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201 El Camino Real & 612 Cambridge Ave 3 Properties Offered at $7,499,000 in Menlo Park, CA
INVESTMENT HIGHLIGHTS
- Prime Menlo Park Foreclosure Investment Opportunity - Comprises of a 100% vacant fourplex, retail and land requiring extensive renovations
- Favorable Zoning Designations - 201 El Camino Real and 612 Cambridge feature favorable zoning designations allowing for a wide variety of use cases.
- Large Lot Sizes - The subject properties offer investors large lot sizes just blocks from Stanford University.
- Notable Nearby Attractions - The subject property is within proximity to the prestigious Stanford University as well as major lifestyle centers.
EXECUTIVE SUMMARY
201 El Camino Real and 612 Cambridge Ave is a foreclosure investment opportunity, featuring a three-parcel assemblage that includes a 100% vacant fourplex, retail space and land, all requiring extensive renovations.
The subject properties encompass a total of 23,160 square feet lot size, equivalent to 0.53 acres. 201 El Camino Real features a spacious 5,880 square feet retail/office building with a large parking lot on its own separate lot. The retail building was originally constructed in 1937 and features a lot size of approximately 7,390 square feet. The parking lot features approximately 7,905 square feet. 612 Cambridge Ave is a 4-unit multifamily asset comprising 2,624 square feet of interior space offering 1 two-bedroom and 3 one-bedroom units. 612 Cambridge features a lot size of approximately 7,865 square feet.
The investment appeal of this asset is driven by Menlo Park's low vacancy levels and strong employment fundamentals. With a world-class location near major attractions and institutions such as Stanford University, Stanford Shopping Center, and Downtown Menlo Park, 201 El Camino Real & 612 Cambridge Ave is truly an exceptional investment opportunity.
The subject properties encompass a total of 23,160 square feet lot size, equivalent to 0.53 acres. 201 El Camino Real features a spacious 5,880 square feet retail/office building with a large parking lot on its own separate lot. The retail building was originally constructed in 1937 and features a lot size of approximately 7,390 square feet. The parking lot features approximately 7,905 square feet. 612 Cambridge Ave is a 4-unit multifamily asset comprising 2,624 square feet of interior space offering 1 two-bedroom and 3 one-bedroom units. 612 Cambridge features a lot size of approximately 7,865 square feet.
The investment appeal of this asset is driven by Menlo Park's low vacancy levels and strong employment fundamentals. With a world-class location near major attractions and institutions such as Stanford University, Stanford Shopping Center, and Downtown Menlo Park, 201 El Camino Real & 612 Cambridge Ave is truly an exceptional investment opportunity.
PROPERTY FACTS
| Price | $7,499,000 | Number of Properties | 3 |
| Price / SF | $881.82 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 8,504 SF |
| Sale Type | Investment | Total Land Area | 0.52 AC |
| Status | Active |
| Price | $7,499,000 |
| Price / SF | $881.82 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 8,504 SF |
| Total Land Area | 0.52 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 201 El Camino Real, Menlo Park, CA 94025 | Land | 0.18 AC | - | - |
| 612 Cambridge Ave, Menlo Park, CA 94025 | Multifamily | 2,624 SF | 1917 | - |
| 201 El Camino Real, Menlo Park, CA 94025 | Retail | 5,880 SF | 1960 | - |
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201 El Camino Real & 612 Cambridge Ave
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