Active
1001 El Camino Real
MENLO PARK CA, 94025
$3,832,000
$781.24 per sqft
Active
4,905 sqft
Residential
Built in 1923
Listed by Intero Real Estate Services, William Harrigan, Listing Contact: 4088288249
SELLER FINANCING @ 4% per annum ? 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 (NNN) triple net lease from Mtn. Mike's Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Currently under professional management by (IPS) Income Property Services. Call listing agent for full cash flow analysis or open the disclosures.
ML81984239
MLSⓇ ID
October 18, 2024
Listed
November 22, 2024
Updated
Map
1001 El Camino Real
MENLO PARK CA, 94025
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Roof
Composition
School Information
School District
Menlo Park City Elementary
Other Property Details
Area Name
Allied Arts / Downtown
Garage
No
View
No
County
San Mateo
Water Source
Public
Pool
No
Zoning
CL00C3
Listing History
Date | Event | Price |
|---|---|---|
11/4/2024 | Price change | $3,832,000 -2% |
Listed by Intero Real Estate Services, William Harrigan,
Listing Contact: 4088288249
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Michael Hall | CA DRE# 01133676 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 4:50 AM UTC, 11/22/2024