1001 El Camino Real
Menlo Park, CA 94025
4905 sqft | 0.07 acres | #ML81984239
Description
SELLER FINANCING to Qualified Buyer. 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 net lease from Mtn. Mike's Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Walk Score is 90+. No parking needed for residential tenants. All tenants walk or ride bike to local jobs. This is a Commercial Leased property with res. units as a bonu Call listing agent for full cash flow analysis.
Property Details
- Lot DescriptionCornersMarked
- Property TypeMulti-Family
- Original List Price$3,900,000
- MLS #ML81984239
- MLS #ML81984239
- CountySan Mateo
- Property SubtypeMixedUse
- Taxes Annual$48,610
- Cost3710000
- Utility SourcePublic
- School DistrictOther
- Acres0.07
- Square Feet4905
- Year Built1923
- FoundationSlab
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: William Harrigan (#ML5093413)
Listing Office: Intero Real Estate Services (#ML33259)
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