971977 Oak Lane Menlo Park, CA ^$ 4,950,000

971977 Oak Lane

^$ 4,950,000

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Recently Listed

971977 Oak Lane

Menlo Park, CA, 94025

^$ 4,950,000

Studio Baths0.0 Sq 5,088

Monthly Estimate*

^$ 31,255

Listed by Parc Agency Corporation

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Studio

Multi-Family Home for sale in Menlo Park, CA

for $4,950,000. This 5,088 square foot home was built in 1949 on a lot size of 0.346.

Rare Compound-Style Investment Opportunity. 4 Beautiful Side-by-Side Homes in Downtown Menlo Park. Tucked away on a private lane, this unique property features two separate duplex buildings designed to function like four individual single-family homes. The only shared walls are at the garages, creating an uncommon level of privacy and separation for tenants or homeowners. Ideally situated just off University Drive, the property is conveniently located near: Downtown Menlo Park, Nealon Park, Draegers, Stanford Shopping Center, and Downtown Palo Alto. Strong Rental Income Potential. The property currently has 3 of the 4 units leased, providing immediate income with future upside. Award Winning Oak Knoll School District

Multi-Family Active

Price

^$ 4,950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 12,000

Style

Lot Size

0.346

Year Built

1949

Town/City

Menlo Park

County/Region

San Mateo

MLS | Web ID

ML82053190

Days on Market

Features

General

Living Area 5088

Sewer Public Sewer

Cooling None

Roof Composition

Zoning R3

Garage Spaces 1

Year Built 1949

Property Subtype Quadruplex

Accessibility Parking

County San Mateo

Insurance Expense 12000

Property Type Residential Income

HOA false

MaintenanceExpense 10000

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 15071

Carport Spaces 1

Carport Y/N true

Elementary School Oak Knoll

Tax Annual Amount 12000

Middle/Junior High School Hillview

Trash Expense 0

Standard Status Active

Year Built Source Assessor

Property Sub Type Additional Quadruplex

Cap Rate 1.62

Interior

Flooring Wood

Total Stories 1

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 1

Lot Size Area 15071

Foundation Details Concrete Perimeter

Number of Buildings 4

Building Area Total 5088

Lot Size Acres 0.346

Lot Size Source Assessor

* Excluded Features

List By

Parc Agency Corporation

Broker

keri@kerinicholas.com

Affordability Calculator

$32,255

Per Month

Monthly Principal & Interest: $31,255
Monthly Property Taxes: $1,000
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 ^$2,794,000

Percent of Sale Price 44%

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
7/6/2026	$4,950,000		Listed Price

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971977 Oak Lane, Menlo Park, CA, 94025 is a Multi-Family Home for sale at $4,950,000 with 5,088 sqft and a lot size of 0.346. 971977 Oak Lane is a studio with 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 7/7/2026. 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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971977 Oak Lane

Multi-Family Home for sale in Menlo Park, CA

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