780-800 Arbor RD, Menlo Park, CA 94025

$4,500,000
6,072
SqFt
List Price
$4,500,000
Closing Date
Sep 20, 2024
MLS#
ML81973762
Status
PENDING (DO NOT SHOW)
Property Type
com
Sqft. of Residence
6,072
Lot Size
12,196
Listing Area
Pedro Point
Year Built
1954

Property Description

780-800 Arbor Road is an eight-unit multifamily property located in downtown Menlo Park. The unit mix is (8) 1 bedroom / 1 bathroom that average 759 sf each per county records (buyer to verify). The property sits on a 0.28 acre (12,327 Sqft) lot. Among the amenities are on-site laundry (owned not leased), individual carports for each unit along with ample street parking. The property has been well maintained under the current owner for over 30 years. 780-800 Arbor is being offered at the highest cap rate currently seen in Menlo Park. It presents an excellent value-add opportunity for a savvy investor to own in one of the most desirable markets in the country.

Additional Information

Acres
0.28
Age
70
Cooling System
None
Foundation
Wood Frame
Garage Parking
Carport, On Street
Heating System
Floor Furnace
Living Area
6,072
Lot Size
12,196
Neighborhood
Pedro Point
Other Utilities
Public Utilities
Roof
Composition, Shingle
Sewer
Sewer Connected
Special Features
Other
Unincorporated Yn
Yes
Zoning
R3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Carlos Azucena from Marcus & Millichap. 408-205-2679

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