201 El Camino Real and 612 Cambridge Ave is a foreclosure investment opportunity, featuring a three-parcel assemblage that includes a 100% vacant fourplex, retail space and land, all requiring extensive renovations.
The subject properties encompass a total of 23,160 square feet lot size, equivalent to 0.53 acres. 201 El Camino Real features a spacious 5,880 square feet retail/office building with a large parking lot on its own separate lot. The retail building was originally constructed in 1937 and features a lot size of approximately 7,390 square feet. The parking lot features approximately 7,905 square feet. 612 Cambridge Ave is a 4-unit multifamily asset comprising 2,624 square feet of interior space offering 1 two-bedroom and 3 one-bedroom units. 612 Cambridge features a lot size of approximately 7,865 square feet.
The investment appeal of this asset is driven by Menlo Park's low vacancy levels and strong employment fundamentals. With a world-class location near major attractions and institutions such as Stanford University, Stanford Shopping Center, and Downtown Menlo Park, 201 El Camino Real & 612 Cambridge Ave is truly an exceptional investment opportunity.