Multifamily
624 University Dr
624 University Dr, Menlo Park, CA 94025
Listing Price: $2,850,000
Investment Overview
624 University Dr. is located in one of the most desirable areas of Menlo Park, west of El Camino, and three blocks from Downtown Menlo Park with abundant shopping, dining, and entertainment options. The property is within walking distance to Caltrain and approx. one mile from Stanford University, Stanford Hospital, and Stanford Shopping Center. The unit mix is (4) 1 bd / 1 ba units that are approx. 675 SF each (buyer to verify). Amenities include two on-site parking spaces per unit and direct access to Nealon Park (tennis, softball, pickle ball, dog park, etc.) through a gate at the rear of the property. Three of four units are ground level with no unit above and have private yards. Units have an abundance of natural light and some have been upgraded with new counters, tile baths and new vanities. The roof was replaced within the last 5 years.
624 University Dr
Investment Highlights
- Located in Menlo Park which is home to numerous globally recognized businesses and financial firms
- Property has been well maintained by current owner, who in the last few year has upgraded the roofing and replaced the sewer lateral.
- Three ground floor units and they have their own backyard.
- Direct access to Nealon Park as it features a pickle ball /tennis court, softball field, dog park, a playground and open field.
- Downtown Menlo Park is a short walk away, which has over 50 restaurants and services that include Draeger's Market, Walgreens, and Amici's East Coast Pizzeria.
- Short drive from Stanford University, Stanford Shopping Center, Downtown Palo Alto and Stanford Hospital.
- World renowned Sand Hill Road is a short drive away and is home to over 50 private venture capital firms such as Kleiner Perkins, Andreessen Horowitz and Sequoia Capital.
Exclusively Listed By
Listing Price: $2,850,000
Investment Highlights
- Located in Menlo Park which is home to numerous globally recognized businesses and financial firms
- Property has been well maintained by current owner, who in the last few year has upgraded the roofing and replaced the sewer lateral.
- Three ground floor units and they have their own backyard.
- Direct access to Nealon Park as it features a pickle ball /tennis court, softball field, dog park, a playground and open field.
- Downtown Menlo Park is a short walk away, which has over 50 restaurants and services that include Draeger's Market, Walgreens, and Amici's East Coast Pizzeria.
- Short drive from Stanford University, Stanford Shopping Center, Downtown Palo Alto and Stanford Hospital.
- World renowned Sand Hill Road is a short drive away and is home to over 50 private venture capital firms such as Kleiner Perkins, Andreessen Horowitz and Sequoia Capital.
Investment Overview
624 University Dr. is located in one of the most desirable areas of Menlo Park, west of El Camino, and three blocks from Downtown Menlo Park with abundant shopping, dining, and entertainment options. The property is within walking distance to Caltrain and approx. one mile from Stanford University, Stanford Hospital, and Stanford Shopping Center. The unit mix is (4) 1 bd / 1 ba units that are approx. 675 SF each (buyer to verify). Amenities include two on-site parking spaces per unit and direct access to Nealon Park (tennis, softball, pickle ball, dog park, etc.) through a gate at the rear of the property. Three of four units are ground level with no unit above and have private yards. Units have an abundance of natural light and some have been upgraded with new counters, tile baths and new vanities. The roof was replaced within the last 5 years.
Exclusively Listed By
