Investment Overview

The Zurich Group of Marcus & Millichap is pleased to present 4 Coleman Place in Menlo Park, California, an exceptionally well-maintained apartment complex built in 1965. Sitting on a 7,200 square foot lot (per county assessor), the property consists of five units, consisting of 3-bedroom, 2-bedroom, and 1-bathroom floorplans. With on-site parking, dual-pane windows, and a convenient on-site laundry facility, this property offers a comfortable living experience for tenants. The property has been well cared for, with significant updates in recent years, including a new roof installed in 2021. Additionally, the sewer lateral system and electrical panels have been recently upgraded. These improvements add long-term value to the asset, providing peace of mind for both residents and investors alike. 4 Coleman Place is ideally located in a prime area of Menlo Park, just 1.6 miles from Downtown Palo Alto and 1.8 miles from Stanford University. The property is also within close proximity to Facebook's global headquarters, making it an attractive option for employees of the tech giant. The Menlo Park Caltrain station is 1.9 miles away, and the property is easily accessible via El Camino Real and Highway 101. This central location makes 4 Coleman Place an ideal rental property for commuters traveling between San Francisco and San Jose, offering both convenience and accessibility.