1001 El Camino Real

Menlo Park, CA 94025

$3,832,000
Price
Beds
4,905 Sq. Ft.
$781 / Sq. Ft.
4,905
Sq. Ft.
$781
per Sq. Ft.

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...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.
  1. Listed by William Harrigan • DRE #00544107 • Brokerage DRE #01522213 • Intero Real Estate Services • 408-828-8249

Property Details for 1001 El Camino Real

MLS City Name
MENLO PARK
Building Type
OTHER
Garage Spaces
0
Parking Spaces
0
Cross Street
Menlo Avenue
LISTING UPDATED: 11/04/2024 03:58 PM

Property Details for 1001 El Camino Real

StatusActive
MLS #ML81984239
Days on Compass64
Taxes$42,415 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1923
Lot Size0.07 AC / 3,049 SF
CountySan Mateo County

Building Information for 1001 El Camino Real

Stories2Residences-Year Built1923Lot Size0.07 AC / 3,049 SF

Property Information for 1001 El Camino Real

Features
Features
  • Fireplace: No
  • Living SqFt: 4905
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Central AC
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Allied Arts / Downtown
  • Roof: Rolled Composition
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Assessor
  • Street Number: 1001
  • Street Name: El Camino Real
  • Area ID: 304
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4905
  • Structure SqFt Source: Other
  • Age: 101
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Corporation
  • Zoning Detail: CL00C3
Location Information
  • City Limits: Yes
  • Directions: Go south on El Camino just south of Stanford Shopping Center and Safeway.
  • Incorporated: Yes
  • Parcel Number: 071-287-080
  • County Name: San Mateo
  • City Name: MENLO PARK
  • City Postal ID: 33
  • Postal Code: 94025
  • Elementary School District: 931
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .07
  • Lot Description: Corners Marked
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 5
General Information
  • Annual Tax Amount: $42,415
  • Capitalization Rate: 5.01
  • Tenant Expenses: All Expenses
  • Income Includes: Other
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $14,000
  • Expense Landscape: $0
  • Expense Maintenance: $2,851
  • Expense Management: $6,266
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $2,605
  • Expenses Total: $68,137
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 14.59
  • Income Annual Gross: $259,948
  • Income Annual Rental: $218,822
  • Income Gross Scheduled: $262,574
  • Income Other: $43,752
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,095
Unit 2 Information
  • Unit 2 Approx Square Footage: 525
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Rent: $1,859
Unit 3 Information
  • Unit 3 Approx Square Footage: 560
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,495
Unit 4 Information
  • Unit 4 Approx Square Footage: 560
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $2,300
Unit Type 1
  • Unit Type1 Approx SqFt: 560

Property History for 1001 El Camino Real

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1001 El Camino Real

Taxable ValueLand$3,318,667Additions$585,646Total$3,904,313
Tax Record2023$61,377 ($5,115 / month)
Home Facts
Total Finished SqFt4,496 SqFtAbove Grade Finished SqFt4,496 SqFtStories2Lot Size2,884 SqFtStyleStoresYear Built1923ZoningCL00C3CountySAN MATEOAPN071-287-080

Schools near 1001 El Camino Real

This home is within Menlo Park City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Encinal Elementary School
PublicK to 5

Hillview Middle School
Public6 to 8

Menlo-Atherton High School
Public9 to 12

Everest Public High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1001 El Camino Real is for sale in Menlo Park, CA 94025. This property was listed for sale on October 18, 2024 by Intero Real Estate Services, it's currently listed at $3,832,000. This listing's school districts are Menlo Park City Elementary School District, Sequoia Union High School District. Nearby schools include Encinal Elementary School, Hillview Middle School and Menlo-Atherton High School. 1001 El Camino Real is a 0-bed, 0-bath, 4,905 sqft built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intero Real Estate Services, William Harrigan, DRE #00544107

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.