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938 Alice Lane

Menlo Park CA 94025

4162 sq. ft.
15301 sq. ft.
Duplex
Currently for sale - view listing

Overview

4-unit cottage style multifamily property + 1 non-conforming 5th unit (two duplexes and one cottage on large 15K+ SF lot in the heart of Menlo Park). 938 Alice Lane is a rare opportunity to acquire a well-located multifamily asset in the heart of Menlo Park, one of the Peninsulas most affluent and supply-constrained rental markets. The property consists of four legal units plus one non-conforming unit across three separate structures. Offered for sale by the original owner/builder, this well-maintained property has been carefully cared for over the years. Two of the units have undergone extensive renovations within the past 20 years, while the remainder of the property continues to showcase its timeless charm and character. It is conveniently located next to University Drive and a short walk to Downtown Menlo Park.

Features

4162 sq. ft. floor area
15301 sq. ft. lot size
Duplex

Happy sellers in Menlo Park

<50%
Less than 50% of sellers in Menlo Park reported that their sale price either exceeded or met their price expectations.

Menlo Park stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Menlo Park over the last 12 months.

Local market activity for duplexes in Menlo Park

In the last 12 months, 10 duplexes similar to 938 Alice Lane, have been sold.

This represents a 11% decrease in duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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