1952 Menalto Avenue

Menlo Park, CA 94025

$3,000,000
Last Sold Price
Beds
5,045 Sq. Ft.
$595 / Sq. Ft.
5,045
Sq. Ft.
$595
per Sq. Ft.

Description

Located in the highly desirable Willows Neighborhood close to downtown Palo Alto, Burgess Recreation Center, Willow Oaks Park, Menalto Shops, schools, commute routes and many top Silicon Valley employers these two duplexes offer endless possibilities. Add value by improving the current units, add footage, combine with 1950 Menalto to create a six unit income producing property on over 28k sq ft lot or consider redevelopment. Financials are pro forma -- based on current market rents, not actual rents....Located in the highly desirable Willows Neighborhood close to downtown Palo Alto, Burgess Recreation Center, Willow Oaks Park, Menalto Shops, schools, commute routes and many top Silicon Valley employers these two duplexes offer endless possibilities. Add value by improving the current units, add footage, combine with 1950 Menalto to create a six unit income producing property on over 28k sq ft lot or consider redevelopment. Financials are pro forma -- based on current market rents, not actual rents. Great unit mix, spacious rooms, separate yards, inside laundry, attached garages, extra parking and served by top rated Menlo Park schools make this a savvy investment.
  1. Listed by Omar M. Kinaan • DRE #01723115 • Brokerage DRE #02027353 • Golden Gate Sotheby's International Realty • 650-776-2828

Property Details for 1952 Menalto Avenue

MLS City Name
MENLO PARK
Building Type
FOURPLEX
Style
Bungalow
Garage Spaces
8
Parking Spaces
4
Cross Street
Elm Street

Location

Listing Courtesy of Golden Gate Sotheby's International Realty, Omar M. Kinaan, DRE #01723115

Sold By Keller Williams - Palo Alto, Sameer Singh, DRE #01966129

Add your commute
LISTING UPDATED: 01/05/2024 10:58 AM

Property Details for 1952 Menalto Avenue

StatusSold
MLS #ML81916464
Days on Compass323
Taxes$35,145 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1948
Lot Size0.42 AC / 18,445 SF
CountySan Mateo County

Location

Listing Courtesy of Golden Gate Sotheby's International Realty, Omar M. Kinaan, DRE #01723115

Sold By Keller Williams - Palo Alto, Sameer Singh, DRE #01966129

Add your commute

Building Information for 1952 Menalto Avenue

Stories1Residences4Year Built1948Building Size-Lot Size0.42 AC / 18,445 SF

Payment Calculator

$19,301 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$2,929

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1952 Menalto Avenue

Features
Room Information
  • Kitchen: Oven Range - Gas
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 5045
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • Heating: Gas, Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Private Co-op, Well
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Willows / O'Conner Area
  • Roof: Composition, Shingle
  • Stories: 1.0
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1952
  • Street Name: Menalto
  • Street Suffix: Avenue
  • Area ID: 308
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 5045
  • Structure SqFt Source: Assessor
  • Age: 75
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R20000
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 063-430-110
  • County Name: San Mateo
  • City Name: MENLO PARK
  • City Postal ID: 33
  • Postal Code: 94025
  • Elementary School: 653
  • Elementary School District: 931
  • Middle School Text: Hillview Middle
  • High School District Text: Sequoia Union High
  • High School Text: Menlo-Atherton High
Lot Information
  • Foundation: Concrete Perimeter, Raised
  • Horse Property: No
  • Lot Acres: .42
  • Lot Description: Flag Lot, Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $35,145
  • Building Unit Total: 4
  • Capitalization Rate: 3.32
  • Tenant Expenses: Services - Trash Removal
  • Income Includes: None
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $2,882
  • Expense Landscape: $1,200
  • Expense Maintenance: $250
  • Expense Management: $16,800
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $2,329
  • Expenses Total: $58,606
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax
  • Gross Rent Multiplier: 19.02
  • Income Annual Gross: $164,640
  • Income Annual Rental: $168,000
  • Income Gross Scheduled: $168,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,750
Unit 2 Information
  • Unit 2 Approx Square Footage: 1300
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,500
Unit 3 Information
  • Unit 3 Approx Square Footage: 1100
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $3,250
Unit 4 Information
  • Unit 4 Approx Square Footage: 1300
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $3,500
Unit Type 1
  • Unit Type1 Approx SqFt: 1300
Listing Info
Rental Info
  • Lease Type: Net

Property History for 1952 Menalto Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1952 Menalto Avenue

Taxable ValueLand$864,584Additions$462,039Total$1,326,623
Tax Record2023$18,611 ($1,551 / month)
Home Facts
Baths4Total Finished SqFt5,045 SqFtAbove Grade Finished SqFt5,045 SqFtStories1Lot Size18,445 SqFtStyleDuplexYear Built1948ZoningR20000CountySAN MATEOAPN063-430-110Fireplace TypeHas Fireplace

Schools near 1952 Menalto Avenue

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
Laurel Elementary School
PublicK to 5

Hillview Middle School
Public6 to 8

Menlo-Atherton High School
Public9 to 12

KIPP Esperanza 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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Golden Gate Sotheby's International Realty, Omar M. Kinaan, DRE #01723115

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.