Pending
624 University Drive
Menlo Park CA, 94025
$2,588,000
$292.43 per sqft
Pending
0.2 Acres
Land
Listed by Carlos Azucena with Marcus & Millichap (650) 391-1700
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
April 20, 2024
Updated
Map
624 University Drive
Menlo Park CA, 94025
Exterior/Building Features
Lot Size
0.2 Acres
Lot Features
Paved
School Information
School District
Other
Other Property Details
Area Name
699 - Not Defined
Days on Market
22
Garage
No
Parking Total
0
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 | — |
3/18/2024 | Under Contract | — |
Listing Contact: (650) 391-1700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 4/20/2024 at 1:37 AM UTC