265 Waverley St, Menlo Park, CA, CA 94025

$3,600,000
5,423
SqFt

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List Price
$3,600,000
Status
ACTIVE
MLS#
ML82052301
County
San Mateo
Year Built
1956
Building Square Feet
5,423
Square Feet
7,760
Days on Market
34
Property Type
Multifamily

Property Description

Exceptional investment opportunity in the highly sought-after Linfield Neighborhood, one of the Peninsula's premier rental locations. Ideally situated just minutes from downtown Menlo Park, downtown Palo Alto, Stanford University, Burgess Park, Meta, shopping, dining, and major employers. This well-maintained four-unit apartment building features an excellent unit mix: (1) 3-BR/2BA, (1) 2-BR/2BA, (1) 2-BR/1BA, (1) 1-BR/1BA , all with attractive and functional floor plans. Two units offer private patios, while 1 upper unit features expansive rooftop decks. Each apartment has its own water heater. Located within an excellent school district, this property offers strong rental demand and significant upside potential, making it an outstanding investment for both seasoned and first-time investors.

Additional Information

Taxes
$37,000
Parcel Number
062452040
Gross Scheduled Income
$115,135
Number of Buildings
1
Heat
Central
Cooling
Yes
Roof
Composition, Shingle
Garage Spaces Total
4
Water
Public
School District
Other
Elementary School
Other
Middle School
Hillview
High School
Menlo-Atherton

Listing courtesy of Listing Agent: Jenny Teng (jenny.teng@compass.com) from Listing Office: Compass.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.