616 Harvard Avenue

Menlo Park, CA 94025

$3,088,000
Last Sold Price
Beds
4,023 Sq. Ft.
$768 / Sq. Ft.
4,023
Sq. Ft.
$768
per Sq. Ft.

Description

Location! Location! Location. Four (4) Town-House Style Rental Units. Minutes (walkable per residents) to shops, restaurants, cafes and grocery stores of Downtown Menlo Park, Palo Alto and Stanford Shopping Center. Desirable two-story 2-Bedroom/1.5-Bathroom town-house style units. Over 1,000+ sqft in size. Lots of storage and natural light. Central forced heat in each unit. Private laundry/dryer room onsite. Large backyards/patios for each unit. New roofs (2017). Detached carports with storage rooms....Location! Location! Location. Four (4) Town-House Style Rental Units. Minutes (walkable per residents) to shops, restaurants, cafes and grocery stores of Downtown Menlo Park, Palo Alto and Stanford Shopping Center. Desirable two-story 2-Bedroom/1.5-Bathroom town-house style units. Over 1,000+ sqft in size. Lots of storage and natural light. Central forced heat in each unit. Private laundry/dryer room onsite. Large backyards/patios for each unit. New roofs (2017). Detached carports with storage rooms. Significant upside in rents. **Contact listing agents for a detailed sales brochure and photo gallery** ** OPEN HOUSE ** Wednesday (5/24/23) from 1:00pm - 2:30pm - FOR THOSE WHO CONFIRM ATTENDANCE WITH LISTING AGENTS.

Listing Agents

  1. Nate Gustavson

    Nate Gustavson

    Listing Agent

    Compass

    DRE #01898316

  2. Cameron Foster

    Cameron Foster

    Alternative Listing Agent

    Compass

    DRE #00972394

Property Details for 616 Harvard Avenue

MLS City Name
MENLO PARK
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
4

Location

Listing Courtesy of Compass, Nate Gustavson, DRE #01898316; Compass, Cameron Foster, DRE #00972394

Sold By Goodview Financial & Real Estate, Shirley Chu, DRE #02092510

Add your commute
LISTING UPDATED: 07/06/2023 01:26 AM

Property Details for 616 Harvard Avenue

StatusSold
MLS #ML81928779
Days on Compass23
Taxes$41,054 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.19 AC / 8,400 SF
CountySan Mateo County

Location

Listing Courtesy of Compass, Nate Gustavson, DRE #01898316; Compass, Cameron Foster, DRE #00972394

Sold By Goodview Financial & Real Estate, Shirley Chu, DRE #02092510

Add your commute

Building Information for 616 Harvard Avenue

Stories2Residences4Year Built1963Building Size-Lot Size0.19 AC / 8,400 SF

Payment Calculator

$20,274 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,852

Property Taxes

$3,421

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 616 Harvard Avenue

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Cooktop - Electric, Dishwasher, Microwave, Pantry, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Laundry: Washer / Dryer
  • Living SqFt: 4023
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Central Forced Air
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public, Water On Site
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Covered Parking, Lighted Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Allied Arts / Downtown
  • Roof: Composition, Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 616
  • Street Name: Harvard
  • Street Suffix: Avenue
  • Area ID: 304
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4023
  • Structure SqFt Source: Assessor
  • Age: 60
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: Multi-Residential
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 071-433-160
  • 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: Concrete Slab
  • Horse Property: No
  • 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
General Information
  • Annual Tax Amount: $41,054
  • Building Unit Total: 4
  • Capitalization Rate: 2.56
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $3,350
  • Expense Landscape: $1,080
  • Expense Maintenance: $5,084
  • Expense Management: $0
  • Expense Trash: $5,203
  • Expenses Other: $732
  • Expenses Utility: $6,466
  • Expenses Total: $62,969
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities - Electric, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 21.50
  • Income Annual Gross: $143,472
  • Income Annual Rental: $146,400
  • Income Gross Scheduled: $146,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,050
Unit 2 Information
  • Unit 2 Approx Square Footage: 1004
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,050
Unit 3 Information
  • Unit 3 Approx Square Footage: 1004
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $3,050
Unit 4 Information
  • Unit 4 Approx Square Footage: 1004
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $3,050
Unit Type 1
  • Unit Type1 Approx SqFt: 1004

Property History for 616 Harvard 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 616 Harvard Avenue

Taxable ValueLand$126,380Additions$294,919Total$421,299
Tax Record2023$11,726 ($977 / month)
Home Facts
Baths6Total Finished SqFt4,023 SqFtAbove Grade Finished SqFt4,023 SqFtStories2Lot Size8,400 SqFtStyleQuadraplexYear Built1963CountySAN MATEOAPN071-433-160Fireplace TypeHas Fireplace

Schools near 616 Harvard 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Compass, Nate Gustavson, DRE #01898316; Compass, Cameron Foster, DRE #00972394

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.