$2,898,000
PENDING

Estimated payment $18,086/month

Total Views 4,421
5 Beds
3 Baths
2,666 Sq Ft
$1,087 Price per Sq Ft

Highlights

  • Wood Flooring
  • Granite Countertops
  • Forced Air Heating System
  • Oak Knoll Elementary School Rated A
  • Balcony
  • Washer and Dryer

About This Home

Rare opportunity to own a spacious, updated duplex in the heart of Menlo Park perfect for owner-occupants seeking rental income or investors expanding their portfolio. Each home offers private interiors with no shared walls, plus a shared garage and driveway, blending privacy and practicality in a premier Silicon Valley location. The front unit is a charming single-story 2BD/1BA featuring hardwood floors, double-pane windows, recessed LED lighting, a fireplace, and a private patio. The updated eat-in kitchen includes quartz countertops, tile flooring, painted cabinets, and a full suite of appliances. Central heating and access to the shared garage are also included. The rear unit is a remodeled two-story 3BD/2BA with a newer roof, fresh paint, refinished hardwood floors, and an upgraded heating system. The large kitchen offers wraparound granite counters, ample cabinetry, and garden views. The oversized living room opens to a landscaped yard and enclosed den/storage room. Two bedrooms and a full bath are on the main level; upstairs features a private primary suite with a modern ensuite bath. In-home laundry included. Close to Stanford, Caltrain, Downtown Menlo Park, parks, and dining, this property offers versatility, income potential, and timeless appeal.

Listing Agent

Louis Melo

Atlantis Properties License #00923161 Listed on: 06/02/2025

Co-Listing Agent

Gabriel Follette

Atlantis Properties License #02205205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,594

Year Built

  • 1959

Lot Details

  • 7,475 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,666 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,383
  • Maintenance Expense $5,000
  • Manager Expense $6,116
  • Utility Expense $3,100
  • Operating Expense $42,393
  • Gross Income $62,395

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,594

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 66
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2666
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Refrigerator
  • Living Sq Ft: 2666
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1716
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7477.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7477.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 46.45
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2383
  • Expense Landscape: 1200
  • Expense Maintenance: 5000
  • Expense Management: 6116
  • Expenses Total: 42393
  • Expenses Utility: 3100
  • Income Annual Gross: 62395.00
  • Income Annual Rental: 62395
  • Income Gross Scheduled: 62395
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $24,594 $1,920,473 $1,344,334 $576,139
2023 $24,594 $1,809,708 $1,266,798 $542,910
2022 $23,426 $1,774,224 $1,241,959 $532,265
2021 $22,877 $1,739,436 $1,217,607 $521,829
2020 $22,705 $1,721,601 $1,205,122 $516,479
2019 $22,355 $1,687,845 $1,181,493 $506,352
2018 $21,764 $1,654,751 $1,158,327 $496,424
2017 $21,376 $1,622,306 $1,135,615 $486,691
2016 $20,748 $1,590,498 $1,113,349 $477,149
2015 $20,487 $1,566,608 $1,096,626 $469,982
2014 $20,059 $1,535,921 $1,075,145 $460,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $2,898,000 -- $1,087 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $1,499,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Individual Deed $904,000 North American Title Company
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $1,007,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Unknown
Previous Owner $1,063,350 Negative Amortization
Previous Owner $1,052,000 Negative Amortization
Previous Owner $816,000 Unknown
Previous Owner $723,200 Purchase Money Mortgage
Previous Owner $500,000 Stand Alone First
Previous Owner $500,000 No Value Available
Previous Owner $500,000 No Value Available
Source: Public Records

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Source: MLSListings

MLS Number: ML82009409

MLSListings

APN: 071-405-120