SELLER FINANCING @ 4% per annum ? Quality "mixed use" property on El Camino Real! (5 units total) Downstairs there is a Mtn. Mike’s Pizza with a secure 15 year lease with (2) five year options. Upstairs there are (4) quality residential units (nicely remodeled) with long term tenants. Top location in Menlo Park with secure income stream from the (NNN) triple net lease from Mtn. Mike’s Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Currently under professional management by (IPS) Income Property Services. Call listing agent for full cash flow analysis or open the disclosures.
Property Details
Price:
$3,832,000
MLS #:
ML81984239
Status:
Active
Baths:
0
Address:
1001 El Camino Real
Type:
Residential Income
Subtype:
Mixed Use
Neighborhood:
699notdefined
City:
Menlo Park
Listed Date:
Oct 18, 2024
State:
CA
ZIP:
94025
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1923
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Schools
Interior
Accessibility Features
None
Cooling
Central Air
Heating
Wall Furnace
Exterior
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
Corners Marked
Parking Spots
0.00
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1001 El Camino Real Menlo Park CA
- Area699 – Not Defined
- CityMenlo Park
- CountySan Mateo
- Zip Code94025
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Courtesy of Intero Real Estate Services. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1001 El Camino Real
Menlo Park, CA
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