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1545 San Antonio Ave
Menlo Park, CA 94025
Realm · Multifamily Property For Sale
·
27 Units
Investment Highlights
- Rare Menlo Park Investment Opportunity.
- Modern, Sophisticated Amenities in a Low-Density Setting.
- Affluent Renter Demographics and Housing Fundamentals.
- Boutique Scale with Exceptional Design Quality.
- Premier Silicon Valley Employment Base.
- Access to Top-Tier Public, Private & Higher Education.
Executive Summary
Institutional Property Advisors is pleased to present Realm, a unique opportunity to acquire a newly built, 27-unit luxury boutique apartment community in Menlo Park, CA, one of the most desirable and affluent residential markets in the Bay Area. Fronting El Camino Real near the crossroads of Menlo Park and Atherton, the property occupies a premier location along one of the Peninsula’s most established residential corridors, immediately proximate to leading technology companies, venture capital firms, and some of the Bay Area’s highest-income residential neighborhoods. Realm further benefits from convenient access to downtown Menlo Park, as well as walkable access to the Menlo Park Caltrain Station, providing direct regional connectivity throughout Silicon Valley.
Property Facts
| Sale Type | Investment | Lot Size | 1.71 AC |
| No. Units | 27 | Building Size | 34,600 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2022 |
| Building Class | B | ||
| Zoning | C - Commercial | ||
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.71 AC |
| Building Size | 34,600 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 2022 |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Double Vanities
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Patio
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Fitness Center
- Picnic Area
- Tenant Controlled HVAC
- Gated
- Grill
- Gas Range
- Package Service
- Wi-Fi
- Bicycle Storage
- Car Charging Station
- Elevator
- Lounge
- Online Services
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 485 - 630 |
| 2+2 | 17 | - | 1,022 - 1,265 |
| 3+2 | 2 | - | 1,349 |
Property Taxes
| Parcel Number | 061-422-370 | Improvements Assessment | $61,800,000 |
| Land Assessment | $25,656,936 | Total Assessment | $87,456,936 |
Property Taxes
Parcel Number
061-422-370
Land Assessment
$25,656,936
Improvements Assessment
$61,800,000
Total Assessment
$87,456,936
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