938 Alice Lane Menlo Park, CA $ 3,200,000
938 Alice Lane
$ 3,200,000
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938 Alice Lane

Menlo Park, CA, 94025
$ 3,200,000
Bedrooms5 Baths0.0 Sq 4,162

Monthly Estimate*

$ 19,703

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Multi-Family Home for sale in Menlo Park, CA

for $3,200,000 with 5 bedrooms. This 4,162 square foot home was built in 1922 on a lot size of 0.35.

Offer Date: Wednesday, June 17th. 4-unit cottage style multifamily property + 1 non-conforming 5th unit (two duplexes and one cottage on large 15K+ SF lot in the heart of Menlo Park). 938 Alice Lane is a rare opportunity to acquire a well-located multifamily asset in the heart of Menlo Park, one of the Peninsulas most affluent and supply-constrained rental markets. The property consists of four legal units plus one non-conforming unit across three separate structures. Offered for sale by the original owner/builder, this well-maintained property has been carefully cared for over the years. Two of the units have undergone extensive renovations within the past 20 years, while the remainder of the property continues to showcase its timeless charm and character. It is conveniently located next to University Drive and a short walk to Downtown Menlo Park.

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Multi-Family Active

Price

$ 3,200,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.35

Year Built

1922

Town/City

Menlo Park

County/Region

San Mateo

MLS | Web ID

ML82049437

Features
General
Living Area 4162
Sewer Public Sewer
Heating Forced Air Wall Furnace
Roof Composition Shingles
Zoning R3
Year Built 1922
Property Subtype Quadruplex
County San Mateo
Property Type Residential Income
HOA false
Status Active
City Menlo Park
High School District Sequoia Union High
MLS Area Listing
Lot Size Square Feet 15301
Standard Status Active
Elementary School District Menlo Park City Elementary
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Interior
Heating Y/N true
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Exterior
Water Source Public
Lot Size Area 15301
Building Area Total 4162
Lot Size Acres 0.35
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* Excluded Features
List By
Jimmy Castellanos

Listing Agent

Marcus & Millichap

Broker

jimmy.castellanos@marcusmillichap.com

Email

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$19,703
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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
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$3,200,000 Listed Price

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938 Alice Lane, Menlo Park, CA, 94025 is a Multi-Family Home for sale at $3,200,000 with 4,162 sqft and a lot size of 0.35. 938 Alice Lane has 5 bedrooms, 0.0 baths, and was built in 1922. The property's zip code is 94025 which is in Menlo Park, CA