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1950 Menalto Avenue

Menlo Park, CA 94025
  • $2,000,000
  • STATUS: Closed
  • ON SITE: 493 Days
  • ID#: ML81916462
Sold - 01/03/2024
$2,000,000
SOLD - 01/03/2024
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,340
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Omar M. Kinaan of Golden Gate Sotheby's International Realty (650-847-1141)


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 this duplex offers endless possibilities. Add value by improving the current units, add footage, combine with 1952 Menalto to create a six unit income producing property or consider redevelopment. Great unit mix, spacious rooms, separate yards, inside laundry, detached garages, extra parking and served by top rated Menlo Park schools make this a savvy investment. Rents and all financials are Pro Forma -- based on current estimates.

Sold by Sameer Singh of .

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T00:37:59.79. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/136144778
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1950 Menalto Avenue Menlo Park, CA 94025

  • Price: $2,095,000
  • Status: Closed
  • On Site: 493 Days
  • ID#: ML81916462
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1,340
SQFT
$0
$/SQFT
1921
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
Elementary School:
Laurel
Middle School:
Hillview
High School:
Menlo-Atherton
School District:
Other
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 this duplex offers endless possibilities. Add value by improving the current units, add footage, combine with 1952 Menalto to create a six unit income producing property or consider redevelopment. Great unit mix, spacious rooms, separate yards, inside laundry, detached garages, extra parking and served by top rated Menlo Park schools make this a savvy investment. Rents and all financials are Pro Forma -- based on current estimates.
Exterior Features

Architectural Style Bungalow Carport Spaces 0 Lot Features Level Parking Total 2 Roof CompositionShingle View YN No

Interior Features

Accessibility Features None Cooling YN Yes Flooring CarpetLaminateTile Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Buyer Financing Conventional Cap Rate 1.83 Garage YN Yes Gross Scheduled Income 75000 Insurance Expense 1217 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 250 Other Expense 0 Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 23045 Trash Expense 568 Water Source Well Zoning R20000



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T00:37:59.79. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Omar M. Kinaan of Golden Gate Sotheby's International Realty (650-847-1141)