280 Waverley Street , Menlo Park, CA 94025
Menlo Park, CA 94025
Description
First time to market since 1957! This 6-unit apartment building has been owned by the same family since constructed in 1957. Well maintained and professionally managed. Located in the highly desirable Linfield Oaks area of Menlo Park. Just 1.2 miles from Downtown Menlo Park and just 1.4 miles from Downtown Palo Alto. Large attractive units, most with private decks or patios. The unit mix consists of one large 2 BD/2 BA unit with a large, private redwood deck; two large 2 BD/1 BA units, one with a private deck and the other with a private patio; and three large 1 BD/1 BA units, two with private patios. Average rent for the 1BD units is $2,533 and the average rent for the 2BD units is $2,998. Units 2 & 6 have been renovated. Upside potential in the other units through renovation and raising rents to market levels. All the units have forced air heating and individual hot water heaters, tuck-under parking and a storage closet. On-site laundry room which is currently offered at no-charge to tenants. The building has been well maintained and has had numerous improvements over the years. Close to DT Menlo Park and DT Palo Alto, Stanford University, Stanford Shopping Center and major high-tech employers such as Facebook, Google, Linked-In, Apple, Netflix... and countless others!
Details
| MLS# | ML81969215 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1957 |
| Days On Site | 94 |
| Listing Provided By | SiliconValley MultiFamilyGroup 408-356-1900 | Michael Shields |
Features
| SQ Feet | 6,935 |
|---|---|
| Car Port | Yes |
| Building(s) | 1 |
| Zoning | R3 |
| Acreage | 0.21 |
Market Activity 94025
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Learn More About This Property
| State | CA |
|---|---|
| County | San Mateo |
| City | Menlo Park |
| Zip Code | 94025 |
| Area | 699 Not Defined |
| Listing VS Median (in 94025) | |
Price: $3,700,000 low | high Med: $3,700,000 SqFt: 6,935 low | high Med: 6,935 $ / SqFt: $534 low | high Med: $534 On Site: 94 low | high Med: 94.000000 | |