938 Alice Lane, Menlo Park, CA 94025

Menlo Park
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
938 Alice Lane,Menlo Park, CA 94025
$3,200,000
  • - Beds
  • - Baths
  • 4,162 sq. ft.
  • Multi-family
  • Active
Listed by: jimmy castellanos
Office: marcus & millichap
MLS#:ML82049437
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$768.86

About this home

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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Home facts

  • Year built:1922
  • Listing ID #:ML82049437
  • Added:1 day(s) ago
  • Updated:June 04, 2026 at 01:43 PM

Rooms and interior

  • Living area:4,162 sq. ft.

Heating and cooling

  • Heating:Forced Air, Wall Furnace

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1922
  • Building area:4,162 sq. ft.
  • Lot area:0.35 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$768.86
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 4, 2026

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