Menlo Park CA Multi Family for Sale
$4,888,888
660 Roble Avenue Menlo Park, CA 94025
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- ML81985430
View additional info
Courtesy: Marcus & Millichap
ADDITIONAL INFORMATION
Marcus & Millichap is pleased to present the opportunity to acquire 660 Roble Avenue, an eight-unit multifamily property in Menlo Park. This is a tremendous opportunity for an investor to acquire a property not just in the heart of the Silicon Valley but also one of the most affluent communities in the United States. 660 Roble Avenue is an eight-unit multifamily property located in one of the most desired areas of Menlo Park. The property sits on a 0.2 acre lot. Among the amenities are on-site laundry, individual carports for each unit along with ample street parking. Its location is one of the most desired in Menlo Park, making it highly coveted by tenants. Downtown Menlo Park is a few blocks away with over 50 shops, restaurants, and services that include Draegers Market, Walgreens, and Amicis East Coast Pizzeria. Residents are also a short drive away from Stanford Mall and Downtown Palo Alto. Residents have easy access to El Camino Real, which offers a direct route to most major cities in the South Bay and the Peninsula. Menlo Park is a sought-after destination for investors and residents. Its also one of the most valued cities with the average median home price being over $3.2M (as of June 2024).
$3,832,000
1001 El Camino Real Menlo Park, CA 94025
- Type:
- Mixed Use
- Sq.Ft.:
- 4,905
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- ML81984239
ADDITIONAL INFORMATION
SELLER FINANCING @ 4% per annum ? Quality "mixed use" property on El Camino Real! (5 units total) Downstairs there is a Mtn. Mike's Pizza with a secure 15 year lease with (2) five year options. Upstairs there are (4) quality residential units (nicely remodeled) with long term tenants. Top location in Menlo Park with secure income stream from the (NNN) triple net lease from Mtn. Mike's Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Currently under professional management by (IPS) Income Property Services. Call listing agent for full cash flow analysis or open the disclosures.
$2,650,000
462 Waverley Street Menlo Park, CA 94025
- Type:
- Triplex
- Sq.Ft.:
- 3,421
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- ML81984142
ADDITIONAL INFORMATION
Prime Menlo Park Triplex located in highly desirable Linfield Oaks Neighborhood. Two separate, identical triplexes on adjacent lots that can be sold separately or together as a 6-unit property. Attractive unit mixes at each property: (2) Large Two-Bedroom / One Bath Units & (1) One-Bedroom / One-Bath Unit. Spacious layouts and NO SHARED WALLS between units creating a home-style living environment for tenants. All apartments benefit from in-unit laundry. Rear units are designed as Owner's Unit with oversized 2-bedroom layouts, dedicated dining areas, fireplaces, hardwood floors, French doors, and large private backyards. One tuck-under parking space per unit, with potential for additional tandem or off-street parking. Excellent add-value opportunity to increase rents over time with higher end interior renovations and converting tuck-under parking to ADU. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 100! Feeds into prestigious Menlo Park School Districts.
$5,300,000
472 Waverley Street Menlo Park, CA 94025
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- ML81984143
View additional info
Courtesy: Compass
ADDITIONAL INFORMATION
Two Prime Menlo Park Triplexes located in highly desirable Linfield Oaks Neighborhood. Two separate, identical triplexes on adjacent lots that can be sold separately or together as a 6-unit property. Attractive unit mixes at each property: (2) Large Two-Bedroom / One Bath Units & (1) One-Bedroom / One-Bath Unit. Spacious layouts and NO SHARED WALLS between units creating a home-style living environment for tenants. All apartments benefit from in-unit laundry. Rear units are designed as Owner's Unit with oversized 2-bedroom layouts, dedicated dining areas, fireplaces, hardwood floors, French doors, and large private backyards. One tuck-under parking space per unit, with potential for additional tandem or off-street parking. Excellent add-value opportunity to increase rents over time with higher end interior renovations and converting tuck-under parking to ADU. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 100! Feeds into prestigious Menlo Park School Districts.
$2,550,000
1014 Madera Ave Menlo Park, CA 94025
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1958
- Baths:
- MLS#:
- 41065725
ADDITIONAL INFORMATION
Fourplex Available in Highly Desirable Menlo Park Large Units featuring (2) 2BR/1BA units and (2) 1BR/1BA units 4 Garage Spaces - Additional Off Street 1014 Madera Ave is situated in a highly sought-after area of Menlo Park, celebrated for its suburban charm, tree-lined streets, and proximity to major tech companies and Stanford University. Madera Ave is predominantly a residential street, featuring well-maintained single-family homes in a quiet, family-friendly neighborhood. This location offers easy access to numerous amenities, including schools, parks, shopping centers, and Downtown Menlo Park, which boasts a variety of restaurants and shops. Madera Ave is well-connected to major roads and highways, providing a convenient commute to nearby cities like Palo Alto, Redwood City, and San Francisco. It is close to El Camino Real, a major thoroughfare running through the Peninsula. For those in the tech industry, this location is particularly advantageous, promising quality tenants and high rents for future owners. It is in close proximity to Facebook’s headquarters, Google’s campus in Mountain View, and other major tech companies. In summary, 1014 Madera Ave is in a highly desirable location due to its residential appeal, convenient amenities, and excellent connectivity.
Menlo Park Real Estate
The median home value in Menlo Park, CA is $2,417,500. 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 $2,417,500. 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.