855 Fremont Street
Menlo Park, CA 94025
- – beds
- – baths
- – sqft
- 5,600 sqft lot
- 1950 build
- – on site
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Downtown convenience in a nice quiet residential neighborhood! Walk to downtown Menlo Park, Caltrain, Parks, etc. This is a well maintained 4-plex with all spacious 1-bed, 1-bath units. Good in-place rents and opportunities for additional value and income through ADU conversion, expansion over the carport, condo conversion, and in-unit laundry. Significant recent interior and common area capital improvements including: an extensive electrical upgrade in 2008, sewer line replacement in 2020, 2 new water heaters in 2021, water-conserving landscaping and plumbing fixtures, and carport water sealing and roof repairs. Excellent tenant profile with primarily Stanford grad students. This is the border of the higher density R3 zoning in the downtown district. Lock in a pre-inflation interest rate by assuming the seller's great loan: $1,089,078 @ 3.25% fixed for another 6.5 years! Unit #2 is currently vacant so that rent is a market estimate and we can show that unit by appointment.
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Last updated Feb 11, 2025
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MLS# ML81901249 —
The Building
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Year Built:1950
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Year Built Source:Assessor
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Building Area Total:2162.00
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# of Buildings:1
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Roof:Composition
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Foundation:Concrete Perimeter
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Stories Total:2
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Accessibility Features:None
Interior
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Flooring:Carpet, Wood, Tile
Location
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Latitude:37.44614931
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Longitude:-122.18595812
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:R3
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Lot Size Area:5600.0000
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Lot Size Acres:0.1286
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Lot Size SqFt:5600.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Annual Amount:37496.00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:071291030
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Included:Yes
The Community
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Association:No
Parking
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Parking:Yes
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Parking:Carport
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Carport Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/13/22
Oct 13, 2022
|
Sold | CRMLS_CA | $2,725,000 | -4.4% |
9/30/22
Sep 30, 2022
|
Pending | CRMLS_CA | $2,850,000 | |
7/23/22
Jul 23, 2022
|
Listed / Active | CRMLS_CA | $2,850,000 |