23
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$4,950,000
Est. payment /mo
5,088 SqFt
Active
971977 Oak LN Menlo Park, CA 94025
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,088 sqft
Price per Sqft $972
MLS Listing ID ML82053190
HOA Y/N No
Year Built 1949
Annual Tax Amount $12,000
Lot Size 0.346 Acres
Property Sub-Type Quadruplex
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 699 - Not Defined
Zoning R3
Interior
Cooling None
Flooring Wood
Fireplace No
Exterior
Garage Spaces 1.0
Carport Spaces 1
Garage Description 1.0
View Y/N No
Roof Type Composition
Accessibility Parking
Total Parking Spaces 1
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Oak Knoll
Middle Schools Hillview
High Schools Menlo-Atherton
School District Other
Others
Tax ID 0712920100
Special Listing Condition Standard
Listed by Keri Nicholas Parc Agency Corporation #01198898