Menlo Park, CA 94025,1001 El Camino Real
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Menlo Park, CA 94025,1001 El Camino Real
Menlo Park, CA 94025,1001 El Camino Real
Menlo Park, CA 94025,1001 El Camino Real
Menlo Park, CA 94025,1001 El Camino Real
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Listed by William Harrigan • Intero Real Estate Services
$ 3,710,000
Est. payment /mo
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Price Dropped by $122K

1001 El Camino Real Menlo Park, CA 94025

3 Beds

4 Baths

4,905 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 4,905 sqft

Price per Sqft $756

MLS Listing ID ML81984239

Bedrooms 3

Full Baths 4

Year Built 1923

Lot Size 3,049 Sqft

Property Sub-Type Multiple Dwellings / Structures

Property Description

SELLER FINANCING to Qualified Buyer. 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 net lease from Mtn. Mike's Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Walk Score is 90+. No parking needed for residential tenants. All tenants walk or ride bike to local jobs. This is a Commercial Leased property with res. units as a bonu Call listing agent for full cash flow analysis.

Location

State CA

County San Mateo

Area Allied Arts / Downtown

Zoning CL00C3

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Rolled Composition

Building

Lot Description Corners Marked

Story 2

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Level or Stories 2

Others

Tax ID 071-287-080

Security Features None

Horse Property No

Special Listing Condition Not Applicable


MLSListings Inc. (MLSListings)
agent

Alan Canas

PRIVATE OFFICE ADVISOR & LICENSED PARTNER | Realtor® | License ID: CA DRE #01793936

+1(415) 298-8940

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1001 El Camino Real