$3,450,000
$3,450,000
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4,156 SqFt
SOLD DATE : 09/17/2024
Key Details
Sold Price $3,450,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,156 sqft
Price per Sqft $830
MLS Listing ID ML81977604
Sold Date 09/17/24
HOA Y/N No
Year Built 1955
Annual Tax Amount $44,745
Lot Size 8,537 Sqft
Acres 0.196
Property Description
Trophy Pride of Ownership Fourplex with High-End Renovations on Quiet Cul-De-Sac in highly desirable Linfield Oaks neighborhood. OUTSTANDING RENTAL INCOME producing over $200k annually. Excellent Unit Mix: (4) Large 1,000 SF Two-Bedroom / One Bath Units. Two Fully Furnished Units with Luxury Finishes (all to transfer with sale). 3 out of 4 Apartments Fully Renovated with In-Unit Washer & Dryer. The other unit is extremely clean and tenants have access to a private & free Laundry Facility. True Turnkey Asset with No Deferred Maintenance. Brand New Square D Main Panel Electrical and new subpanels. Private Patios with Beautiful Mature Landscaping. Forced Air Heating in all Units. Detached Carport Parking - 4 Spaces with Tandem Option (no tuckunder). Double pane windows throughout & individual water heaters for all units. Less than a mile walk or bike to both Downtown Menlo Park & Palo Alto. "Bikers Paradise" Score of 99. Feeds into prestigious Menlo Park School District. Unit # 3 is vacant and furnished which presents an excellent opportunity for an owner-occupier.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R3
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Carport
Carport Spaces 4
View Y/N No
Roof Type Flat,Shingle
Accessibility Parking
Parking Type Carport
Total Parking Spaces 4
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 062411070
Security Features Security Lights
Financing Cash
Special Listing Condition Standard
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Bought with Josh Rubin • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "