1129 Willow Road, Menlo Park, CA 94025 FOR SALE ; Garden/Low-Rise ; Multi-Family 1; San Mateo County
1129 Willow Road, Menlo Park, CA 94025 FOR SALE ; Garden/Low-Rise ; Multi-Family 1; San Mateo County
Property Information:
Multifamily Property For Sale
- Price: $1,798,000
- No. Units: 5
- Building Size: 3,852 SF
- Price/Unit: $359,600
- Property Type: Multifamily
- Property Sub-type: Garden/Low-Rise
- Property Use Type: Investment
- Cap Rate: 5.44%
- Lot Size: 0 AC
- Listing ID: 18959425
- Last Updated: 4 days ago
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Highlights
- Rare Menlo Park Investment Opportunity
- Walking Distance to New Facebook Headquarters
- Direct Access to Highway 101 and the Dumbarton Bridge
- Central Location Between San Francisco and San Jose
- Significant Upside Potential in Rental Income
Description
1129 Willow Road offers an investor a rare opportunity to own a prestigious Menlo Park investment property. The subject property contains five One Bedroom/One-Bathroom cottage style units. The building has a total of 3,852 square feet of living space and is situated on a 0.14 Acre lot. Each unit benefits from an individual parking garage. As job growth continues to outpace new housing construction, rents continue to rise throughout the Bay Area. 1129
Willow Road is a truly rare opportunity to own a prestigious piece of Menlo Park in the heart of the thriving Bay Area
Peninsula.The subject property is located alongside Willow Road, just 1 mile away from the stunning new Facebook headquarters. Willow road also benefits from its close proximity to highway 101 as well as the Dumbarton Bridge, allowing tenants easy access to all major Bay Area destinations. Menlo Park is centrally located between San Francisco and San Jose. In addition to housing Facebook, Menlo Park is within close proximity to many of the nations top employers such as Google, HP, Oracle, Sun Microsytems, Visa and Sony.