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Multifamily Vacant-User

575 - 577 Gilbert Ave

575 - 577 Gilbert Ave, Menlo Park, CA 94025

Listing Price: $2,280,000

Number of Units
2
Price/Unit
$1,140,000

Investment Overview

575-577 Gilbert Ave offers an investor a rare opportunity to acquire a prestigious pride of ownership duplex located in the world-class city of Menlo Park, California. Situated on a large parcel of land totaling approximately 6,316 square feet, the subject property has a gross building area of approximately 2,000 square feet, offering its tenants beautifully designed two-bedroom floor plans. The 575 Gilbert side of the subject property was completely rebuilt in 1993, adding additional square footage with permitted additions and renovations including new shake roof, new water line, sewer reconnection line, vaulted ceiling, additional bathroom and office space. Interior renovations include updated kitchens, oak wood cabinetry, updated bathrooms, dual-pane windows, hardwood and tile flooring. In addition, each unit offers a fully fenced private yard, private shared garage with coin operated washer and dryer, and a spacious entry porch area for tenants to enjoy. The investment appeal of this asset is driven by Menlo Park’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 575-577 Gilbert Ave presents an attractive choice for tenants and residents due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Investment Highlights

  • Prestigious Pride of Ownership Asset Located in the World-Class City of Menlo Park, CA
  • Extensive Exterior and Interior Renovations Including Updated Kitchen, Oak Wood Cabinetry, Updated Bathroom, Dual-Pane Windows, Fireplace, Hardwood and Tile Flooring
  • Subject Property Offers Fully Fenced Private Yard, Private Shared Garage with a Dryer, Coin Operated Washer and a Spacious Entry Porch Area

Exclusively Listed By

Multifamily Vacant-User

575 - 577 Gilbert Ave

Listing Price: $2,280,000

Number of Units
2
Price/Unit
$1,140,000

Investment Highlights

  • Prestigious Pride of Ownership Asset Located in the World-Class City of Menlo Park, CA
  • Extensive Exterior and Interior Renovations Including Updated Kitchen, Oak Wood Cabinetry, Updated Bathroom, Dual-Pane Windows, Fireplace, Hardwood and Tile Flooring
  • Subject Property Offers Fully Fenced Private Yard, Private Shared Garage with a Dryer, Coin Operated Washer and a Spacious Entry Porch Area

Investment Overview

575-577 Gilbert Ave offers an investor a rare opportunity to acquire a prestigious pride of ownership duplex located in the world-class city of Menlo Park, California. Situated on a large parcel of land totaling approximately 6,316 square feet, the subject property has a gross building area of approximately 2,000 square feet, offering its tenants beautifully designed two-bedroom floor plans. The 575 Gilbert side of the subject property was completely rebuilt in 1993, adding additional square footage with permitted additions and renovations including new shake roof, new water line, sewer reconnection line, vaulted ceiling, additional bathroom and office space. Interior renovations include updated kitchens, oak wood cabinetry, updated bathrooms, dual-pane windows, hardwood and tile flooring. In addition, each unit offers a fully fenced private yard, private shared garage with coin operated washer and dryer, and a spacious entry porch area for tenants to enjoy. The investment appeal of this asset is driven by Menlo Park’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 575-577 Gilbert Ave presents an attractive choice for tenants and residents due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Exclusively Listed By

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