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Sold for $4,300,000
    • $4,300,000

    Arbor Menlopark, Menlo Park, CA 94025

    1beds
    1baths
    6,072sqft
    Five Or More Units, Residential Income
    Built in 1954
    -- sqft lot
    $4,373,100 Zestimate®
    $708/sqft
    $2,553 Estimated rent

    Home value

    $4,373,100

    $3.59M - $5.25M

    $2,553/mo

    Zestimate® history
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    $2,553/mo

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    $27,076/mo

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    $27,076/mo

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    What's special

    780-800 Arbor Road is an eight-unit multifamily property located in downtown Menlo Park. The unit mix is (8) 1 bedroom / 1 bathroom that average 759 sf each per county records (buyer to verify). The property sits on a 0.28 acre (12,327 Sqft) lot. Among the amenities are on-site laundry (owned not leased), individual carports for each unit along with ample street parking. The property has been well maintained under the current owner for over 30 years. 780-800 Arbor is being offered at the highest cap rate currently seen in Menlo Park. It presents an excellent value-add opportunity for a savvy investor to own in one of the most desirable markets in the country.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlos Azucena 01738155 408-205-2679,

    Marcus & Millichap 650-391-1700

    Bought with:

    Yura Wang, 02100677

    Real Estate eBroker Inc

    Source: MLSListings Inc,MLS#: ML81973762MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Floor Furnace
    Cooling
    • None
    Features
    • Doors: Other
    Interior area
    • Total structure area: 6,072
    • Total interior livable area: 6,072 sqft

    Property

    Parking
    • Parking features: Carport, On Street
    • Has carport: Yes
    Accessibility
    • Accessibility features: Other
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 071291240
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Wood Frame
    • Roof: Composition, Shingle
    Condition
    • Year built: 1954

    Utilities & green energy

    • Gas: PublicUtilities
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Menlo Park

    Financial & listing details

    • Price per square foot: $708/sqft
    • Date on market: 7/18/2024
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: None
    • Lease term: Month To Month

    Price history

    DateEventPrice
    9/20/2024Sold$4,300,000-4.4%$708/sqft
    Source: MLSListings Inc #ML81973762 Report a problem
    7/18/2024Listed for sale$4,500,000$741/sqft
    Source: MLSListings Inc #ML81973762 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 94025

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MenloParkCityElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
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    Estimated market value
    $4,373,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,373,100

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