Bought with Mojey Ghafouri-daryani • NuAddress Agency
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971-977 Oak LN Menlo Park, CA 94025
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Key Details
Sold Price $4,800,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,088 sqft
Price per Sqft $943
MLS Listing ID ML82053190
Bedrooms 8
Full Baths 4
Year Built 1949
Lot Size 0.346 Acres
Property Sub-Type Fourplex
Property Description
Rare Compound-Style Investment Opportunity. 4 Beautiful Side-by-Side Homes in Downtown Menlo Park. Tucked away on a private lane, this unique property features two separate duplex buildings designed to function like four individual single-family homes. The only shared walls are at the garages, creating an uncommon level of privacy and separation for tenants or homeowners. Ideally situated just off University Drive, the property is conveniently located near: Downtown Menlo Park, Nealon Park, Draegers, Stanford Shopping Center, and Downtown Palo Alto. Strong Rental Income Potential. The property currently has 3 of the 4 units leased, providing immediate income with future upside. Award Winning Oak Knoll School District
Location
State CA
County San Mateo
Area Allied Arts / Downtown
Zoning R3
Interior
Heating Other
Cooling None
Flooring Hardwood
Exterior
Parking Features Attached Garage
Garage Spaces 1.0
Utilities Available Public Utilities
Roof Type Composition
Building
Story 1
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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