Welcome to 933 Florence Lane, a 4,080 SqFt fourplex located in the heart of Downtown Menlo Park walking distance to Caltrain and Santa Cruz Avenue. All units are two-bedroom/two-bathroom and have private outdoor space and a one-car garage and a tandem parking space.
The current owner and his family built the property in 1964. Recent improvements include new electrical panels, copper plumbing, dual pane windows, central heating systems, and exterior paint. Opportunity to add value by renovating the unit interiors with luxury finishes and installing air conditioners, electric car chargers, and in-unit laundry to meet the demand of high-income technology employees. Additionally, a new owner can create accessory dwelling units through garage conversions.
Property Highlights:
First time on the market! The current owner built the property in 1964.
Rarely Available Downtown Menlo Park Fourplex One Block From Downtown Menlo Park Shops and Restaurants
Generational Pride Of Ownership Asset In One Of Silicon Valley's Most Prestigious Locations.
Proximity to Stanford University (1.5 miles), Stanford Shopping Center (1.6 miles), Stanford Hospital (2.4 miles)
Downtown Palo Alto (2.8 miles), and Facebook Headquarters (4.5 miles).
Superior Unit Mix- All units feature 2-Bed/2-Bath Units with private outdoor space
Potential to convert garages into ADUs
Upgrades include upgraded electrical panels, dual-pane windows, copper fresh water pipe, painted exterior, etc