Menlo Park, CA 94025,Address not disclosed
Menlo Park, CA 94025,Address not disclosed
Menlo Park, CA 94025,Address not disclosed
11
$3,250,000
$3,350,000
3.0%
Est.Price: ?

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2,456 SqFt

Address not disclosed Menlo Park, CA 94025

Est. payment /mo
SOLD DATE : 06/28/2019

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Key Details

Sold Price $3,250,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,456 sqft

Price per Sqft $1,323

MLS Listing ID ML81736065

Sold Date 06/28/19

HOA Y/N No

Year Built 1951

Annual Tax Amount $36,897

Lot Size 7,535 Sqft

Property Sub-Type Quadruplex

Property Description

The 1x1 units have large light filled open floor plans with walk in pantry in kitchen with eating area and a large master bedroom and vanity area off master bathroom. Large walk in storage are on the first floor below the stairwell could be rented as bike locker or storage for additional income. Pitched composite roof and all dual pane windows. Ample parking with 4 carport parking spaces with storage lockers and 2 open parking spaces. The property appears to have all copper plumbing (buyer to verify). All units appear to have hardwood flooring under the carpets throughout the units other than the kitchen and bathroom area (buyer to verify). Rents are well below market. Unit #2 is vacant, financial information assumes market rent. Unit 1 will be vacant by May 31, 2019 and current rent assumes furnished market rent. Market GRM: 17.46 and Market Cap: 4.03%

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R30000

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile, Wood

Fireplace No

Exterior

Parking Features Covered

Carport Spaces 4

Roof Type Composition

Accessibility None

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 071302080

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brian Henry • Cornish & Carey Commercial
Bought with Michael Johnston • Compass

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agent

Renaldo Wilson

Company | License ID: DRE# 02103516

+1(951) 458-3226

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