About 1001 El Camino Real
SELLER FINANCING @ 4% per annum ? Quality "mixed use" property on El Camino Real! (5 units total) Downstairs there is a Mtn. Mike's Pizza with a secure 15 year lease with (2) five year options. Upstairs there are (4) quality residential units (nicely remodeled) with long term tenants. Top location in Menlo Park with secure income stream from the (NNN) triple net lease from Mtn. Mike's Pizza and and (4) residential apartments that provide secure income along with a hedge against inflation. Currently under professional management by (IPS) Income Property Services. Call listing agent for full cash flow analysis or open the disclosures.
Features of 1001 El Camino Real
| MLS® # | ML81984239 |
|---|---|
| Price | $3,832,000 |
| Square Footage | 4,905 |
| Square Footage | Other |
| Acres | 0.07 |
| Year Built | 1923 |
| Type | Multi-Residential |
| Sub-Type | Mixed Use or Other Multi-Unit |
| Status | Active |
Community Information
| Address | 1001 El Camino Real |
|---|---|
| Area | Allied Arts / Downtown |
| City | MENLO PARK |
| County | San Mateo |
| State | CA |
| Zip Code | 94025 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Central Air Conditioning |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Corners Marked |
|---|---|
| Roof | Rolled Composition |
| Construction | Wood Frame |
| Foundation | Concrete Slab |
Additional Information
| Zoning | CL00C3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | William Harrigan |
|---|---|
| Office | Intero Real Estate Services |
| Contact Info | 408-828-8249 |