319 Waverley Street

Menlo Park, CA 94025

$2,450,000
Last Sold Price
Beds
2,740 Sq. Ft.
$894 / Sq. Ft.
2,740
Sq. Ft.
$894
per Sq. Ft.

Description

Prime duplex in highly desirable Linfield Oaks Neighborhood with two 1,050 sqft Two-Bedroom / One-Bath Homes. Both homes are currently vacant, ideal for an Owner-Occupier looking to reside in one unit and enjoy supplemental income from the other, or as a generational asset with family members in both homes. It's also an excellent opportunity for an Investor, providing the ability to renovate both homes immediately and achieve top market rents day one. Both homes benefit from huge, fenced-in backyards...Prime duplex in highly desirable Linfield Oaks Neighborhood with two 1,050 sqft Two-Bedroom / One-Bath Homes. Both homes are currently vacant, ideal for an Owner-Occupier looking to reside in one unit and enjoy supplemental income from the other, or as a generational asset with family members in both homes. It's also an excellent opportunity for an Investor, providing the ability to renovate both homes immediately and achieve top market rents day one. Both homes benefit from huge, fenced-in backyards and private garages with washers & dryers included. The property is strategically positioned on a lovely & quiet tree-lined street and benefits from beautiful, mature landscaping. There is a brand new circuit breaker electrical system on the main and subpanels, and each home has its own individual water heater. A new owner can also add significant value by converting one of the garages into an ADU. The property has newer exterior paint and brand new interior paint in both homes. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 98. Feeds into prestigious Menlo Park School Districts.

Listing Agents

  1. Matt Thomson

    Matt Thomson

    Listing Agent

    Compass

    DRE #01471708

    matt.thomson@compass.com

    P: (650)-515-6555

  2. Bryan Danforth

    Bryan Danforth

    Alternative Listing Agent

    Compass

    DRE #01789680

Property Details for 319 Waverley Street

MLS City Name
MENLO PARK
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
2
LISTING UPDATED: 11/06/2024 10:26 AM

Property Details for 319 Waverley Street

StatusSold
MLS #ML81982427
Days on Compass13
Taxes$30,129 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1953
Lot Size0.21 AC / 8,946 SF
CountySan Mateo County

Building Information for 319 Waverley Street

Stories1Residences2Year Built1953Building Size-Lot Size0.21 AC / 8,946 SF

Property Information for 319 Waverley Street

Features
Features
  • Fireplace: No
  • Flooring: Hardwood
  • Living SqFt: 2740
  • Pool: No
  • Security Features: Security Lights
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Forced Air, Gas
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Enclosed
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Middlefield to El Camino Menlo Park
  • Roof: Composition, Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 319
  • Street Name: Waverley
  • Street Suffix: Street
  • Area ID: 305
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 2740
  • Structure SqFt Source: Assessor
  • Age: 71
Development Information
  • Zoning Detail: R3
Location Information
  • Parcel Number: 062-412-130
  • 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 Perimeter
  • Horse Property: No
  • Lot Acres: .21
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Annual Tax Amount: $30,129
  • Building Unit Total: 2
  • Capitalization Rate: 2.02
  • Tenant Expenses: Services - Gardener/Landscaping, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,383
  • Expense Landscape: $0
  • Expense Maintenance: $1,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $33,512
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Gross Rent Multiplier: 29.76
  • Income Annual Gross: $84,000
  • Income Annual Rental: $84,000
  • Income Gross Scheduled: $84,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 1050
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,500
Unit Type 1
  • Unit Type1 Approx SqFt: 1050

Property History for 319 Waverley Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 319 Waverley Street

Taxable ValueLand$46,415Additions$130,303Total$176,718
Tax Record2024$4,851 ($404 / month)
Home Facts
Baths2Total Finished SqFt2,740 SqFtAbove Grade Finished SqFt2,740 SqFtStories1Lot Size9,015 SqFtStyleDuplexYear Built1953CountySAN MATEOAPN062-412-130Fireplace TypeHas Fireplace

Schools near 319 Waverley Street

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
Public - 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

Tide Academy
Public9 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.

Similar Homes

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Similar Sold Homes

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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 Compass, Matt Thomson, DRE #01471708; Compass, Bryan Danforth, DRE #01789680

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.