$10,000 Closing Credit¹
#ML81984142, Matthew Thomson, Listing Office: Compass
#ML81992412·
Listing Office: Coldwell Banker Realty·
Listing Agent: Annie Watson·
Listing Office Phone: (650) 325-6161
241 El Camino Real Menlo Park, CA 94025
$9,000,000 List price
9,721 sqft
0.5 acres
$926 / sqft
Multi-Family
Property details
About 241 El Camino Real
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!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size9,721 sqft
Lot size0.4557 Acres
Year built1914
ParkingGuest, Off Street
MLS #ML81992412
Summary
- MLS Number: ML81992412
- MLS Name: CRMLS
- 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: 2/10/2025, 9:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$9,000,000
241 El Camino Real
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 10, 2018 | Home Sold | $8,454,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $9,245,680 | $111,622 |
| 2023 | $9,064,394 | $109,821 |
| 2022 | $8,886,662 | $101,536 |
| 2021 | $8,712,414 | $97,873 |
| 2020 | $8,623,080 | $101,421 |
History based on county public records data.
Nearby schools
7
Laurel Elementary School
Public District KG-5
1.3 mi
•95 Edge Rd
8
Encinal Elementary School
Public District KG-5
1.3 mi
•195 Encinal Ave
8
Addison Elementary School
Public District KG-5
1.3 mi
•650 Addison Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
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 most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
16%
<35k
49%
35k-100k
25%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
5%
Single, with Kids
22%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Art Museums
Where do the neighbors shop?
Bloomingdales
H&M
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#ML81980477, Ray Rodriguez, Listing Office: Compass
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. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $9,000,000.
Over 3 listings were sold over their listed price in January 2025 in Menlo Park, CA. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Menlo Park, CA increased by 5.1% between December and January 2025. While the average time on the market in January 2025 was 34 days, the median list price was $2,725,000.
From Rocket Homes Real Estate and based on county public records data.