632 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, 624 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. 632 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 ntertainment 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). Amenities include two on-site parking spaces per unit and direct access to Nealon Park (tennis, softball, pickle ball, dog park, etc.) through a gate at the rear of the property. Three of the four units are ground level with no unit above and have private yards. Units have an abundance of natural light and s ome have been upgraded with new counters, tile baths and new vanities. The roof was replaced within the last 5 years.

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on 632 University Dr
in Menlo Park, CA
Presented by Carlos Azucena at
Marcus & Millichap.


Property MLS #ML81955067 from MLSListings

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+ Exterior and Lot Features

Fencing: Wood

+ Land Info

Lot Size Acres: 0.203168
Lot Size Source: Assessor
Lot Size Square Feet: 8850

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

High School District: Sequoia Union High
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Hillview Middle School is a public middle school located approximately 0.9 miles away.
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Menlo-Atherton High School is a public high school located approximately 1 miles away.
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Encinal Elementary School is a public elementary school located approximately 1.2 miles away.
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Synapse School is a private elementary and middle school located approximately 0.1 miles away.
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+ Other Property Info

Source Listing Status: Pending (Do Not Show)
County: San Mateo
Current Use: Multi-Family
Source Property Type: Residential Lots & Land
Area: Allied Arts / Downtown
Source Neighborhood: Allied Arts / Downtown
Postal City: MENLO PARK
Zoning: R3
Property Subtype: Residential Lot
Source System Name: C2C
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Listed 2024-02-22
$2,588,000
MLSListings

+ Accessibility Features

Access: Accessible, City Street

+ Utilities

Sewer: Sewer Connected
Public Utilities
Water Source: Public