1014 Madera Ave
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1014 Madera Ave
1 Unit Apartment Building $2,550,000 ($2,550,000/Unit) 3.25% Cap Rate Menlo Park, CA 94025
Investment Highlights
- Fourplex Available in Highly Desirable Menlo Park
- 4 Garage Spaces - Additional Off Street Parking is available for tenants
- Fantastic Menlo Park location – close proximity to El Camino Real, major tech companies, and Stanford University
- Large Units featuring (2) 2BR/1BA units and (2) 1BR/1BA units
- Strong monthly income with an average in place rent of $2,663 and a total of $10,650 per month
Executive Summary
1014 Madera Ave is situated in a highly sought-after area of Menlo Park, celebrated for its suburban charm, tree-lined streets, and proximity to major tech companies and Stanford University.
Madera Ave is predominantly a residential street, featuring well-maintained single-family homes in a quiet, family-friendly neighborhood.
This location offers easy access to numerous amenities, including schools, parks, shopping centers, and Downtown Menlo Park, which boasts a variety of restaurants and shops.
Madera Ave is well-connected to major roads and highways, providing a convenient commute to nearby cities like Palo Alto, Redwood City, and San Francisco. It is close to El Camino Real, a major thoroughfare running through the Peninsula.
For those in the tech industry, this location is particularly advantageous, promising quality tenants and high rents for future owners. It is in close proximity to Facebook’s headquarters, Google’s campus in Mountain View, and other major tech companies.
In summary, 1014 Madera Ave is in a highly desirable location due to its residential appeal, convenient amenities, and excellent connectivity.
PLEASE CONTACT CONNOR@CAPSTONE-PROPS.COM TO RECIEVE A FULL MARKETING PACKAGE AND TO SCHEDULE A SHOWING.
Madera Ave is predominantly a residential street, featuring well-maintained single-family homes in a quiet, family-friendly neighborhood.
This location offers easy access to numerous amenities, including schools, parks, shopping centers, and Downtown Menlo Park, which boasts a variety of restaurants and shops.
Madera Ave is well-connected to major roads and highways, providing a convenient commute to nearby cities like Palo Alto, Redwood City, and San Francisco. It is close to El Camino Real, a major thoroughfare running through the Peninsula.
For those in the tech industry, this location is particularly advantageous, promising quality tenants and high rents for future owners. It is in close proximity to Facebook’s headquarters, Google’s campus in Mountain View, and other major tech companies.
In summary, 1014 Madera Ave is in a highly desirable location due to its residential appeal, convenient amenities, and excellent connectivity.
PLEASE CONTACT CONNOR@CAPSTONE-PROPS.COM TO RECIEVE A FULL MARKETING PACKAGE AND TO SCHEDULE A SHOWING.
Property Facts
| Price | $2,550,000 | Apartment Style | Low Rise |
| Price Per Unit | $2,550,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 3.25% | Building Size | 3,696 SF |
| Gross Rent Multiplier | 19.95 | No. Stories | 2 |
| No. Units | 1 | Year Built | 1958 |
| Property Type | Multifamily | Parking Ratio | 1.08/1,000 SF |
| Property Subtype | Apartment |
| Price | $2,550,000 |
| Price Per Unit | $2,550,000 |
| Sale Type | Investment |
| Cap Rate | 3.25% |
| Gross Rent Multiplier | 19.95 |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,696 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.08/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
- Lawn
Site Amenities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
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Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 062-065-070 | Improvements Assessment | $929,598 |
| Land Assessment | $1,585,785 | Total Assessment | $2,515,383 |
PROPERTY TAXES
Parcel Number
062-065-070
Land Assessment
$1,585,785
Improvements Assessment
$929,598
Total Assessment
$2,515,383
zoning
| Zoning Code | RM (Multi-Family Dwelling) |
| RM (Multi-Family Dwelling) |
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1014 Madera Ave
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