Active
1001 El Camino Real
Menlo Park CA, 94025
$3,832,000
$781.24 per sqft
Active
3 Beds
4,905 sqft
Residential
Built in 1923
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
January 21, 2025
Updated
Map
1001 El Camino Real
Menlo Park CA, 94025
Interior Features
Bedrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.07 Acres
School Information
School District
Sequoia Union High
Other Property Details
Area Name
Menlo Park
Garage
No
View
No
County
San Mateo
Pool
No
Zoning
CL00
Listing History
Date | Event | Price |
---|---|---|
11/4/2024 | Price change | $3,832,000 -2% |
Listed by William Harrigan with Intero Real Estate Services
Listing Contact: 408-828-8249
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