339 Waverley St - Multi-Family FOR SALE


Menlo Park, CA 94025- Linfield Oaks
$2,550,000 USD
650-515-6555
339 Waverley St, Menlo Park, CA for Sale
$2,550,000 USD
Multi-Family - FOR SALE
1/19
null | 2.16% Cap Rate

339 Waverley St
Menlo Park, CA 94025
Linfield Oaks


HIGHLIGHTS

  • Prime Duplex in Highly Desirable Linfield Oaks Neighborhood - OPEN HOUSE: Tuesday, March 24th from 10am - 1pm
  • Ideal for Investor or Owner-Occupier - Excellent In-Place Rents - Tenants Month-to-Month
  • Two 1,000+ SF Two-Bedroom / One-Bath Homes That Were Fully Renovated
  • Current Owner Spent $200,000 on Fully Renovating Both Homes
  • NO SHARED WALLS – Single-Family Home Living Experience
  • Equidistant to Both Downtown Areas of Menlo Park & Palo Alto - Bike Score 99 (Biker’s Paradise)

OVERVIEW

339 & 341 Waverley Street is an incredible opportunity to acquire a prime duplex in the highly desirable Linfield Oaks Neighborhood of Menlo Park. The two homes are connected by garage only, so there are no shared walls, creating a single-family home living experience. Both units are 1,000+ SF 2-Bed / 1-Bath homes that were fully renovated. The owner spent $200,000 fully renovating both homes. Ideal for Owner-Occupier, and Excellent Opportunity for Investor. Great in-place rents with ability to implement high-end renovations on front home and add significant value. NO SHARED WALLS - Single-family home living experience. Both homes have large private yards and offer private garages with washers & dryers included. Upgraded electrical system (main & sub panels), new individual water heaters & furnaces (inquire for a complete list of recent capital improvements). Convert one of the garages to an ADU! Excellent Silicon Valley Location! Bike score 99 ("Bikers Paradise"). Equidistant to both downtown areas of Menlo Park & Palo Alto. Close to parks, shops, restaurants, public amenities, great schools.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$1,272 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,275,000

CAP RATE

2.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,458 SF

ZONING

-

APN/PARCEL ID

062-412-080

ASK ABOUT THIS PROPERTY

Matthew ThomsonARA NewmarkMore Info
650-515-6555

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Matthew ThomsonARA NewmarkMore Info
650-515-6555

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