Four-Unit Multifamily
For Sale
Contact for pricing
830 UNIVERSITY DR, Menlo Park, CA 94025
Multifamily property with R3000 zoning and a four-unit configuration.
Property Size4,168 SF
Price / SF$862.52
Days on Market61
Property Features for 830 UNIVERSITY DR
General Information
Standard status
Active
Size
4,168 SF
Class
B
Property subtype
Multifamily
Zoning
R3000
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$83,839
Additional Details
Multifamily Units
4
Building Details
Year Built
1924
Buildings
3
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Borelli Investment Company
Listed By:
Steve Bouret · License #CA 00587046
Source:
Crexi
Added: Aug 8
Changed: Oct 3
Last Checked: Oct 5 at 4:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Borelli Investment Company
Investment Insights
Based on property information with market context.
This multifamily property at 830 University Dr in Menlo Park contains four units within 4,168 square feet. Built in 1924, the property carries R3000 zoning and is classified as a quadplex.
Key Highlights
- Four‑unit multifamily property
- 4,168 SF of total property size
- R3000 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,121
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,422,420
$2.4M
Cap Rate 7%
$1,730,300
$1.7M
Cap Rate 9%
$1,345,789
$1.3M
Market Conditions
NOI Build-Up for 4,168 SF
Gross rent
$185.1K $44.40/SF
− Vacancy
−$12.0K −$2.89/SF
EGI
$173.0K $41.51/SF
− OpEx
−$51.9K −$12.45/SF
NOI
$121.1K $29.06/SF
Area
San Mateo County, CA
Vacancy
6.50%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,422,420
Cap Rate 7%
$1,730,300
Cap Rate 9%
$1,345,789
Alternative Uses
Best Use
Multifamily LT 5
$1.73M
$1.51M – $2.02M
NOI $121,121 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$1.62M
$1.42M – $1.89M
NOI $113,441 @ 7.0% cap · market cap 3.16%
Theoretical Best
Warehouse
$3.31M
$2.90M – $3.86M
NOI $231,748 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,862
Businesses Nearby
Explore this area
Business Placement
Demographics for 94025, CA
42,354
Population
16,259
Households
2.6
Avg Household Size
39
Median Age
73%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
5,042
Density / Sq Mi
$215,871
Median Household Income
$98,160
Median Earnings
$3,169
Median Rent
$2,000,001
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Multifamily property with R3000 zoning and a four-unit configuration.
Where is this quadplex located?
The property is located at 830 UNIVERSITY DR Menlo Park, CA.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: Four‑unit multifamily property; 4,168 SF of total property size; R3000 zoning
