$1054.42 Per Sq Foot $33,283 est/mo Sourced by Back At You

201 El Camino Real,Menlo Park, CA 94025

Menlo Park CA, 94025

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Description

201 El Camino Real and 612 Cambridge Ave is a foreclosure investment opportunity, featuring a three-parcel assemblage that includes a 100% vacant fourplex, retail and land, all requiring extensive renovations. The subject properties encompass a total of 23,160 square feet lot size, equivalent to 0.53 acres. 201 El Camino Real features a spacious 5,880 square feet retail/office building with a large parking lot on its own separate lot. The retail building was originally constructed in 1937 and features a lot size of approximately 7,390 square feet. The parking lot features approximately 7,905 square feet. 612 Cambridge Ave is a 4-unit multifamily asset comprising 2,624 square feet of interior space offering 1 two-bedroom and 3 one-bedroom units. 612 Cambridge features a lot size of approximately 7,865 square feet. The investment appeal of this asset is driven by Menlo Park's low vacancy levels and strong employment fundamentals. With a world-class location near major attractions and institutions such as Stanford University, Stanford Shopping Center, and Downtown Menlo Park, 201 El Camino Real & 612 Cambridge Ave is truly an exceptional investment opportunity.

Details

MLS#ML81964045
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1937
Days On Site24
Listing Provided ByMarcus & Millichap (650) 391-1700 | Robert Johnston

Features

SQ Feet5,880
ZoningSP-ECR-D
Acreage0.17

Market Activity 94025

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Mateo
CityMenlo Park
Zip Code94025
Area699 - Not Defined
Listing VS Median (in 94025)
Price:
$6,200,000
low | high
Med:
$2,999,000
100% of Average
SqFt:
5,880
low | high
Med:
3,994
82.074829931973% of Average
$ / SqFt:
$1,054
low | high
Med:
$1,035
51.810287598527% of Average
On Site:
24
low | high
Med:
41.500000
57.831325301205% of Average
Sourced by Back At You
Listing Updated: May 16, 2024 at 3:58:00 PM PDT