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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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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with SameerSingh
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122