$3,150,000
$3,225,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
4,156 SqFt
SOLD DATE : 10/11/2023
Key Details
Sold Price $3,150,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,156 sqft
Price per Sqft $757
MLS Listing ID ML81941647
Sold Date 10/11/23
Bedrooms 8
Full Baths 4
Year Built 1948
Lot Size 8,526 Sqft
Property Description
TROPHY FOURPLEX IN DOWNTOWN MENLO PARK! 934 Oak Lane offers an investor an outstanding apartment property or an owner-occupier an ideal opportunity in the heart of downtown Menlo Park in a quiet residential neighborhood. All units are spacious Two-Bedroom / One-Bath apartments over 1,000 SF with great in-place rents. There are significant recent interior & common area capital improvements including all new kitchens & baths within the past 5 years. All units benefit from gorgeous hardwood floors. A rear patio area is accessible to all units and tenants enjoy extra storage lockers and an on-site laundry facility. A new owner can add value through the addition of an ADU and R3 Zoning with the city's commitment to more housing allows for more density in this district. 934 Oak is strategically positioned in an irreplaceable location in one of the most sought after locations in the country.
Location
State CA
County San Mateo
Area Allied Arts / Downtown
Zoning R30000
Interior
Heating Floor Furnace , Gas, Wall Furnace
Cooling None
Flooring Hardwood
Exterior
Garage Carport , Tandem Parking, Other
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Composition,Shingle
Building
Story 2
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 071-272-470
Security Features Security Lights
Horse Property No
Special Listing Condition Not Applicable
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Bought with Matthew Thomson • Newmark Cornish & Carey