1001 El Camino Real, Menlo Park, CA 94025
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.
Features
| Cooling | Central AC |
| Existing Lease Term(s) | 11-15 Years Lease, Lease Agreement - Written |
| Garage Parking Features | On Street |
| Heating | Wall Furnace |
| Horse Property | No |
| Listing Class | Residential Income (2-4 units) |
| Lot Description | Corners Marked |
| No of Stories | 2 |
| Roof | Rolled Composition |
| Security Features | None |
| Sewer Septic | Sewer Connected |
| Subclass | Mixed Use or Other Multi-Unit |
| Water | Public |
Community Info
Local Schools | |
Local Utilities | Recreation |
Restaurants | Home and Garden |
Schools
Comments
|
Comment Type:
|
||
|
Your comment:
|
||
| Type the Code Below | ||
You will need to login to view or add any comments on this property.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be,verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system.
Real estate listings held by brokerage firms other than listing brokerage are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
© 2018 MLSListings. All rights reserved.
This data is updated every 15 minutes. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Updated on 11/23/2024
Property Information
- MLS:
- ML81984239
- Type:
- Mixed Use or Other Multi-Unit
- Year Built:
- 1923
- Listed:
- 10/18/2024
- Interior:
- 4,905
- Lot Size:
- 3,049
- Schools:
- GS Dist: Menlo Park City Elementary District
HS Dist: Sequoia Union High District
 | LP: $3,998,888 Redwood City,94061 |
 | LP: $3,500,000 Palo Alto,94306 |
 | SP: $3,200,000 LP: $3,550,000 Palo Alto,94306 |
 | SP: $3,450,000 LP: $3,450,000 Menlo Park,94025 |
 | SP: $3,500,000 LP: $3,500,000 Palo Alto,94301 |
 | LP: $3,832,000 Menlo Park,94025 |
All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.