NOT LISTED FOR SALE

90 Loyola Ave Menlo Park, CA 94025

North Fair Oaks Neighborhood

Estimated Value: $2,358,000 - $4,802,000

6 Beds
6 Baths
4,118 Sq Ft
$820/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $2,504,000 $608 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $21,017/month

68 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Walk-In Closet
  • Menlo-Atherton High School Rated A
  • Granite Countertops
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

The property consists of a 9,000+ square foot parcel with two 2,000+ square foot 3 bedroom 2.5 bathroom homes. The adjoining parcel, with an additional two homes, is also available (see MLS #81945880). Each house also has a large room on the ground floor that is being used as a 4th bedroom. but could be used as an office or flex space. Each home features: central heat/AC, tile roof, fire sprinklers, granite counters in kitchens, hardwood floors, stainless appliances, six burner stoves, recessed lighting, fireplace, in unit washer/dryer, crown molding, vaulted ceilings upstairs, 9 foot ceilings + vaulted ceilings downstairs, walk-in closets, steam shower, dual vanities, custom windows, plantation shutters, paver driveways and walkways, Don't miss this rental investment in a desirable location.

Last Agent to Sell the Property

Tom LeMieux

Compass License #01066910 Listed on: 10/23/2023

Compass

Co-Listed By

Steve Zirelli

Cornish & Carey Commercial License #01929245

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,167

Year Built

  • 1999

Lot Details

  • 9,400 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Duplex
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 4,118 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fire Sprinkler System
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $132,000

Community Details

Overview

  • 4,118 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $3,500
  • Maintenance Expense $4,378
  • Operating Expense $42,978
  • Gross Income $125,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,167

Year Built

1999

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 24
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4118
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Microwave, Oven Range - Gas
  • Living Sq Ft: 4118
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • Yard/Grounds: Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Carport
  • Carport Min: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.2158
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9400.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written
  • Gross Rent Multiplier: 20.83
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 3500
  • Expense Landscape: 1500
  • Expense Maintenance: 4378
  • Expenses Total: 42978
  • Income Annual Gross: 125400.00
  • Income Annual Rental: 132000
  • Income Gross Scheduled: 132000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Jan 9, 2024
Sold by
Jelincich Karina and Jelincich Sarita
Bought by
3 Patricia Place Lp
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,750,000
Sold Price
$2,504,000
Premium/Discount to List
-$246,000
-8.95%
Views
63
Current Estimated Value
$3,375,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$871,969
Avg. Annual Appreciation
20.12%

Purchase Details

Closed on
Jun 16, 2017
Sold by
Jelincich Tony
Bought by
Jelincich Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 6, 2007
Sold by
Jelincich Vinka
Bought by
Jelincich Tony

Purchase Details

Closed on
Jan 21, 1998
Sold by
Jelincich Vinka
Bought by
Jelincich Tony

Purchase Details

Closed on
Jan 20, 1998
Sold by
Lola Fox and Lawrence Bertolucci
Bought by
Jelincich Tony
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
3 Patricia Place Lp $2,504,000 Lawyers Title Company
Jelincich Karina -- Lawyers Title Company
Jelincich Tony -- Lawyers Title Company
Jelincich Tony -- None Available
Jelincich Tony -- North American Title Co
Jelincich Tony $540,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jelincich Tony $1,250,000
Previous Owner Jelincich Tony $877,500
Previous Owner Jelincich Tony $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $2,504,000 -8.9% $608 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $2,750,000 -- $668 / 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 $33,167 $2,554,080 $1,358,640 $1,195,440
2023 $33,167 $2,652,000 $918,000 $1,734,000
2022 $17,702 $1,498,085 $406,250 $1,091,835
2021 $17,514 $1,468,712 $398,285 $1,070,427
2020 $17,268 $1,453,654 $394,202 $1,059,452
2019 $17,148 $1,425,152 $386,473 $1,038,679
2018 $16,629 $1,397,209 $378,896 $1,018,313
2017 $16,274 $1,369,814 $371,467 $998,347
2016 $15,959 $1,845,802 $364,184 $1,481,618
2015 $20,733 $1,818,077 $358,714 $1,459,363
2014 $24,139 $2,134,162 $703,385 $1,430,777
Source: Public Records

Agents Affiliated with this Home

  • Tom LeMieux

    Seller's Agent in 2024

    Tom LeMieux

    Compass

    (650) 465-7459

    7 in this area

    102 Total Sales

    Tom LeMieux
    Section Image
  • Steve Zirelli

    Seller Co-Listing Agent in 2024

    Steve Zirelli

    Cornish & Carey Commercial

    (650) 688-8508

    2 in this area

    36 Total Sales

    Steve Zirelli
    Section Image

  • R

    Buyer's Agent in 2024

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81945881

MLSListings

APN: 060-291-270

California San Mateo County Menlo Park 94025 North Fair Oaks

90 Loyola Ave, Menlo Park, CA

This home is located at 90 Loyola Ave, Menlo Park, CA 94025 since 23 October 2023 and is currently estimated at $3,375,969, approximately $819 per square foot. This property was built in 1999. 90 Loyola Ave is a home located in San Mateo County with nearby schools including Garfield Elementary School, John F. Kennedy Middle School, and Menlo-Atherton High School.

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