Menlo Park, CA 94025,780800 Arbor RD
Menlo Park, CA 94025,780800 Arbor RD
Menlo Park, CA 94025,780800 Arbor RD
Menlo Park, CA 94025,780800 Arbor RD
Menlo Park, CA 94025,780800 Arbor RD
Menlo Park, CA 94025,780800 Arbor RD
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$4,300,000

$4,500,000

4.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.28 Acres Lot


SOLD DATE : 09/20/2024

Key Details

Sold Price $4,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81973762

Sold Date 09/20/24

HOA Y/N No

Year Built 1954

Annual Tax Amount $56,099

Lot Size 0.280 Acres

Property Description

780-800 Arbor Road is an eight-unit multifamily property located in downtown Menlo Park. The unit mix is (8) 1 bedroom / 1 bathroom that average 759 sf each per county records (buyer to verify). The property sits on a 0.28 acre (12,327 Sqft) lot. Among the amenities are on-site laundry (owned not leased), individual carports for each unit along with ample street parking. The property has been well maintained under the current owner for over 30 years. 780-800 Arbor is being offered at the highest cap rate currently seen in Menlo Park. It presents an excellent value-add opportunity for a savvy investor to own in one of the most desirable markets in the country.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Heating Floor Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 8

Roof Type Composition,Shingle

Building

Water Public

Schools

School District Other

Others

Tax ID 071291240

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Carlos Azucena • Marcus & Millichap
Bought with Yura Wang • Real Estate eBroker Inc
agent-avatar

+1(661) 210-9456

info@makerealestatefun.com

Valencia, CA, United States

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