071322260
Security Features Security Lights
Financing Cash
Special Listing Condition Standard
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Bought with Heng Wei Chang