Seller's Agent in 2025
Annie Watson
Coldwell Banker Realty
(650) 380-9898
1 in this area
105 Total Sales
241 El Camino Real Menlo Park, CA 94025
Downtown Menlo Park Neighborhood
6
Beds
3
Baths
9,721
Sq Ft
0.46
Acres
Highlights
- 0.46 Acre Lot
- Tile Countertops
- Forced Air Heating and Cooling System
- Oak Knoll Elementary School Rated A
- Guest Parking
- Washer and Dryer
About This Home
As of July 2025Luxury Live Auction! Bidding to start from $5,000,000.00! Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!
Last Agent to Sell the Property
Coldwell Banker Realty License #01964881 Listed on: 01/31/2025
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $111,623
Year Built
- 1914
Lot Details
- 0.46 Acre Lot
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
Interior Spaces
- 9,721 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
- Washer and Dryer
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
- Tile Countertops
Flooring
- Laminate
- Concrete
- Vinyl
Parking
- 34 Parking Spaces
- Leased Parking
- Guest Parking
- Off-Street Parking
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Vented Exhaust Fan
- Separate Meters
Listing and Financial Details
- Total Actual Rent $313,138
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $5,575
- Insurance Expense $7,760
- Maintenance Expense $29,520
- Manager Expense $36,000
- Other Expense $9,115
- Utility Expense $5,733
- Trash Expense $3,461
- Operating Expense $202,843
- Gross Income $320,938
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2018
Sold by
Beltramo Daniel A and Beltramo Margaret R
Bought by
Hu Hanthree Llc
Purchase Details
Closed on
Mar 30, 2017
Sold by
Beltramo John R and Hoffman Daniel V
Bought by
Beltramo Daniel A and Beltramo Margaret R
Purchase Details
Closed on
Sep 9, 2008
Sold by
Beltramo John R
Bought by
Beltramo John R and Beltramo Teresa Rossotti
Purchase Details
Closed on
Sep 19, 2002
Sold by
Beltramo Daniel A
Bought by
Beltramo Daniel A and Beltramo Margaret R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $8,454,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | $2,740,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $6,500,000 | +30.0% | $669 / Sq Ft |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | Price Changed | $5,000,000 | -33.3% | $514 / Sq Ft |
| 03/23/2025 03/23/25 | Price Changed | $7,500,000 | -9.6% | $772 / Sq Ft |
| 03/16/2025 03/16/25 | Price Changed | $8,300,000 | -2.4% | $854 / Sq Ft |
| 03/05/2025 03/05/25 | Price Changed | $8,500,000 | -4.5% | $874 / Sq Ft |
| 02/17/2025 02/17/25 | Price Changed | $8,900,000 | -1.1% | $916 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $9,000,000 | -- | $926 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $111,623 | $8,530,000 | $8,476,000 | $54,000 |
| 2023 | $111,623 | $9,064,394 | $9,006,496 | $57,898 |
| 2022 | $101,537 | $8,886,662 | $8,829,899 | $56,763 |
| 2021 | $97,874 | $8,712,414 | $8,656,764 | $55,650 |
| 2020 | $99,677 | $8,623,080 | $8,568,000 | $55,080 |
| 2019 | $101,422 | $8,454,000 | $8,400,000 | $54,000 |
| 2018 | $46,217 | $3,263,472 | $3,128,837 | $134,635 |
| 2017 | $13,249 | $389,000 | $337,985 | $51,015 |
| 2016 | $12,073 | $381,373 | $331,358 | $50,015 |
| 2015 | $12,054 | $375,645 | $326,381 | $49,264 |
| 2014 | $11,603 | $368,287 | $319,988 | $48,299 |
Source: Public Records
Agents Affiliated with this Home
-
Annie Watson
-
Matt Aragoni
Seller Co-Listing Agent in 2025
Matt Aragoni
Coldwell Banker Realty
(650) 483-8949
1 in this area
60 Total Sales
-
R
Buyer's Agent in 2025
RECIP
Out of Area Office
Map
Source: MLSListings
MLS Number: ML81992412
APN: 071-413-360
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