Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!
Property Details
Property Features
Property Information:
Year Built: 1914
Stories: 2
Living Area: 9,721 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (650) 325-6161
Listing Agent: Annie Watson
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Cooktop, Refrigerator, Vented Exhaust Fan
Flooring Type: Concrete, Laminate
Exterior Features
Parking Information:
Parking: Guest, Off Street
Lot Features
Lot Information:
Lot Size: 0.46 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air, Wall/Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $8,500,000
Price Per SqFt: $874/SqFt
Tax Information:
Annual Amount: $99,677
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Menlo Park, CA.
This property is $5.7M more than the Median Sold Price and $561/SqFt less than other homes in Menlo Park, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81972787
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (650) 325-6161
Listing Agent: Annie Watson
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 12:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 10, 2018
Sep 10, 2018Home Sold
$8,454,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$99,677
$8,712,414
2020
$101,421
$8,623,080
2019
$46,217
$8,454,000
2018
$46,217
$3,263,472
2017
$13,249
$389,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Laurel Elementary School
95 Edge Rd
Distance between this listing and this school1.28 miles
Public District Grades KG-5
8
/10
Encinal Elementary School
195 Encinal Ave
Distance between this listing and this school1.28 miles
Public District Grades KG-5
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school1.32 miles
Public District Grades KG-5
Nearby Schools
8
/10
Hillview Middle School
1100 Elder Ave
Distance between this listing and this school1.33 miles
Public District Grades 6-8
3
/10
Kipp Valiant Community Preparatory
2086 Clarke Ave
Distance between this listing and this school1.34 miles
Public Charter Grades KG-8
8
/10
La Entrada School
2200 Sharon Rd
Distance between this listing and this school2.09 miles
Public District Grades 4-8
Nearby Schools
7
/10
Menlo-Atherton High School
555 Midfield Rd
Distance between this listing and this school0.89 miles
Public District Grades 9-12
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school1.29 miles
Public District Grades 9-12
7
/10
Tide Academy
150 Jefferson Dr
Distance between this listing and this school2.32 miles
The neighbors living near this home have an average income of $87,083. The most common annual income of people living in Menlo Park, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 241 El Camino Real in Menlo Park, CA and zip code 94025 in the Allied Arts neighborhood. This 9,721 square foot home, which was built in 1914, sits on a 0.46 acre lot. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $8,500,000.
While more than 14 listings in Menlo Park, CA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. In November 2024 in Menlo Park, CA there were 20% less homes for sale than in October 2024. In November 2024, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $2,706,666.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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