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280 Waverley Street

Menlo Park, CA 94025

$3,900,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $562 / sqft

1957

calendar_month Built

Property Description

First time to market since 1957! This 6-unit apartment building has been owned by the same family since constructed in 1957. Well maintained and professionally managed. Located in the highly desirable Linfield Oaks area of Menlo Park. Just 1.2 miles from Downtown Menlo Park and just 1.4 miles from Downtown Palo Alto. Large attractive units, most with private decks or patios. The unit mix consists of one large 2 BD/2 BA unit with a large, private redwood deck; two large 2 BD/1 BA units, one with a private deck and the other with a private patio; and three large 1 BD/1 BA units, two with private patios. Average rent for the 1BD units is $2,533 and the average rent for the 2BD units is $2,998. Units 2 & 6 have been renovated. Upside potential in the other units through renovation and raising rents to market levels. All the units have forced air heating and individual hot water heaters, tuck-under parking and a storage closet. On-site laundry room which is currently offered at no-charge to tenants. The building has been well maintained and has had numerous improvements over the years. Close to DT Menlo Park and DT Palo Alto, Stanford University, Stanford Shopping Center and major high-tech employers such as Facebook, Google, Linked-In, Apple, Netflix... and countless others!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 280 Waverley Street
City Menlo Park
State CA
Zip 94025
County San Mateo
Listing Agent Michael Shields DRE#01327546
Courtesy Of SiliconValley MultiFamilyGroup
MLS ML81969215
List Price $3,900,000
Status Active
Type Commercial
Structure Size N/A
Lot Size N/A
Year Built 1957
DOM 26

Exterior Information

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Listing information courtesy of: Michael Shields, SiliconValley MultiFamilyGroup . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 7th, 2024 at 11:40 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.