1001 El Camino Real Menlo Park, CA 94025
Listing Courtesy of: MLSlistings Inc. / Fremont / Bill Harrigan - Contact:  408-828-8249

  1001 El Camino Real Menlo Park, CA 94025

Active (66 Days)
$3,832,000

Description

SELLER FINANCING @ 4% per annum ? Quality mixed use property on El Camino Real! (5 units total) Downstairs there is a Mtn. Mike's Pizza with a secure 15 year lease with (2) five year options. Upstairs there are (4) quality residential units (nicely remodeled) with long term tenants. Top location in Menlo Park with secure income stream from the (NNN) triple net lease from Mtn. Mike's Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Currently under professional management by (IPS) Income Property Services. Call listing agent for full cash flow analysis or open the disclosures.

MLS #:
ML81984239
Taxes
$42,415
Lot Size
3,049 SQFT
Type
Multifamily
Year Built
1923
School District
931
County
San Mateo County

Listed By

Bill Harrigan, DRE #00544107, Fremont, Contact: 408-828-8249
Source
MLSlistings Inc.
Last checked Dec 24 2024 at 2:16 AM GMT+0000
Bathroom Details
Lot Information
  • Corners Marked
Property Features
  • Foundation: Concrete Slab
Heating and Cooling
  • Wall Furnace
  • Central Ac
Exterior Features
  • Roof: Rolled Composition
Utility Information
  • Utilities: Water - Public, Individual Gas Meters, Individual Electric Meters
  • Sewer: Sewer Connected
Garage
  • On Street
Stories
  • 2
Living Area
  • 4,905 sqft
Additional Information: Fremont Intero Franchise | 408-828-8249
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 04, 2024
Price Changed
$3,832,000
-2%
-68,000
Oct 18, 2024
Original Price
$3,900,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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