NOT LISTED FOR SALE

3627 Alameda de Las Pulgas Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $2,650,000 - $5,611,000

8 Beds
8 Baths
4,710 Sq Ft
$817/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $4,200,000 $892 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $22,773/month

144 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Balcony
  • Las Lomitas Elementary School Rated A+
  • Granite Countertops
  • 4 Car Attached Garage

About This Home

As of March 2019

Highly sought after West Menlo Park location offers an investor a rare opportunity to acquire a prestigious turnkey investment property. Property consists of two adjacent duplexes being sold together. Two stand-alone single level units, for a total of 4 units. These large updated units each have 2 beds, 2 baths, a private patio area and an enclosed garage. Combined $12,500 sq.ft. lot. New paint and floors. Currently all units are vacant. Desirable Menlo Park schools, close to shops and restaurants, easy access to Stanford and commute routes, all enhance the allure of this property. Indicated expenses may be subject to change with new owner.

Last Agent to Sell the Property

John Spiller

Coldwell Banker Realty License #70010018 Listed on: 10/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Klaus Borho

KW Bay Area Living License #01341466

KW Bay Area Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,419

Year Built

  • 1960

Lot Details

  • 0.29 Acre Lot
  • Gentle Sloping Lot
  • Sprinklers on Timer

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,710 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • City Views
  • Security Lights
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops
  • Disposal

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $211,200

Community Details

Overview

  • 4,710 Sq Ft Building

Building Details

  • Gardener Expense $540
  • Insurance Expense $2,800
  • Utility Expense $4,800
  • Trash Expense $1,200
  • Operating Expense $57,316
  • Gross Income $204,864

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,419

Year Built

1960

Lot Details

0

Parking

4

Listing Details

  • Zoning: R20000
  • Subclass: Fourplex
  • Style: Traditional
  • Age: 58
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4710
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Countertop - Laminate, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Oven - Built-In
  • Living Sq Ft: 4710
  • Stories: 1
  • Security: Secured Garage / Parking, Security Lights
  • Laundry: Washer / Dryer
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: City
  • Yard/Grounds: Balcony / Patio, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Las Lomitas Elementary
  • Middle School: La Entrada Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 651
  • Middle School: 648

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 0.2870
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12500.00

Green Features

  • Energy Features: Ceiling Insulation, Thermostat Controller

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 18.88

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2800
  • Expense Landscape: 540
  • Expenses Total: 57316
  • Expenses Utility: 4800
  • Expense Trash: 1200
  • Income Annual Gross: 204864.00
  • Income Annual Rental: 211200
  • Income Gross Scheduled: 211200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 4
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Mcquarrie Duncan Park and Stiles Sally Mcquarrie
Bought by
Mcquarrie Duncan Park and Stiles Sally Mcquarrie
Current Estimated Value
$3,848,708

Purchase Details

Closed on
Jun 19, 2017
Sold by
Mcquarrie Duncan Park and Stiles Sally Mcquarrie
Bought by
Mcquarrie Duncan Park and Stiles Sally Mcquarrie
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcquarrie Duncan Park -- Cornerstone Title Co
Mcquarrie Duncan Park -- Cornerstone Title Co
Mcquarrie Duncan Park -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2019 03/27/19 Sold $4,200,000 +5.3% $892 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $3,988,000 -15.1% $847 / Sq Ft
12/24/2018 12/24/18 Price Changed $4,700,000 -17.4% $998 / Sq Ft
10/12/2018 10/12/18 For Sale $5,688,000 -- $1,208 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $28,419 $2,342,585 $1,952,156 $390,429
2023 $28,419 $2,251,621 $1,876,352 $375,269
2022 $27,158 $2,207,472 $1,839,561 $367,911
2021 $26,728 $2,164,190 $1,803,492 $360,698
2020 $26,134 $2,142,000 $1,785,000 $357,000
2019 $4,157 $125,796 $26,361 $99,435
2018 $3,985 $123,331 $25,845 $97,486
2017 $3,831 $120,914 $25,339 $95,575
2016 $3,729 $118,544 $24,843 $93,701
2015 $3,589 $116,764 $24,470 $92,294
2014 $3,420 $114,478 $23,991 $90,487
Source: Public Records

Agents Affiliated with this Home

  • John Spiller

    Seller's Agent in 2019

    John Spiller

    Coldwell Banker Realty

    (650) 483-8815

    10 Total Sales

    John Spiller
    Section Image

  • K

    Buyer's Agent in 2019

    Klaus Borho

    KW Bay Area Living

    Section Image
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Map

Source: MLSListings

MLS Number: ML81727398

MLSListings

APN: 074-082-200

California San Mateo County Menlo Park 94025 Central Menlo Park

3627 Alameda de Las Pulgas, Menlo Park, CA

This home is located at 3627 Alameda de Las Pulgas, Menlo Park, CA 94025 since 12 October 2018 and is currently estimated at $3,848,708, approximately $817 per square foot. This property was built in 1960. 3627 Alameda de Las Pulgas is a home located in San Mateo County with nearby schools including Las Lomitas Elementary School, La Entrada Middle School, and Menlo-Atherton High School.

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