Menlo Park CA Land for Sale
$2,500,000
1304 Madera Avenue Menlo Park, CA 94025
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Baths:
- MLS#:
- ML81986980
ADDITIONAL INFORMATION
Don't miss out on this SB9 investment opportunity to split this lot into two parcels and build two homes on each lot. Plans are in process with the City of Menlo Park. This property is located two blocks from Facebook and near to proposed Willow Village development. The demo permits have been approved. 1st round of comments back and being resubmitted 11/20. Once building permits are approved the house will be demo'ed and the lot split can be approved. Will need a HOA and CC&R's. Buyers are encouraged to check with the city for more information.
Menlo Park Real Estate
The median home value in Menlo Park, CA is $2,405,000. This is higher than the county median home value of $1,488,500. The national median home value is $338,100. The average price of homes sold in Menlo Park, CA is $2,405,000. Approximately 52.08% of Menlo Park homes are owned, compared to 37.64% rented, while 10.28% are vacant. Menlo Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Menlo Park real estate agent to arrange a tour today!
Menlo Park, California has a population of 33,677. Menlo Park is more family-centric than the surrounding county with 43.21% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Menlo Park, California is $179,913. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in Menlo Park is 38.4 years.
Menlo Park Weather
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 17.1 inches per year, with 0 inches of snow per year.