Menlo Park, CA 94025,1001 El Camino Real
Menlo Park, CA 94025,1001 El Camino Real
Menlo Park, CA 94025,1001 El Camino Real
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$3,832,000
Est. payment /mo
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3 BD
4 BA
4,905 SqFt
Price Dropped by $68K

1001 El Camino Real Menlo Park, CA 94025

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The Ruiz Group Real Estate

The Ruiz Group Real Estate

+1(831) 917-8526

UPDATED:

11/04/2024 10:58 PM

Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 4,905 sqft

Price per Sqft $781

MLS Listing ID ML81984239

Bedrooms 3

Full Baths 4

Year Built 1923

Lot Size 3,049 Sqft

Property Description

SELLER FINANCING @ 4% per annum ? 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 (NNN) triple net lease from Mtn. Mike's Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Currently under professional management by (IPS) Income Property Services. Call listing agent for full cash flow analysis or open the disclosures.

Location

State CA

County San Mateo

Area Allied Arts / Downtown

Zoning CL00C3

Interior

Heating Wall Furnace

Cooling Central AC

Exterior

Parking Features On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Rolled Composition

Building

Lot Description Corners Marked

Story 2

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Level or Stories 2

Others

Tax ID 071-287-080

Security Features None

Horse Property No

Special Listing Condition Not Applicable


MLSListings Inc. (MLSListings)
Listed by William Harrigan • Intero Real Estate Services

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The Ruiz Group Real Estate

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1001 El Camino Real