929 Alice Lane, Menlo Park, CA 94025

$3,100,000
3,168
SqFt

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List Price
$3,100,000
Status
ACTIVE
MLS#
ML82058193
Year Built
1949
Living Sq. Ft
3,168
Lot Size
7,865
Acres
0.18
Days on Market
0
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

929 Alice Lane offers an outstanding investment opportunity or an ideal option for an owner-occupier in the heart of downtown Menlo Park. Situated on a quiet cul-de-sac in a highly desirable residential neighborhood, this well-maintained four-unit property has been owned by the same family for approximately 42 years. The property features one spacious 3-bedroom, 2-bath unit and two 1-bedroom, 1-bath units, and 2-bedroom one bath unit. Utilities are paid by the tenants. Enjoy an excellent location within walking distance of Downtown Menlo Park and convenient access to Downtown Palo Alto. The property is also ideally situated near Stanford University, Menlo College, Sacred Heart Prep, and Menlo-Atherton High School. A rare opportunity for an investor or owner-occupier in one of the Peninsulas most desirable locations.

Additional Information

Taxes
$42,000
Appliances
Electric Cooktop, Electric Oven, Refrigerator, Vented Exhaust Fan
Cooling
Yes
Cooling Description
Central Air, Gas
Roof
Tar/Gravel
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Other
Elementary School
Oak Knoll
Middle School
Hillview
High School
Menlo-Atherton
Attached Structure
Detached
Gross Scheduled Income
$126,200

Listing courtesy of Listing Agent: Hossein Jalali (hdjalali@cbnorcal.com) from Listing Office: Coldwell Banker Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.