780800 Arbor Road

Menlo Park, CA 94025

$4,300,000

Sold Price
N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1954

calendar_month Built

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.

Listing Information

Close Price $4,300,000
Close Date Friday, September 20th, 2024
Status Closed
MLS ML81973762
HOA $0
Type Commercial
Year Built 1954
Lot Size 12,197
Structure Size N/A
DOM 29
Courtesy Of Marcus & Millichap
Listing Agent Carlos Azucena DRE#01738155

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Carlos Azucena, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 1:06 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.