Active
1001 El Camino Real
Menlo Park CA, 94025
$3,832,000
$781.24 per sqft
Active
4,905 sqft
Multi-family
Built in 1923
Listed by William Harrigan with Intero Real Estate Services 408-828-8249
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.
ML81984239
MLSⓇ ID
October 18, 2024
Listed
January 20, 2025
Updated
Map
1001 El Camino Real
Menlo Park CA, 94025
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
Corners Marked
School Information
School District
Other
Other Property Details
Area Name
699 - Not Defined
Taxes
$42,415
Tax Frequency
Annually
Days on Market
94
Garage
No
Parking Total
0
View
No
County
San Mateo
Water Source
Public
Pool
No
Zoning
CL00C3
Listing History
Date | Event | Price |
|---|---|---|
11/4/2024 | Price change | $3,832,000 -2% |
Listing Contact: (510) 651-6500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/20/2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 1/20/2025 at 8:38 PM UTC