$3,832,000
1001 El Camino Real Menlo Park, CA 94025
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$3,832,000
Est. payment /mo
4,905 SqFt
Price Dropped by $68K
1001 El Camino Real Menlo Park, CA 94025
UPDATED:
11/05/2024 12:11 AM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,905 sqft
Price per Sqft $781
MLS Listing ID ML81984239
HOA Y/N No
Year Built 1923
Annual Tax Amount $42,415
Lot Size 3,049 Sqft
Property Description
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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning CL00C3
Interior
Heating Wall Furnace
Cooling Central Air
Fireplace No
Exterior
View Y/N No
Accessibility None
Building
Lot Description Corners Marked
Story 2
Foundation Slab
Water Public
Schools
School District Other
Others
Tax ID 071287080
Special Listing Condition Standard
Listed by William Harrigan • Intero Real Estate Services
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