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

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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

Year Built 1948

Annual Tax Amount $35,145

Lot Size 0.423 Acres

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 699 - Not Defined

Zoning R20000

Interior

Heating Wall Furnace

Flooring Carpet, Tile, Wood

Exterior

Garage Spaces 8.0

Garage Description 8.0

View Y/N No

Roof Type Composition,Shingle

Building

Lot Description Flag Lot, Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Well

Schools

Elementary Schools Laurel

Middle Schools Hillview

High Schools Menlo-Atherton

School District Other

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Omar M. Kinaan • Golden Gate Sotheby's International Realty
Bought with Sameer Singh
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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