$2,450,000
$2,500,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
2,740 SqFt
SOLD DATE : 11/05/2024
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,740 sqft
Price per Sqft $894
MLS Listing ID ML81982427
Sold Date 11/05/24
HOA Y/N No
Year Built 1953
Annual Tax Amount $30,129
Lot Size 8,947 Sqft
Property Description
Prime duplex in highly desirable Linfield Oaks Neighborhood with two 1,050 sqft Two-Bedroom / One-Bath Homes. Both homes are currently vacant, ideal for an Owner-Occupier looking to reside in one unit and enjoy supplemental income from the other, or as a generational asset with family members in both homes. It's also an excellent opportunity for an Investor, providing the ability to renovate both homes immediately and achieve top market rents day one. Both homes benefit from huge, fenced-in backyards and private garages with washers & dryers included. The property is strategically positioned on a lovely & quiet tree-lined street and benefits from beautiful, mature landscaping. There is a brand new circuit breaker electrical system on the main and subpanels, and each home has its own individual water heater. A new owner can also add significant value by converting one of the garages into an ADU. The property has newer exterior paint and brand new interior paint in both homes. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 98. Feeds into prestigious Menlo Park School Districts.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R3
Interior
Heating Forced Air
Cooling None
Flooring Wood
Fireplace No
Exterior
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Composition,Shingle
Accessibility None
Total Parking Spaces 2
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 062412130
Security Features Security Lights
Financing Cash
Special Listing Condition Standard
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Bought with Scott Kilpatrick • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner