612 Cambridge Avenue

Menlo Park, CA 94025

$2,200,000
Price
Beds
2,624 Sq. Ft.
$838 / Sq. Ft.
2,624
Sq. Ft.
$838
per Sq. Ft.

Description

201 El Camino Real and 612 Cambridge Ave is an exceptional investment opportunity comprising a 3-parcel assemblage located in the thriving city of Menlo Park. The subject properties encompass a total of 23,160 square feet lot size, equivalent to 0.53 acres. 201 El Camino Real features a spacious 5,880 square feet retail/office building with a large parking lot on its own separate lot. The retail building was originally constructed in 1937 and features a lot size of approximately 7,390 square feet....201 El Camino Real and 612 Cambridge Ave is an exceptional investment opportunity comprising a 3-parcel assemblage located in the thriving city of Menlo Park. The subject properties encompass a total of 23,160 square feet lot size, equivalent to 0.53 acres. 201 El Camino Real features a spacious 5,880 square feet retail/office building with a large parking lot on its own separate lot. The retail building was originally constructed in 1937 and features a lot size of approximately 7,390 square feet. The parking lot features approximately 7,905 square feet. 612 Cambridge Ave is a stunning 4-unit multifamily asset comprising 2,624 square feet of interior space offering 1 two-bedroom and 3 one-bedroom units. 612 Cambridge features a lot size of approximately 7,865 square feet. The investment appeal of this asset is driven by Menlo Park's low vacancy levels and strong employment fundamentals. With a world-class location near major attractions and institutions such as Stanford University, Stanford Shopping Center, and Downtown Menlo Park, 201 El Camino Real & 612 Cambridge Ave is truly an exceptional investment opportunity.

Property Details for 612 Cambridge Avenue

MLS City Name
MENLO PARK
Building Type
OTHER
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752
Add your commute
LISTING UPDATED: 05/02/2024 04:35 PM

Property Details for 612 Cambridge Avenue

StatusActive
MLS #ML81964051
Days on Compass18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1917
Lot Size0.18 AC / 7,865 SF
CountySan Mateo County

Location

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752
Add your commute

Building Information for 612 Cambridge Avenue

Stories-Residences-Year Built1917Lot Size0.18 AC / 7,865 SF

Payment Calculator

$14,562 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$2,556

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 612 Cambridge Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 2624
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Other
  • Meters: None
  • Sewer Septic: Other
  • Utilities: Other
  • Water: Other
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Other
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Sharon Heights / Stanford Hills
  • Roof: Other
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Other
  • Street Number: 612
  • Street Name: Cambridge
  • Street Suffix: Avenue
  • Area ID: 301
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 2624
  • Structure SqFt Source: Other
  • Age: 107
Development Information
  • Zoning Detail: R-3
Location Information
  • Parcel Number: 071-413-380
  • 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: Other
  • Horse Property: No
  • Lot Acres: .18
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Annual Tax Amount: $0
  • Capitalization Rate: .00
  • Tenant Expenses: Other
  • Income Includes: Other
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 2,200,000.00
  • Income Annual Gross: $1
  • Income Annual Rental: $1
  • Income Gross Scheduled: $1
  • Income Other: $0

Property History for 612 Cambridge 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 612 Cambridge Avenue

Taxable ValueLand$2,150,000Additions$10,000Total$2,160,000
Tax Record2023$30,667 ($2,556 / month)
Home Facts
Baths4Total Finished SqFt2,624 SqFtAbove Grade Finished SqFt2,624 SqFtStories1Lot Size7,865 SqFtStyleMulti-Family Dwelling (2-4)Year Built1917ZoningR20000CountySAN MATEOAPN071-413-380

Schools near 612 Cambridge 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
Public - 9 to 12
Rating
School
Distance
Oak Knoll 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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612 Cambridge Avenue is for sale in Menlo Park, CA 94025. This property was listed for sale on May 2, 2024 by Marcus & Millichap, it's currently listed at $2,200,000. It has been on the market for a total of 18 days and was last sold on August 24, 2015. This listing's school districts are Menlo Park City Elementary School District, Sequoia Union High School District. Nearby schools include Oak Knoll Elementary School, Hillview Middle School and Menlo-Atherton High School. 612 Cambridge Avenue is a 0-bed, 0-bath, 2,624 sqft built in 1917.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752

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.