GREAT OPPORTUNITY FOR THE SAVY INVESTOR!! BEST DEAL IN THE PENINSULA! Building is located in a desirable rental area and close to Facebook camps and Stanford University . This Building has lots of Capitola improvements and it has 3 large 2 bedrooms units totally renovated a little bet over a year with new kitchen with granite counters and stainless appliances, bathroom with ceramic tile, engineerings and elegant floors, new paint, windows and heatings and more. Plus it has 2 car spaces per unit and very low maintenance. Current rents $8,650 a month with 14.92 Gross Rent Multiplier..
Off market
$1,721,400
550 Market Pl, Menlo Park, CA 94025
--beds
0baths
3,118sqft
MultiFamily
Built in 1961
-- sqft lot
$1,721,400 Zestimate®
$552/sqft
$6,444 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Wall
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Washer
- Laundry: Hookups Only
Features
- Flooring: Carpet, Laminate
Interior area
- Total interior livable area: 3,118 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport
Lot
- Size: 6,229 sqft
Details
- Parcel number: 062016020
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Utilities for property: Public Utilities
Community & neighborhood
Location
- Region: Menlo Park
Other
Other facts
- Heating: Wall Furnace
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Roof: Composition
- Sewer Septic: Sewer Connected
- Structure SqFt Source: Assessor
- Listing Type: Exclusive Right to Sell
- Subclass: Triplex
- Water: Public
- Utilities: Public Utilities
- Garage Parking Features: Covered Parking, Parking Area
- Laundry: Hookups Only
- Special Features: Parking
- Style: Contemporary
- Cooling: Ceiling Fan
- Foundation: Wood Frame
- Additional Listing Info: Not Applicable
- Listing Class: Residential Income (2-4 units)
- Meters: Separate Electric, Separate Gas
- Unit 2 Number of Bedrooms: 2
- Unit 1 Number of Bedrooms: 2
- Unit 3 Number of Bedrooms: 2
- Unit 2 Rent: 2900
- Unit 3 Rent: 2850
- Unit 1 Rent: 2990
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Estimated market value
$1,721,400