Pending

Pending (Do Not Show)

624 University DR

MENLO PARK CA, 94025

$2,588,000


$292.38 per sqft

Pending

Pending (Do Not Show)

0.2 Acres

Land

Listed by Marcus & Millichap, Carlos Azucena, Listing Contact: 4082052679

624 University Dr. offers a strategic covered land play, allowing developers to capitalize on the land's current returns during the planning phase of future opportunities. Property is being sold alongside the adjacent property, 632 University Dr. PROPERTIES SOLD TOGETHER OR SEPARATELY. When purchased together, the lot size becomes almost 18,000 SqFt, allowing for the development of up to 12 units. 624 University Dr. is located in one of the most desirable areas of Menlo Park, west of El Camino, and three blocks from Downtown Menlo Park with abundant shopping, dining, and entertainment options. The property is within walking distance to Caltrain and approx. one mile from Stanford University, Stanford Hospital, and Stanford Shopping Center. The unit mix is (4) 1 bd / 1 ba units that are approx. 675 SF each (buyer to verify). Units have an abundance of natural light and some have been upgraded with new counters, tile baths, and new vanities. The roof was replaced within the last 5 years. NOTE: Interior photos are of unit #2 of neighboring building 632 University Dr. Identical floorplan exists in 624 University Dr.

ML81955063

MLS ID

February 22, 2024

Listed

May 24, 2024

Updated

Map

624 University DR
MENLO PARK CA, 94025

Exterior/Building Features

Lot Size

0.2 Acres

School Information

School District

931

Other Property Details

Area Name

Allied Arts / Downtown


Garage

No


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

R3


Buyer Agency Compensation

2.25%

Listing History

Date

Event

Price

4/19/2024

Pending

3/19/2024

Under Contract

Listed by Marcus & Millichap, Carlos Azucena,
Listing Contact: 4082052679 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Samia S. Morgan | CA DRE# 00967165 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Samia S. Morgan | CA DRE# 00967165 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2024 MLS Listing, Inc. All rights reserved.

Data last updated 10:08 PM UTC, 5/24/2024

 

 

Powered byLuxury Presence