1001 El Camino Real - Apartments FOR SALE


Menlo Park, CA 94025- Downtown Menlo Park
$3,710,000 USD
408-828-8249
1001 El Camino Real, Menlo Park, CA for Sale
$3,710,000 USD
Apartments - FOR SALE
1/16
null | 4.85% Cap Rate

1001 El Camino Real
Menlo Park, CA 94025
Downtown Menlo Park


HIGHLIGHTS

  • Ground Floor Leased with a 20-Year Net Lease Tenant to Mountain Mike's Pizza
  • Dynamic North San Francisco Peninsula Location
  • Four Remodeled Residential Units Upstairs

OVERVIEW

JUST LISTED | Mountain Mike’s Pizza 1001 El Camino Real | Menlo Park, CA Units: 4 Residential + 1 Commercial Retail Building Size: 4,905 SF | Lot Size: 2,884 SF Exceptional Menlo Park Investment Opportunity - Investors have the opportunity to acquire a rare mixed-use asset in one of the most dynamic and desirable locations on the Peninsula. Located Near Multiple Highly Renowned Educational Institutions Including Stanford University, Menlo College, Sacred Heart Prep, and Menlo-Atherton High School. Desirable Unit Mix - The subject property oers beautifully designed studio and one-bedroom floor plans with a NNN commercial retail space. Walker's Paradise - Located in the heart of Downtown Menlo Park and near Stanford Shopping Center an open-air shopping mall spans 1.4 million square feet and features high-end retailers including Neiman Marcus, Bloomingdale’s and Apple Excellent Transportation Corridors - 1001 El Camino Real oers tenants and residents easy access to Menlo Park Caltrain Station (the oldest train station in the Bay Area) Abundant Street Parking - Tenants, residents and guests enjoy convenient parking directly in front of the subject property along El Camino Real and the backside of the property

FOR SALE DETAILS

PRICE

$3,710,000 USD

PRICE/SF

$713 USD /SF

# OF UNITS

4

PRICE/UNIT

$927,500

CAP RATE

4.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Includes NNN Ground Lease

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CL00C3

APN/PARCEL ID

071-287-080

ASK ABOUT THIS PROPERTY

William HarriganIntero CommercialMore Info
408-828-8249

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William HarriganIntero CommercialMore Info
408-828-8249

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.