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938 Alice Ln
Menlo Park, CA 94025 Downtown Menlo Park

$3,200,000 USD

Multifamily For Sale • 4,162 SF

Property Details

Property Type Multifamily
Total Building Size 4,162 SF
Lot Size 0.35 AC
Year Built 1922
Cap Rate 3.77 %
Zoning R3

40 Transit Score

70 Walk Score

                
                    Highlights
                
                                Premier Menlo Park Location
                            
                                Two Duplexes + One Non-Conforming Cottage 
                            
                                Gut Renovation 20 Years Ago in Two Units 
                            
                                No City Rent Control Regulations 
                            
                                Original Owner-Builder, First Time Ever Offered for Sale

Cap Rate:

3.77 %

Amenities

Courtyard
Washer/Dryer

Public Transportation

Commuter Rail	Drive	Walk	Distance
Menlo Park Caltrain Station Southbound (Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain))	2 min	15 min	0.8 mi
Palo Alto Caltrain Station Southbound (Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain))	4 min	-	1.3 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	28 min	-	17.3 mi
San Francisco International	30 min	-	20.0 mi
Metro Oakland International	45 min	-	29.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

Jimmy Castellanos 408-483-5040 Marcus & Millichap

938 Alice Ln Menlo Park, CA 94025 Downtown Menlo Park