Sold
780-800 Arbor Road
Menlo Park CA, 94025
$4,300,000
$708.17 per sqft
Sold
6,072 sqft
Commercial
Built in 1954
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.
ML81973762
MLSⓇ ID
July 18, 2024
Listed
October 14, 2024
Updated
Map
780-800 Arbor Road
Menlo Park CA, 94025
Interior Features
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Floor Furnace
Exterior/Building Features
Lot Size
0.28 Acres
Roof
Composition Shingles
Other Property Details
Area Name
Menlo Park
Garage
No
View
No
County
San Mateo
Water Source
Public
Pool
No
Zoning
R3
Listing History
Date | Event | Price |
---|---|---|
9/30/2024 | Sold | $4,300,000 |
8/19/2024 | Pending | — |
Listed by Carlos Azucena with Marcus & Millichap
Listing Contact: 408-205-2679
Bay East ©2024 CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 8:07 PM UTC, 10/14/2024.