Menlo Park, CA 94025,780-800 Arbor RD
Menlo Park, CA 94025,780-800 Arbor RD
Menlo Park, CA 94025,780-800 Arbor RD
12
$4,300,000
$4,500,000
4.4%
Est.Price: ?

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1 BD
1 BA
6,072 SqFt

780-800 Arbor RD Menlo Park, CA 94025

Est. payment /mo
SOLD DATE : 09/20/2024

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Key Details

Sold Price $4,300,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,072 sqft

Price per Sqft $708

MLS Listing ID ML81973762

Sold Date 09/20/24

Bedrooms 1

Full Baths 1

Year Built 1954

Lot Size 0.280 Acres

Property Description

780-800 Arbor Road is an eight-unit multifamily property located in downtown Menlo Park. The unit mix is (8) 1 bedroom / 1 bathroom that average 759 sf each per county records (buyer to verify). The property sits on a 0.28 acre (12,327 Sqft) lot. Among the amenities are on-site laundry (owned not leased), individual carports for each unit along with ample street parking. The property has been well maintained under the current owner for over 30 years. 780-800 Arbor is being offered at the highest cap rate currently seen in Menlo Park. It presents an excellent value-add opportunity for a savvy investor to own in one of the most desirable markets in the country.

Location

State CA

County San Mateo

Area Pedro Point

Zoning R3

Interior

Heating Floor Furnace

Cooling None

Exterior

Garage Carport , On Street

Utilities Available Public Utilities

Roof Type Composition,Shingle

Building

Foundation Wood Frame

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 071-291-240

Security Features None

Special Listing Condition Not Applicable

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MLSListings Inc. (MLSListings)
Listed by Carlos Azucena • Marcus & Millichap
Bought with Yura Wang • Real Estate eBroker Inc

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OMID LARIJANI

Agent | License ID: 01759040

+1(408) 400-0004

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