934 Oak LN, Menlo Park, CA 94025

$3,150,000
8
BD
4,156
SqFt

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Listed by Matthew Thomson, 650-515-6555 from Newmark Cornish & Carey
(If provided) CoList: Bryan Danforth from Newmark Cornish & Carey

Sold listing courtesy of Matthew Thomson from NEWCC

Sold Price
$3,150,000
List Price
$3,225,000
Closing Date
Oct 11, 2023
MLS#
ML81941647
Status
SOLD
Zoning
R30000
Sqft. of Residence
4,156
Lot Size
8,526
Listing Area
Allied Arts / Downtown

Property Description

TROPHY FOURPLEX IN DOWNTOWN MENLO PARK! 934 Oak Lane offers an investor an outstanding apartment property or an owner-occupier an ideal opportunity in the heart of downtown Menlo Park in a quiet residential neighborhood. All units are spacious Two-Bedroom / One-Bath apartments over 1,000 SF with great in-place rents. There are significant recent interior & common area capital improvements including all new kitchens & baths within the past 5 years. All units benefit from gorgeous hardwood floors. A rear patio area is accessible to all units and tenants enjoy extra storage lockers and an on-site laundry facility. A new owner can add value through the addition of an ADU and R3 Zoning with the city's commitment to more housing allows for more density in this district. 934 Oak is strategically positioned in an irreplaceable location in one of the most sought after locations in the country.

Additional Information

Age
75
Cooling System
None
Days On Market
Unknown
Floor Covering
Hardwood
Foundation
Concrete Perimeter
Garage Parking
Carport, Tandem Parking, Other
Heating System
Floor Furnace, Gas, Wall Furnace
Living Area
4,156
Lot Size
8,526
Neighborhood
Allied Arts / Downtown
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition, Shingle
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R30000

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