$4,800,000
SOLD JUL 23, 2026
8 Beds
4 Baths
5,088 Sq Ft
1949 Built

Sale Details

Date Sold: July 23, 2026

$943 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2026

Rare Compound-Style Investment Opportunity. 4 Beautiful Side-by-Side Homes in Downtown Menlo Park. Tucked away on a private lane, this unique property features two separate duplex buildings designed to function like four individual single-family homes. The only shared walls are at the garages, creating an uncommon level of privacy and separation for tenants or homeowners. Ideally situated just off University Drive, the property is conveniently located near: Downtown Menlo Park, Nealon Park, Draegers, Stanford Shopping Center, and Downtown Palo Alto. Strong Rental Income Potential. The property currently has 3 of the 4 units leased, providing immediate income with future upside. Award Winning Oak Knoll School District

Last Agent to Sell the Property

Keri Nicholas

Parc Agency Corporation License #01198898 Listed on: 07/06/2026

Last Buyer's Agent

Mojey Ghafouri-Daryani

NuAddress Agency License #01318492

NuAddress Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,088 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Listing and Financial Details

  • Total Actual Rent $125,400

Community Details

Overview

  • 5,088 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $6,000
  • Insurance Expense $12,000
  • Maintenance Expense $10,000
  • Utility Expense $5,000
  • Operating Expense $45,000
  • Gross Income $125,400

Property Details

Home Type

Multi-Family

Year Built

1949

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5088
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 5088
  • Stories: 1
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage
  • Carport Min: 1

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 658

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15071.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15071.00

Rental Info

  • Gross Rent Multiplier: 39.47
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 12000
  • Expense Landscape: 6000
  • Expense Maintenance: 10000
  • Expenses Total: 45000
  • Expenses Utility: 5000
  • Income Annual Gross: 125400.00
  • Income Annual Rental: 125400
  • Income Gross Scheduled: 125400
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 4
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2026 07/23/26 Sold $4,800,000 -3.0% $943 / Sq Ft
07/16/2026 07/16/26 Pending -- -- --
07/06/2026 07/06/26 For Sale $4,950,000 -- $973 / Sq Ft
Source: MLSListings

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82053190

MLSListings
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