1280 &1300 Mills ST, Menlo Park, CA 94025
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1280 &1300 Mills ST, Menlo Park, CA 94025
1280 &1300 Mills ST, Menlo Park, CA 94025
1280 &1300 Mills ST, Menlo Park, CA 94025
1280 &1300 Mills ST, Menlo Park, CA 94025
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David Lucas

David Lucas

+1(650) 399-0121
Listed by Matthew Thomson • Compass, DRE#01471708
$ 5,300,000
Est. payment /mo
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Pending

1280 &1300 Mills ST Menlo Park, CA 94025

8 Beds

6.5 Baths

10,079 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 10,079 sqft

Price per Sqft $525

MLS Listing ID ML82035969

Bedrooms 8

Full Baths 6

Half Baths 1

Year Built 1933

Lot Size 0.586 Acres

Property Sub-Type Five or More Units

Property Description

TRUE TROPHY MULTIFAMILY ASSET IN MENLO PARK! 1280 & 1300 Mills Street is an incredible opportunity for leased investors, developers, owner-occupiers and multigenerational ownership groups to acquire an extremely unique apartment complex in an outstanding location. Spread across 2 adjacent parcels, the combined 25,546 SF lot is comprised of four structures. 1280 Mills St has a fourplex in the front and duplex in the back. 1300 Mills St has Home with 2 additional units in the front, and a duplex in the back. 1280 Mills Street: 6 Units: (2) 2 + 1.5, (2) 2 + 1, (2) 1 + 1. 1300 Mills Street: 5 Units: (1) 3 + 2 Home, (3) 1+1, (1) Studio. Ground floor units have private yards with beautiful mature landscaping and trees - private balconies on second floor units. The Electrical System recently received a complete upgrade to all main and sub panels. Numerous recent interior renovations to select units and mostly dual pane windows throughout. The driveway area has been repaved with brick to replace asphalt. On-site laundry facility provides additional income. Strategically positioned walking distance to Caltrain and downtown Menlo Park. FIRST TIME EVER ON THE MARKET AND OPERATED AS A LEGACY HOLD BY THE SAME FAMILY SINCE BEING BUILT IN 1933 & 1963.

Location

State CA

County San Mateo

Area Middlefield To El Camino Menlo Park

Zoning R2

Interior

Heating Gas

Cooling None

Exterior

Parking Features Attached Garage, Carport , Uncovered Parking

Garage Spaces 5.0

Utilities Available Public Utilities

Roof Type Composition,Shingle

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 061-401-260

Security Features Secured Garage / Parking,Security Lights

Special Listing Condition Not Applicable

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David Lucas

David Lucas

Agent | License ID: 02114304

+1(650) 399-0121

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1280 &1300 Mills ST