241 El Camino Real, MENLO PARK, CA 94025

MLS# ML81972787
Status: Active

92 PHOTOS
92 PHOTOS

  • $8,500,000

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  • 9721

    Approx. Sq. Ft.

  • 0.4557

    Approx. Lot Size
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  • Listing Class: Residential Income (2-4 units)
  • Property Type: Multi Family
  • Year Built: 1914
  • Stories: 2
  • # of Parkings: 34

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    Julie Tsai Law

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    Julie Tsai Law

    +1 650.799.8888

    Julie Tsai Law Realty Group partners with you throughout your home search process, providing their expertise and deep knowledge of San Francisco Bay Area’s real estate market to help you find a home you love.

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    Details

    Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!

    Features

    General Features

    • Listing ClassResidential Income (2-4 units)
    • Parcel071-413-360R
    • Year Built1914
    • Property TypeMulti Family
    • ZoningSP-ECR-D
    • # of Stories2
    • FoundationConcrete Slab
    • Age110
    • Horse PropertyNo

    Interior Features

    • FlooringConcrete,Laminate,Vinyl / Linoleum
    • Accessibility FeaturesBathroom Features,Parking,Wheelchair Access,Other
    • Kitchen FeaturesCooktop - Gas,Countertop - Other,Countertop - Tile,Dishwasher,Exhaust Fan,Oven Range - Gas,Refrigerator
    • LaundryWasher / Dryer
    • Security FeaturesFire Alarm

    Utilities & Energy

    • UtilitiesIndividual Electric Meters,Public Utilities,Other
    • Sewer/SepticSewer - Public
    • CoolingCentral AC,Window / Wall Unit
    • WaterIndividual Water Meter,Public
    • HeatingCentral Forced Air

    Parking

    • Parking Spaces34
    • Parking FeaturesAssigned Spaces,Guest / Visitor Parking,Leased Parking,Off-Street Parking

    Neighborhood

    Allied Arts / Downtown

    Schools

    Visit Menlo Park school district

    Market Conditions

    Explore our neighborhoods – Allied Arts / Downtown
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    Median vs Average Sale Price
    Median Sales Price
    Average Sales Price
    Price Per Square Feet
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    Sold Price vs List Price
    Sold Price
    List Price
    Days on Market
    Days on Market
     
    # of Homes Listed vs # of Homes Sold
    # of Homes Listed
    # of Homes Sold

    MENLO PARK Market Update August, 2024
    MENLO PARK Market Update July, 2024
    MENLO PARK Market Update June, 2024
    MENLO PARK Market Update 2023

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    JULIE TSAI LAW REALTY GROUP

    JULIE TSAI LAW

    650.799.8888

    JULIE@JULIETSAILAW.COM

    DRE #01339682

    KRISTIN TSAI

    408.605.80000

    KRISTIN@JULIETSAILAW.COM

    DRE #01294153

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