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
| 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 11/22/2024 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
Contact a Local Realtor®
Robbyn Battles
Broker Associate
Direct: 818.388.1631
Email: Email Me
DRE: 00984070
DRE #01873088
.png){kind=small}