Property Details
About this Property
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 Listing Information
MLS #
ML81984239
MLS Source
MLSListings, Inc.
Days on Site
36
Interior Features
Cooling
Central Forced Air
Heating
Wall Furnace
Exterior Features
Roof
Rolled/Hot Mop
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
On Street, Garage: 0 Car(s)
Elementary District
Menlo Park City Elementary
High School District
Sequoia Union High
Water
Public
Zoning
CL00C3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | – |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 560 | 1 | 1/0 | $2,095 |
| 2 | 525 | – | 1/0 | $1,859 |
| 3 | 560 | 1 | 1/0 | $2,495 |
| 4 | 560 | 1 | 1/0 | $2,300 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1001 El Camino Real is a Residential Income in Menlo Park, CA 94025. This 4,905 square foot property sits on a 3,049 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,832,000 and was built in 1923. This address can also be written as 1001 El Camino Real, Menlo Park, CA 94025.
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This listing information is up-to-date as of November 04, 2024. For the most current information, please contact William Harrigan, (408) 828-8249
