1001 El Camino Real Active

Menlo Park,CA 94025

$ 3832000

3 Beds

0 Bath

4905 SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 4,905 sqft

Price per Sqft $781

MLS Listing ID ML81984239

Bedrooms 3

HOA Y/N No

Year Built 1923

Lot Size 3,049 Sqft

Acres 0.07

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

Area Listing

Zoning CL00

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Schools

School District Sequoia Union High

Others

Tax ID 071287080

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