Menlo Park, CA 94025,1952 Menalto Avenue
$3,000,000
Est. payment /mo
$3,195,000
6.1%
Est.Price: ?

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7 Beds
5,045 SqFt
SOLD DATE : 01/03/2024

Key Details

Sold Price $3,000,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,045 sqft

Price per Sqft $594

MLS Listing ID ML81916464

Sold Date 01/03/24

Bedrooms 7

HOA Y/N No

Year Built 1948

Lot Size 0.423 Acres

Acres 0.42

Property Description

Located in the highly desirable Willows Neighborhood close to downtown Palo Alto, Burgess Recreation Center, Willow Oaks Park, Menalto Shops, schools, commute routes and many top Silicon Valley employers these two duplexes offer endless possibilities. Add value by improving the current units, add footage, combine with 1950 Menalto to create a six unit income producing property on over 28k sq ft lot or consider redevelopment. Financials are pro forma -- based on current market rents, not actual rents. Great unit mix, spacious rooms, separate yards, inside laundry, attached garages, extra parking and served by top rated Menlo Park schools make this a savvy investment.

Location

State CA

County San Mateo

Area Listing

Zoning R200

Interior

Heating Natural Gas, Wall Furnace

Cooling Ceiling Fan(s)

Flooring Hardwood, Tile

Fireplace No

Building

Lot Description Level

New Construction No

Schools

School District Sequoia Union High

Others

Tax ID 063430110

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Bridge MLS
Listed by Omar M. Kinaan • Golden Gate Sotheby's International Realty
Bought with SameerSingh

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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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