938 Alice LN, Menlo Park, CA 94025
- $3,650,000
- 5
- BD
- 4,162
- SqFt
Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: from
Sold listing courtesy of Eymon Binesh from M&MKW
- Sold Price
- $3,650,000
- List Price
- $3,200,000
- Closing Date
- Jul 02, 2026
- MLS#
- ML82049437
- Status
- SOLD
- Zoning
- R3
- Sqft. of Residence
- 4,162
- Lot Size
- 15,301
- Listing Area
- Allied Arts / Downtown
Property Description
Offer Date: Wednesday, June 17th. 4-unit cottage style multifamily property + 1 non-conforming 5th unit (two duplexes and one cottage on large 15K+ SF lot in the heart of Menlo Park). 938 Alice Lane is a rare opportunity to acquire a well-located multifamily asset in the heart of Menlo Park, one of the Peninsulas most affluent and supply-constrained rental markets. The property consists of four legal units plus one non-conforming unit across three separate structures. Offered for sale by the original owner/builder, this well-maintained property has been carefully cared for over the years. Two of the units have undergone extensive renovations within the past 20 years, while the remainder of the property continues to showcase its timeless charm and character. It is conveniently located next to University Drive and a short walk to Downtown Menlo Park.
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Additional Information
- Acres
- 0.35
- Cooling System
- Central AC, Window / Wall Unit
- Foundation
- Concrete Perimeter
- Garage Parking
- Assigned Spaces, Carport, Detached Garage
- Heating System
- Central Forced Air, Wall Furnace
- Laundry Facilities
- Washer/Dryer - Some Units
- Living Area
- 4,162
- Lot Size
- 15,301
- Neighborhood
- Allied Arts / Downtown
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Zoning
- R3
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