$3,832,000
1001 El Camino Real Menlo Park, CA 94025
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$3,832,000
Est. payment /mo
3 BD
4,905 SqFt
Active
1001 El Camino Real Menlo Park, CA 94025
UPDATED:
11/05/2024 10:15 AM
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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Listed by William Harrigan • Intero Real Estate Services
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