1001 El Camino Real Active Save Request In-Person Tour Request Virtual Tour
Menlo Park,CA 94025
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
Others
Special Listing Condition Not Applicable