462 Waverley St - Apartments FOR SALE


Menlo Park, CA 94025- Linfield Oaks
$2,497,500 USD
650-274-5227
462 Waverley St, Menlo Park, CA for Sale
$2,497,500 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

462 Waverley St
Menlo Park, CA 94025
Linfield Oaks


HIGHLIGHTS

  • One-Time-Only Open House: Thurs 10/25, 10am to Noon

OVERVIEW

PRICE REDUCED TO SELL. SEE HOW THIS COMPARES WITH THE SALES COMPARABLES IN OUR OM! Two separate, identical triplexes on adjacent lots that can be sold separately or together (462 & 472 Waverley Street). $2.65M each. Attractive unit mixes at each property: (2) Large Two-Bedroom / One Bath Units & (1) One-Bedroom / One-Bath Unit. Spacious layouts and NO SHARED WALLS between units creating a home-style living environment for tenants. All apartments benefit from in-unit laundry. Rear units are designed as Owner's Unit with oversized 2-bedroom layouts, dedicated dining areas, fireplaces, hardwood floors, French doors, and large private backyards. One tuck-under parking space per unit, with potential for additional tandem or off-street parking. Excellent add-value opportunity to increase rents over time with higher end interior renovations and converting tuck-under parking to ADU. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 100! Feeds into prestigious Menlo Park School Districts. Open house tour of all units Thurs 10/24 from 10am to noon. One-time-only!

FOR SALE DETAILS

PRICE

$2,497,500 USD

PRICE/SF

$730 USD /SF

# OF UNITS

3

PRICE/UNIT

$832,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

462 - 466 Waverley St, Menlo Park Triplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

062-405-090,062-405-100

ASK ABOUT THIS PROPERTY

Bryan DanforthCompass CommercialMore Info
650-274-5227

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Bryan DanforthCompass CommercialMore Info
650-274-5227

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