1001 El Camino Real

Menlo Park, CA 94025

PRICE REDUCED

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-$68,000 (-1.74%)

$3,832,000

List Price

N/A

bed Beds

shower Baths

4,905 sqft

straighten / sqft

1923

calendar_month Built

Property Description

SELLER FINANCING @ 4% per annum ? Quality "mixed use" property on El Camino Real! (5 units total) Downstairs there is a Mtn. Mike's Pizza with a secure 15 year lease with (2) five year options. Upstairs there are (4) quality residential units (nicely remodeled) with long term tenants. Top location in Menlo Park with secure income stream from the (NNN) triple net lease from Mtn. Mike's Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Currently under professional management by (IPS) Income Property Services. Call listing agent for full cash flow analysis or open the disclosures.

Listing Information

List Price $3,832,000
Status Active
MLS ML81984239
Type Residential Income
Subtype Mixed Use
Year Built 1923
Lot Size 3,049
Structure Size 4,905
DOM 47
Courtesy Of Intero Real Estate Services
Listing Agent William Harrigan DRE#00544107

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: William Harrigan, Intero Real Estate Services 408-828-8249. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:25 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.