Mills Street Menlo Park, CA $ 5,300,000
Mills Street
$ 5,300,000
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Mills Street

Menlo Park, CA, 94025
$ 5,300,000
Bedrooms-- Baths-- Sq 10,079

Monthly Estimate*

$ 32,633

Listed by Compass
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Commercial Property for sale in Menlo Park, CA

for $5,300,000. This 10,079 square foot building was built in 1933 on a lot size of 0.5865.

TRUE TROPHY MULTIFAMILY ASSET IN MENLO PARK! 1280 & 1300 Mills Street is an incredible opportunity for leased investors, developers, owner-occupiers and multigenerational ownership groups to acquire an extremely unique apartment complex in an outstanding location. Spread across 2 adjacent parcels, the combined 25,546 SF lot is comprised of four structures. 1280 Mills St has a fourplex in the front and duplex in the back. 1300 Mills St has Home with 2 additional units in the front, and a duplex in the back. 1280 Mills Street: 6 Units: (2) 2 + 1.5, (2) 2 + 1, (2) 1 + 1. 1300 Mills Street: 5 Units: (1) 3 + 2 Home, (3) 1+1, (1) Studio. Ground floor units have private yards with beautiful mature landscaping and trees - private balconies on second floor units. The Electrical System recently received a complete upgrade to all main and sub panels. Numerous recent interior renovations to select units and mostly dual pane windows throughout. The driveway area has been repaved with brick to replace asphalt. On-site laundry facility provides additional income. Strategically positioned walking distance to Caltrain and downtown Menlo Park. FIRST TIME EVER ON THE MARKET AND OPERATED AS A LEGACY HOLD BY THE SAME FAMILY SINCE BEING BUILT IN 1933 & 1963.

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Commercial Active

Price

$ 5,300,000

Property Type

Commercial

Taxes

$ 76,720

Style

Lot Size

0.5865

Year Built

1933

Town/City

Menlo Park

County/Region

San Mateo

MLS | Web ID

ML82035969

Days on Market

3

Features
General
Cooling None
Roof Composition Shingle
Zoning R2
HOA Fee 0
Security Features Security Lights
Year Built 1933
County San Mateo
Insurance Expense 14000
Property Type Commercial Sale
MaintenanceExpense 8250
Special Listing Conditions Standard
Status Active
City Menlo Park
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 25546
Carport Spaces 4
Carport Y/N true
Tax Annual Amount 76720
Trash Expense 4938
Standard Status Active
Occupancy Type Tenant
Year Built Source Other
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 5
Lot Size Area 25546
Number of Buildings 4
Building Area Total 10079
Lot Size Acres 0.5865
Lot Size Source Other
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* Excluded Features
List By
Compass

Broker

matt.thomson@compass.com

Email

Affordability Calculator

$39,026
Per Month
84%
16%
0%
Monthly Principal & Interest
$32,633
Monthly Property Taxes
$6,393
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/24/2026$5,300,000 Listed Price

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Mills Street, Menlo Park, CA, 94025 is a Commercial Property for sale at $5,300,000 with 10,079 sqft and a lot size of 0.5865. Mills Street was built in 1933. The property's zip code is 94025 which is in Menlo Park, CA