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3618 ALAMEDA DE LAS PULGAS, MENLO PARK, 94025

$9,300,000

  • 8,964 sqft
  • Commercial /Five or More Units
3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
                                  3618 ALAMEDA DE LAS PULGAS, Menlo Park, CA for sale.
Courtesy of Cornish & Carey Commercial
Absolutely incredible Menlo Park location surrounded by shops, restaurants and multi-million dollar homes. This fantastic 15 unit property features 10 spacious studios and 5 one bedroom one bath units. It also benefits from two cell phone towers, with long term leases, that generate $7500 per month. Huge upside in potential income. This property is perfect for a 1031 exchange buyer, a family looking for wealth preservation or an investor who wants to renovate to very high end finishes to draw top of the market rents. A new owner can implement a Corporate Housing Rental Strategy with furnished units and take advantage of high end tenants from Stanford, Menlo Park & Palo Alto, Start-Ups, Sand Hill Road & close proximity to Facebook & other major employers. Other owners in Menlo Park have been highly successful with this strategy and we can guide you through the best path to achieve drastically higher rents.
Last updated on 9/18/2019
Courtesy of Cornish & Carey Commercial

More Details for 3618 ALAMEDA DE LAS PULGAS

Property Class: Commercial Multi-Residential
Listing Status: Active
City: Menlo Park
State: CA
Zip: 94025
Area: 302 - County / Alameda Area
County: San Mateo
Class: Commercial
Property Subtype: Five or More Units
Approx Lot Size: 0.234
REO/Bank Owned:No
Property Sub Type Descr: Five or More Units
Garage:Yes
Parking Total:2.00
Living Area (SqFt): 8,964 sqft
Lot Size Area Sq Feet: 10200.00
Lot Size Area Acres: 0.23416
Property Tax: $120,855
REO/ Bank Owned: No
REO:N/A
Short Sale:N/A
Listing#: 81759802
Parcel Number: 074083270
Year Built: 1964
List Date: 7/10/2019

Features for 3618 ALAMEDA DE LAS PULGAS

Cooling: None
Roof: Tar and Gravel
Utilities Water: Public
Disability Features: None
Garage Style: On Street
Foundation: Concrete Perimeter
Utilities Sewer: Sewer - Public

Documents for 3618 ALAMEDA DE LAS PULGAS

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