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Listed by William Harrigan • Intero Real Estate Services
$ 3,832,000
Est. payment /mo
Active
1001 El Camino Real Menlo Park, CA 94025
4,905 SqFt
UPDATED:
11/05/2024 05:12 PM
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,905 sqft
Price per Sqft $781
MLS Listing ID ML81984239
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1923
Lot Size 3,049 Sqft
Property Description
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.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Fireplace No
Building
Water Public
Schools
School District Sequoia Union High, Menlo Park City Elementary
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