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Listed by Jimmy Castellanos • Marcus & Millichap
$ 3,200,000
Est. payment | /mo
4,162 SqFt
$ 3,200,000
Est. payment | /mo
4,162 SqFt
Open House
Fri Jun 05, 12:00pm - 1:00pm
Sat Jun 06, 11:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,162 sqft
Price per Sqft $768
MLS Listing ID ML82049437
HOA Y/N No
Year Built 1922
Lot Size 0.351 Acres
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
4-unit cottage style multifamily property + 1 non-conforming 5th unit (two duplexes and one cottage on large 15K+ SF lot in the heart of Menlo Park). 938 Alice Lane is a rare opportunity to acquire a well-located multifamily asset in the heart of Menlo Park, one of the Peninsulas most affluent and supply-constrained rental markets. The property consists of four legal units plus one non-conforming unit across three separate structures. Offered for sale by the original owner/builder, this well-maintained property has been carefully cared for over the years. Two of the units have undergone extensive renovations within the past 20 years, while the remainder of the property continues to showcase its timeless charm and character. It is conveniently located next to University Drive and a short walk to Downtown Menlo Park.
Location
State CA
County San Mateo
Interior
Heating Forced Air, Wall Furnace
Fireplace No
Building
Water Public
Schools
School District Sequoia Union High, Menlo Park City Elementary
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