472 Waverley ST, Menlo Park, CA 94025 – ML81984143

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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

$5,300,000

Est. payment - /mo

5 Beds

3 Baths

6,842 SqFt

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UPDATED:

10/25/2024 07:20 AM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,842 sqft

Price per Sqft $774

MLS Listing ID ML81984143

Bedrooms 5

Full Baths 3

Year Built 1952

Lot Size 0.303 Acres

Property Description

Two Prime Menlo Park Triplexes 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.

Location

State CA

County San Mateo

Area Middlefield To El Camino Menlo Park

Zoning R3

Interior

Heating Gas, Wall Furnace

Cooling None

Exterior

Garage Carport

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 062-405-100

Security Features Security Lights

Special Listing Condition Not Applicable

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Listed by Matthew Thomson • Compass

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Matt Cossell

+1(408) 761-3271

Top 1% Realtor | License ID: 01382971

Top 1% Realtor License ID: 01382971