855 Fremont Street
855 Fremont Street
$2,725,000
—
2,162
2,162
$1,260
Sold 10/13/22
Description
Downtown convenience in a nice quiet residential neighborhood! Walk to downtown Menlo Park, Caltrain, Parks, etc. This is a well maintained 4-plex with all spacious 1-bed, 1-bath units. Good in-place rents and opportunities for additional value and income through ADU conversion, expansion over the carport, condo conversion, and in-unit laundry. Significant recent interior and common area capital improvements including: an extensive electrical upgrade in 2008, sewer line replacement in 2020, 2 new...Downtown convenience in a nice quiet residential neighborhood! Walk to downtown Menlo Park, Caltrain, Parks, etc. This is a well maintained 4-plex with all spacious 1-bed, 1-bath units. Good in-place rents and opportunities for additional value and income through ADU conversion, expansion over the carport, condo conversion, and in-unit laundry. Significant recent interior and common area capital improvements including: an extensive electrical upgrade in 2008, sewer line replacement in 2020, 2 new water heaters in 2021, water-conserving landscaping and plumbing fixtures, and carport water sealing and roof repairs. Excellent tenant profile with primarily Stanford grad students. This is the border of the higher density R3 zoning in the downtown district. Lock in a pre-inflation interest rate by assuming the seller's great loan: $1,089,078 @ 3.25% fixed for another 6.5 years! Unit #2 is currently vacant so that rent is a market estimate and we can show that unit by appointment.
- Listed by Bryan Danforth • DRE #01789680 • Newmark Cornish & Carey • 650-274-5227
- Listed by Judy Decker • DRE #01199563 • Compass
Property Details for 855 Fremont Street
MLS City Name
MENLO PARK
Building TypeFOURPLEX
Garage Spaces0
Parking Spaces0
Location
LISTING UPDATED: 10/18/2022 09:29 AM
Property Details for 855 Fremont Street
Status | Sold |
---|---|
MLS # | ML81901249 |
Days on Compass | 69 |
Taxes | $37,496 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1950 |
Lot Size | 0.13 AC / 5,600 SF |
County | San Mateo County |
Location
Building Information for 855 Fremont Street
Stories2Residences4Year Built1950Building Size-Lot Size0.13 AC / 5,600 SF
Payment Calculator
$17,996 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 855 Fremont Street
Property History for 855 Fremont Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 855 Fremont Street
Taxable ValueLand$1,800,000Additions$925,000Total$2,725,000
Tax Record2023$36,658 ($3,055 / month)
Home Facts
Baths4Total Finished SqFt2,162 SqFtAbove Grade Finished SqFt2,162 SqFtStories2Lot Size5,600 SqFtStyleQuadraplexYear Built1950CountySAN MATEOAPN071-291-030
Schools near 855 Fremont Street
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 |
---|---|---|
Oak Knoll Elementary School PublicK to 5 | ||
Hillview Middle School Public6 to 8 | ||
Menlo-Atherton High School Public9 to 12 | ||
Everest Public 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.
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