462 Waverley ST, MENLO PARK, CA 94025

MLS# ML81984142
Status: Active

  • $2,650,000

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  • 3421

    Approx. Sq. Ft.
  • 0.1515

    Approx. Lot Size
  • Listing Class: Residential Income (2-4 units)
  • Property Type: Multi Family
  • Year Built: 1952
  • Stories: 1

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    Julie Tsai Law

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    Details

    Prime Menlo Park Triplex located in highly desirable Linfield Oaks Neighborhood. Two separate, identical triplexes on adjacent lots that can be sold separately or together as a 6-unit property. Attractive unit mixes at each property: (2) Large Two-Bedroom / One Bath Units & (1) One-Bedroom / One-Bath Unit. Spacious layouts and NO SHARED WALLS between units creating a home-style living environment for tenants. All apartments benefit from in-unit laundry. Rear units are designed as Owner's Unit with oversized 2-bedroom layouts, dedicated dining areas, fireplaces, hardwood floors, French doors, and large private backyards. One tuck-under parking space per unit, with potential for additional tandem or off-street parking. Excellent add-value opportunity to increase rents over time with higher end interior renovations and converting tuck-under parking to ADU. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 100! Feeds into prestigious Menlo Park School Districts.

    Features

    General Features

    • Listing ClassResidential Income (2-4 units)
    • FoundationConcrete Perimeter
    • Age72
    • Horse PropertyNo
    • Property TypeMulti Family
    • Parcel062-405-090
    • Year Built1952
    • Construction TypeWood Frame
    • ZoningR3
    • # of Stories1

    Interior Features

    • Accessibility FeaturesParking
    • Security FeaturesSecurity Lights

    Utilities & Energy

    • UtilitiesIndividual Electric Meters,Individual Gas Meters,Public Utilities
    • Sewer/SepticSewer - Public
    • CoolingNone
    • WaterPublic
    • HeatingGas,Wall Furnace

    Parking

    • Parking FeaturesCarport

      Neighborhood

      Middlefield to El Camino Menlo Park

      Market Conditions

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