462 - 466 Waverley St, Menlo Park Triplex | 462 Waverley St
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462 - 466 Waverley St, Menlo Park Triplex 462 Waverley St
3 Unit Apartment Building $3,612,634 CAD ($1,204,211 CAD/Unit) Menlo Park, CA 94025
INVESTMENT HIGHLIGHTS
- One-Time-Only Open House: Thurs 10/25, 10am to Noon
EXECUTIVE SUMMARY
PRICE REDUCED TO SELL. SEE HOW THIS COMPARES WITH THE SALES COMPARABLES IN OUR OM!
Two separate, identical triplexes on adjacent lots that can be sold separately or together (462 & 472 Waverley Street). $2.65M each.
Attractive unit mixes at each property: (2) Large Two-Bedroom / One Bath Units & (1) One-Bedroom / One-Bath Unit. Spacious layouts and NO SHARED WALLS between units creating a home-style living environment for tenants. All apartments benefit from in-unit laundry. Rear units are designed as Owner's Unit with oversized 2-bedroom layouts, dedicated dining areas, fireplaces, hardwood floors, French doors, and large private backyards. One tuck-under parking space per unit, with potential for additional tandem or off-street parking. Excellent add-value opportunity to increase rents over time with higher end interior renovations and converting tuck-under parking to ADU. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 100! Feeds into prestigious Menlo Park School Districts.
Open house tour of all units Thurs 10/24 from 10am to noon. One-time-only!
Two separate, identical triplexes on adjacent lots that can be sold separately or together (462 & 472 Waverley Street). $2.65M each.
Attractive unit mixes at each property: (2) Large Two-Bedroom / One Bath Units & (1) One-Bedroom / One-Bath Unit. Spacious layouts and NO SHARED WALLS between units creating a home-style living environment for tenants. All apartments benefit from in-unit laundry. Rear units are designed as Owner's Unit with oversized 2-bedroom layouts, dedicated dining areas, fireplaces, hardwood floors, French doors, and large private backyards. One tuck-under parking space per unit, with potential for additional tandem or off-street parking. Excellent add-value opportunity to increase rents over time with higher end interior renovations and converting tuck-under parking to ADU. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 100! Feeds into prestigious Menlo Park School Districts.
Open house tour of all units Thurs 10/24 from 10am to noon. One-time-only!
PROPERTY FACTS
| Price | $3,612,634 CAD | Building Class | C |
| Price Per Unit | $1,204,211 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 3,421 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 0.88/1,000 SF |
| Apartment Style | Low Rise |
| Price | $3,612,634 CAD |
| Price Per Unit | $1,204,211 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,421 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 0.88/1,000 SF |
UNIT AMENITIES
- Washer/Dryer
- Kitchen
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $4,123 CAD | 854 - 1,050 |
| 1+1 | 1 | $3,255 CAD | 847 |
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Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (100)
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VIDEOS
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462 - 466 Waverley St, Menlo Park Triplex | 462 Waverley St
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