933 Florence Lane, Menlo Park, CA 94025 – ML82004513

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Apr

Wed

Apr

Thu

May

Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Ismael Benhamida • Compass

$3,500,000

Est. payment - /mo

4,080 SqFt

Save Video Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $857

MLS Listing ID ML82004513

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1964

Lot Size 7,436 Sqft

Property Sub-Type Quadruplex

Property Description

Welcome to 933 Florence Lane, a 4,080 SqFt fourplex located in the heart of Downtown Menlo Park walking distance to Caltrain and Santa Cruz Avenue. All units are two-bedroom/two-bathroom and have private outdoor space and a one-car garage and tandem parking space. The current owner and his family built the property in 1964. Recent improvements include new electrical panels, copper plumbing, dual pane windows, central heating systems, and exterior paint. Opportunity to add value by renovating the unit interiors with luxury finishes and installing air conditioners, electric car chargers, and in-unit laundry to meet the demand of high-income technology employees. Additionally, a new owner can create accessory dwelling units through garage conversions. The property is located near to Stanford Shopping Center, Stanford University, Stanford Hospital, VC Firms on Sand Hill Road, and Meta's headquarters. The strong rent growth, shortage of housing units, proximity to hi-tech employers employers, and value-add and ADU potential make 933 Florence Lane a great opportunity for both the cash flow and appreciation-minded investor. Offering Memorandum available. Cap Rate: 2.42% (Current), 4.61% (Market). GRM: 24.2 (Current), 15.51 (Market). Monthly Rent: $12,050 (Current), $18,800 (Market).

Location

State CA

County San Mateo

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Flooring Tile

Fireplace No

Building

Water Public

Schools

School District Sequoia Union High, Menlo Park City Elementary

Read Less Info

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Get More Information

Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

Quick Search

933 Florence Lane Menlo Park, CA 94025

Sean Beattie Jr.

Key Details

Location

Interior

Building

Schools

Get More Information