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1952 Menalto Avenue

Menlo Park, CA 94025
  • $3,495,000
  • STATUS: Active
  • ON SITE: 134 Days
  • ID#: ML81916464
UPDATED: 66 min ago
$3,495,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,045
    SQFT
  • $693
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
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 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-02T12:32:27.52. 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/136147429
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1952 Menalto Avenue Menlo Park, CA 94025

  • Price: $3,495,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 66 min ago
  • ID#: ML81916464
0
Beds
0
Baths
0
½ Baths
0.42
Acres
5,045
SQFT
$693
$/SQFT
1948
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 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.
Exterior Features

Architectural Style Bungalow Carport Spaces 0 Foundation Details Concrete Perimeter Lot Features Flag LotLevel Parking Total 4 Roof CompositionShingle

Interior Features

Accessibility Features None Flooring CarpetTileWood Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 2.94 Garage YN Yes Gross Scheduled Income 168000 Insurance Expense 2882 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 250 Other Expense 0 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 38500 Trash Expense 0 Water Source Well Zoning R20000



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-02T12:32:27.52. 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)