Menlo Park, CA 94025,934 Oak Lane
$3,150,000
Est. payment /mo
$3,225,000
2.3%
Est.Price: ?

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8 Beds
4,156 SqFt
SOLD DATE : 10/11/2023

Key Details

Sold Price $3,150,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,156 sqft

Price per Sqft $757

MLS Listing ID ML81941647

Sold Date 10/11/23

Bedrooms 8

HOA Y/N No

Year Built 1948

Lot Size 8,526 Sqft

Property Description

TROPHY FOURPLEX IN DOWNTOWN MENLO PARK! 934 Oak Lane offers an investor an outstanding apartment property or an owner-occupier an ideal opportunity in the heart of downtown Menlo Park in a quiet residential neighborhood. All units are spacious Two-Bedroom / One-Bath apartments over 1,000 SF with great in-place rents. There are significant recent interior & common area capital improvements including all new kitchens & baths within the past 5 years. All units benefit from gorgeous hardwood floors. A rear patio area is accessible to all units and tenants enjoy extra storage lockers and an on-site laundry facility. A new owner can add value through the addition of an ADU and R3 Zoning with the city's commitment to more housing allows for more density in this district. 934 Oak is strategically positioned in an irreplaceable location in one of the most sought after locations in the country.

Location

State CA

County San Mateo

Area Listing

Zoning R300

Interior

Heating Natural Gas, Wall Furnace

Cooling No Air Conditioning

Flooring Hardwood

Fireplace No

Building

New Construction No

Schools

School District Sequoia Union High

Others

Tax ID 071272470

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Bridge MLS
Listed by Matthew Thomson • Newmark Cornish & Carey
Bought with MatthewThomson

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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