938 Alice LN, Menlo Park, CA 94025
938 Alice LN, Menlo Park, CA 94025
938 Alice LN, Menlo Park, CA 94025
938 Alice LN, Menlo Park, CA 94025
938 Alice LN, Menlo Park, CA 94025
938 Alice LN, Menlo Park, CA 94025
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Listed by Jimmy Castellanos • Marcus & Millichap, DRE#02024152
$ 3,200,000
Est. payment | /mo

5 Beds

4.5 Baths

4,162 SqFt


Save
$ 3,200,000
Est. payment | /mo
Save

5 Beds

4.5 Baths

4,162 SqFt

Open House

Fri Jun 05, 12:00pm - 1:00pm

Sat Jun 06, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,162 sqft

Price per Sqft $768

MLS Listing ID ML82049437

Bedrooms 5

Full Baths 4

Half Baths 1

Year Built 1922

Lot Size 0.351 Acres

Property Sub-Type Fourplex

Property Description

4-unit cottage style multifamily property + 1 non-conforming 5th unit (two duplexes and one cottage on large 15K+ SF lot in the heart of Menlo Park). 938 Alice Lane is a rare opportunity to acquire a well-located multifamily asset in the heart of Menlo Park, one of the Peninsulas most affluent and supply-constrained rental markets. The property consists of four legal units plus one non-conforming unit across three separate structures. Offered for sale by the original owner/builder, this well-maintained property has been carefully cared for over the years. Two of the units have undergone extensive renovations within the past 20 years, while the remainder of the property continues to showcase its timeless charm and character. It is conveniently located next to University Drive and a short walk to Downtown Menlo Park.

Location

State CA

County San Mateo

Area Allied Arts / Downtown

Zoning R3

Interior

Heating Central Forced Air, Wall Furnace

Cooling Central AC, Window / Wall Unit

Laundry Washer/Dryer - Some Units

Exterior

Parking Features Assigned Spaces, Carport , Detached Garage

Garage Spaces 2.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Story 1

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 071-302-120

Security Features None

Horse Property No

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)

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938 Alice LN