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211-311 Semicircular Road, Menlo Park
Menlo Park, CA 94025
Multifamily Property For Sale
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10 Units
Investment Highlights
- Excellent Unit Mix: (4) 2+1s and (6) 1+1s
- Outstanding in-place rents: Day One 5.62% Cap Rate
- Electrical System is all circuit breakers
- Huge, oversized units with attractive floorplans: Two-Bedroom units are over 1,000 SF / One-Bedroom units are over 800 SF
- Most units fully renovated
- All copper plumbing
Property Facts
| No. Units | 10 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 14,630 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1990 |
| Zoning | R3, Redwood City | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 14,630 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1990 |
| Zoning | R3, Redwood City |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $2,425 | 600 - 807 |
| 2+1 | 4 | $3,400 | 1,033 |
Property Taxes
| Parcel Number | 060-092-210 | Improvements Assessment | $797,405 |
| Land Assessment | $348,852 | Total Assessment | $1,146,257 |
Property Taxes
Parcel Number
060-092-210
Land Assessment
$348,852
Improvements Assessment
$797,405
Total Assessment
$1,146,257
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