929 Alice Lane Menlo Park, CA ^$ 3,100,000

929 Alice Lane

^$ 3,100,000

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929 Alice Lane

Menlo Park, CA, 94025

^$ 3,100,000

Bedrooms-- Baths0.0 Sq 3,168

Monthly Estimate*

^$ 19,574

Listed by Hossein Jalali, Coldwell Banker Realty, hdjalali@cbnorcal.com

929 Alice Lane, Menlo Park, CA 94025 - Image 1

929 Alice Lane, Menlo Park, CA 94025 - Image 2

Multi-Family Home for sale in Menlo Park, CA

for $3,100,000. This 3,168 square foot home was built in 1949 on a lot size of 0.1806.

929 Alice Lane offers an outstanding investment opportunity or an ideal option for an owner-occupier in the heart of downtown Menlo Park. Situated on a quiet cul-de-sac in a highly desirable residential neighborhood, this well-maintained four-unit property has been owned by the same family for approximately 42 years. The property features one spacious 3-bedroom, 2-bath unit and two 1-bedroom, 1-bath units, and 2-bedroom one bath unit. Utilities are paid by the tenants. Enjoy an excellent location within walking distance of Downtown Menlo Park and convenient access to Downtown Palo Alto. The property is also ideally situated near Stanford University, Menlo College, Sacred Heart Prep, and Menlo-Atherton High School. A rare opportunity for an investor or owner-occupier in one of the Peninsulas most desirable locations.

Multi-Family Active

Price

^$ 3,100,000

Property Type

Multi-Family

Taxes

^$ 13,364

Style

Lot Size

0.1806

Year Built

1949

Town/City

Menlo Park

County/Region

San Mateo

MLS | Web ID

ML82058193

Days on Market

Features

General

Living Area 3168

Sewer Public Sewer

Cooling Central Air Gas

Utilities Natural Gas Available

Roof Tar/Gravel

Appliances Electric Cooktop Electric Oven Refrigerator Vented Exhaust Fan

Zoning R30000

Garage Spaces 1

Year Built 1949

Property Subtype Quadruplex

Accessibility None

County San Mateo

Insurance Expense 3156

Property Type Residential Income

HOA false

MaintenanceExpense 5442

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Cross Street: University Drive

High School Menlo-Atherton

City Menlo Park

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 7865

Carport Spaces 3

Carport Y/N true

Elementary School Oak Knoll

Tax Annual Amount 13364

Middle/Junior High School Hillview

Trash Expense 0

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Quadruplex

Cap Rate 3.3

Interior

Flooring Carpet Wood

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Parking Features Carport

Water Source Public

Total Parking 0

Lot Size Area 7865

Foundation Details Slab

Number of Buildings 1

Building Area Total 3168

Lot Size Acres 0.1806

Lot Size Source Assessor

* Excluded Features

List By

Hossein Jalali

Listing Agent

Coldwell Banker Realty

Broker

hdjalali@cbnorcal.com

Affordability Calculator

$20,687

Per Month

Monthly Principal & Interest: $19,574
Monthly Property Taxes: $1,114
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Menlo Park, CA

Average List Price ^$3,229,333

Percent of Sale Price 4%

About Menlo Park, CA

34,126 Population

10% Since 2002

^$137,641 Median Income

40.44 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

0 Elementary School

0 Middle School

Menlo-Atherton High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/14/2026	$3,100,000		Listed Price

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929 Alice Lane, Menlo Park, CA, 94025 is a Multi-Family Home for sale at $3,100,000 with 3,168 sqft and a lot size of 0.1806. 929 Alice Lane has 0.0 baths and was built in 1949. The property's zip code is 94025 which is in Menlo Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/6/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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929 Alice Lane

Multi-Family Home for sale in Menlo Park, CA

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