1560 San Antonio St - Apartments FOR SALE


Menlo Park, CA 94025- Lindenwood
$4,000,000 USD
408-893-8063
1560 San Antonio St, Menlo Park, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/10
null | 2.76% Cap Rate

1560 San Antonio St
Menlo Park, CA 94025
Lindenwood


HIGHLIGHTS

  • VALUE ADD OPPORTUNITY DELIVERED WITH 25% VACANCY
  • PRIME DOWNTOWN MENLO PARK LOCATION

OVERVIEW

Adam Foley & Ben Mollahan of CBRE are pleased to present 1560 San Antonio St (the Property), a two-story multifamily asset built in 1958 situated on a 0.19 acre lot and comprised of eight (8) apartment units. The Property boasts 7,155 rentable square feet and features six (6) one-bedroom/ one-bathroom floorplans and two (2) two-bedroom/one-bathroom floorplans. The Property’s premiere location within walking distance to Downtown Menlo Park generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to purchase an investment property in one of the most sought after locations in all of Menlo Park. Perfectly situated roughly three minutes from Menlo Park’s Caltrain station, near Interstate 280, Highway 101, Highway 84 and Highway 82, this asset is just moments away from Tech & Venture Hubs such as Facebook, Robinhood, Sequoia Capital, Andreessen Horowitz, and Stanford. In addition, the property is less than a half-mile away from Downtown Menlo Park, featuring luxury shopping, entertainment, and high-end dining options. Please reach out to Adam or Ben for additional information and to schedule a tour.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$357 USD /SF

# OF UNITS

8

PRICE/UNIT

$500,000

CAP RATE

2.76%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,189 SF

ZONING

R3

APN/PARCEL ID

061-421-170

ASK ABOUT THIS PROPERTY

Adam FoleyCBREMore Info
408-893-8063

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Adam FoleyCBREMore Info
408-893-8063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.