280 Waverley ST, Menlo Park, CA 94025
- $3,650,000
- 6,935
- SqFt
Listed by Michael Shields, 408-356-1900 from SiliconValley MultiFamilyGroup
(If provided) CoList: from
Sold listing courtesy of John Adams from ADAMS
- Sold Price
- $3,650,000
- List Price
- $3,700,000
- Closing Date
- Sep 20, 2024
- MLS#
- ML81969215
- Status
- SOLD
- Sqft. of Residence
- 6,935
- Lot Size
- 9,000
- Listing Area
- Middlefield To El Camino Menlo Park
- Year Built
- 1957
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!
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Additional Information
- Acres
- 0.21
- Age
- 67
- Amenities
- None
- Cooling System
- None
- Energy Features
- None
- Floor Covering
- Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
- Foundation
- Concrete Perimeter
- Garage Parking
- Assigned Spaces, Carport, Covered Parking
- Heating System
- Central Forced Air - Gas
- Laundry Facilities
- Washer / Dryer
- Living Area
- 6,935
- Lot Size
- 9,000
- Neighborhood
- Middlefield To El Camino Menlo Park
- Other Rooms
- Laundry Room
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Shingle, Tar and Gravel
- Sewer
- Sewer Connected, Sewer in Street
- Unincorporated Yn
- Yes
- Zoning
- R3
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