Opportunity knocks: End-user /Rental Income

  • Image number 1 for slideshow of 1030 Sevier Avenue
Excellent Value Buy

Pristine Menlo Park Property

$1,395,000

your possible

Next Home

**SELLER OFFERING A $25,000 CREDIT TOWARDS BUYER CLOSING COSTS (OR POSSIBLE MORTGAGE RATE BUY DOWN) with a ratified offer at full price.

walk through

Video Tour

about this home's

Features

beds

3

baths

3

Interior

3

Lot

3

ATTENTION: Investors & end-users this property offers a multitude of possibilities. Purchase as a single family residence/end-user, additional sweat equity/Income potential to add an ADU. Its also suited as an excellent rental portfolio property by potentially adding an ADU and generating high income (7+k) per month with two dwellings on property. End-user and investors alike, run the numbers, its a fabulous opportunity. Property was remodeled in 2022 (w/permits). Two ingress/egress access points along Van Buren to allow expansion into the garage and add a carport to the secondary access/driveway or add an ADU and utilize the property as a great return in rental income. This home offers superb sweat equity opportunity/potential. Short distance to highly acclaimed elementary school. Close-in location to surrounding tech companies, Retail hubs of Menlo Park, Palo Alto & Stanford. Tremendous Value Buy!
 
Seller offering a $25,0000 credit to buyer at COE w/ a ratified offer 
 
 
Charming and inviting turn-key home with a magnificent yard/setting in flood park area, stroll the sidewalks of this friendly neighborhood. Completely renovated (2022) single story 2 bd 1 ba home. Designer upgrades throughout include a gorgeous well appointed kitchen Caesar stone countertops, custom tile backsplash, tear drop hood, gorgeous wood cabinets, and custom European wood floors. This single level gem has a beautifully landscaped yard, expansive lawns and mature landscaping that encompass the home. The custom deck is ideal for al fresco dining under the lights.
Excellent opportunity to own in Menlo Park with award winning schools and great community. Close in to Facebook(Meta) Menlo Park, Palo Alto, & Stanford
 
For a private showing please contact: Nino Gaetano @ [email protected]
 
get in touch

Schedule

OPEN HOUSE:

Saturday Nov. 12th 2:00-4:00 pm

Private Showings by Appointment:
Contact Nino Gaetano
(650) 207-1986
[email protected]

Nino Gaetano

Uniting All The Best In Real Estate

Selling Mountains Coast Town & Country

DRE# 01236316

650.314.7235 office

650.207.1986 mobile

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Neighborhood Gallery

1030 Sevier Avenue

Home to more than 10,000 street trees, numerous venture capital firms, and social media giant Facebook, Menlo Park packs a lot into its 9.8 square miles. The city offers residents a lovely place to live amid tree-lined neighborhoods and a friendly community. 

The city of more than 33,000 got its name from two Irishmen who posted a wooden sign that read "Menlo Park" outside their massive estate in the 1850s. When the railroad came to the area a decade later, officials spotted the sign and gave the station the same name. 
Menlo Park incorporated twice -- first in 1874 and then in 1927 -- and remained a primarily rural community until World War I, when some 43,000 soldiers trained at Camp Fremont. 

Today, the city borders Redwood City, Atherton, Palo Alto, East Palo Alto, and Stanford University, as well as San Francisco Bay. Its populace is quite educated, with 70 percent of people older than 25 having at least a bachelor’s degree, according to 2016 United States Census Bureau data. The median household income is $122,000, and the median home value is $1.375 million.

In 2011, Facebook moved its headquarters from Palo Alto to Menlo Park. Other businesses and agencies with a strong presence in the city include SRI International and the venture capital firms of Sand Hill Road. The independent bookstore Kepler’s Books has been a local institution for decades, and numerous stores and restaurants line Santa Cruz Avenue, the city’s main shopping street. The city also offers 12 parks and a wide array of recreational activities.