938 Alice Lane, Menlo Park, CA 94025

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
938 Alice Lane,Menlo Park, CA 94025
$3,650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jimmy castellanos
Office: marcus & millichap
MLS#:82049437
Source:MLSListings

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Price summary

  • Price:$3,650,000

About this home

Offer Date: Wednesday, June 17th. 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 #:82049437
  • Added:61 day(s) ago
  • Updated:August 06, 2026 at 07:24 AM

Heating and cooling

  • Cooling:Central Air, Window/Wall Unit
  • Heating:Central Forced Air, Wall Furnace

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1922
  • Foundation Description:Concrete Perimeter

Schools

  • High school:Menlo-Atherton High
  • Middle school:Hillview Middle
  • Elementary school:Oak Knoll Elementary

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$3,650,000

Features and amenities

  • Laundry features:Washer/Dryer - Some Units

Parking

  • Parking description:2 Car Carport, Assigned Spaces, Carport(s), Detached Garage
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