1102 Henderson Avenue Menlo Park, CA 94025

$2,650,000  
5,580 Sq.Ft. On Site: 12 Days
Built: 1957
1102 Henderson Avenue Menlo Park, CA 94025 | MLS 52180875 Photo 1
1102 Henderson Avenue offers an investor an incredible opportunity to acquire a multifamily building in arguably the fastest growing real estate pocket in all of San Mateo County approximately 1 mile from Facebook. Henderson is a five-unit property consisting of (1) two-bedroom / one bath unit and (4) one-bedroom / one bath units. Four of the units are fully renovated in 2018 including new hardwood flooring, updated kitchens with new appliances and cabinets, remodeled bathrooms including water supply and waste lines, new wall furnaces and new electrical outlets / switches. Exterior improvements include new paint, new double-paned windows throughout, new perimeter fence, lush new landscaping and a new water heater. Currently the owners are building out a new laundry facility which will contain a brand new washer & dryer prior to close of escrow. Full marketing package available.
Status:Active
Property Type:Other
MLS #:52180875
Year Built:1957
Sq. Feet:5580
On Site:12 Days
Lot Size:0.13 Acres

Detailed Maps

Community Information

Address:1102 Henderson Avenue Menlo Park, CA 94025
County:San Mateo
Zip Code:94025

Architecture

Year Built:1957
Roof: Composition Shingles

Features / Amenities

Total Sq. Ft.:5580
Heating: Wall Furnace

Property Features

Lot Size: 0.13 Acres / 5580 Sq. Ft.
Water/Sewer: Sewer System - Public, Water - Public
Zoning:Mult

Tax and Financial Info

Annual Taxes: $30,322
Tenant Pays: Electric, Gas
Annual Utility Expense: $5,100
Annual Gross Scheduled Income: $132,600
Net Operating Income: $89,704
Cap Rate: 3.39
Gross Rent Multiplier: 19.98

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Listing Information Last Updated 2/22/2019
Listing provided courtesy of Cornish & Carey Commercial.
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Property Summary:
Home for sale at .

Description: The property at 1102 Henderson Avenue Menlo Park, CA 94025 with the MLS# 52180875 is currently listed for $2,650,000 and has been on the Menlo Park market for 11 days.

GeoCoordinates:
-122.1609675
37.472838

List Price: $2,650,000

You are viewing the details of the real estate listing from the East Area MLS at 1102 Henderson Avenue Menlo Park, CA 94025, which features 0 bedrooms and 0 bathrooms, and has approximately 5580 sq.ft. of living area.