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Listed by Keri Nicholas • Parc Agency Corporation
$4,950,000
Est. payment /mo
8 Beds
4 Baths
5,088 SqFt
New
971-977 Oak Lane Menlo Park, CA 94025
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,088 sqft
Price per Sqft $972
MLS Listing ID ML82050187
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1949
Lot Size 0.346 Acres
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Rare Compound-Style Investment Opportunity. 4 Beautiful Side-by-Side Homes in Downtown Menlo Park. Tucked away on a private lane, this unique property features two separate duplex buildings designed to function like four individual single-family homes. The only shared walls are at the garages, creating an uncommon level of privacy and separation for tenants or homeowners. Ideally situated just off University Drive, the property is conveniently located near: Downtown Menlo Park, Nealon Park, Draegers, Stanford Shopping Center, and Downtown Palo Alto. Strong Rental Income Potential. The property currently has 3 of the 4 units leased, providing immediate income with future upside. Award Winning Oak Knoll School District
Location
State CA
County San Mateo
Interior
Heating Forced Air
Cooling None
Flooring Hardwood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher
Exterior
Garage Spaces 1.0
Private Pool false
Building
Story 1
Water Public
Schools
School District Sequoia Union High, Menlo Park City Elementary
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