Courtesy: Marcus & Millichap
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.
Courtesy: Compass
Prime Menlo Park Triplex located in highly desirable Linfield Oaks Neighborhood. Two separate, identical triplexes on adjacent lots that can be sold separately or together as a 6-unit property. Attractive unit mixes at each property: (2) Large Two-Bedroom / One Bath Units & (1) One-Bedroom / One-Bath Unit. Spacious layouts and NO SHARED WALLS between units creating a home-style living environment for tenants. All apartments benefit from in-unit laundry. Rear units are designed as Owner's Unit with oversized 2-bedroom layouts, dedicated dining areas, fireplaces, hardwood floors, French doors, and large private backyards. One tuck-under parking space per unit, with potential for additional tandem or off-street parking. Excellent add-value opportunity to increase rents over time with higher end interior renovations and converting tuck-under parking to ADU. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 100! Feeds into prestigious Menlo Park School Districts.
Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!
Fourplex Available in Highly Desirable Menlo Park Large Units featuring (2) 2BR/1BA units and (2) 1BR/1BA units 4 Garage Spaces - Additional Off Street 1014 Madera Ave is situated in a highly sought-after area of Menlo Park, celebrated for its suburban charm, tree-lined streets, and proximity to major tech companies and Stanford University. Madera Ave is predominantly a residential street, featuring well-maintained single-family homes in a quiet, family-friendly neighborhood. This location offers easy access to numerous amenities, including schools, parks, shopping centers, and Downtown Menlo Park, which boasts a variety of restaurants and shops. Madera Ave is well-connected to major roads and highways, providing a convenient commute to nearby cities like Palo Alto, Redwood City, and San Francisco. It is close to El Camino Real, a major thoroughfare running through the Peninsula. For those in the tech industry, this location is particularly advantageous, promising quality tenants and high rents for future owners. It is in close proximity to Facebook’s headquarters, Google’s campus in Mountain View, and other major tech companies. In summary, 1014 Madera Ave is in a highly desirable location due to its residential appeal, convenient amenities, and excellent connectivity.
Menlo Park is located in California. Menlo Park, California has a population of 33,677. Menlo Park is more family-centric than the surrounding county with 43.21% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Menlo Park, California is $179,913. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in Menlo Park is 38.4 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 17.1 inches per year, with 0 inches of snow per year.
