780800 Arbor Road, Menlo Park, CA 94025
Commercial property
Sold September 2024
Listing Agent: Carlos Azucena (DRE #01738155) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Yura Wang · Real Estate eBroker Inc · MLS #ML81973762 · Source: CRMLS
About this commercial property
780-800 Arbor Road is an eight-unit multifamily property located in downtown Menlo Park. The unit mix is (8) 1 bedroom / 1 bathroom that average 759 sf each per county records (buyer to verify). The property sits on a 0.28 acre (12,327 Sqft) lot. Among the amenities are on-site laundry (owned not leased), individual carports for each unit along with ample street parking. The property has been well maintained under the current owner for over 30 years. 780-800 Arbor is being offered at the highest cap rate currently seen in Menlo Park. It presents an excellent value-add opportunity for a savvy investor to own in one of the most desirable markets in the country.
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history