1001 El Camino Real

Menlo Park, CA 94025 $68,000.00 (-1.74%) Active for $3,832,000
 


Beds: N/A  Baths:   Structure Size: 4,905 sqft  Lot Size: 3,049 sqft


Property Facts
MLS ML81984239
Year Built 1923
Property Type Mixed Use
County San Mateo
Status Active
Active $3,832,000
Structure Size 4,905 sqft
Lot Size 3,049 sqft
Beds N/A
Baths

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.

Listing information courtesy of: William Harrigan, Intero Real Estate Services 408-828-8249. *Based on information from the Association of REALTORS/Multiple Listing as of 11/08/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Location


Walkscore

Walker's Paradise

95%

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