Description

TRUE TROPHY MULTIFAMILY ASSET IN MENLO PARK! 1280 & 1300 Mills Street is an incredible opportunity for leased investors, developers, owner-occupiers and multigenerational ownership groups to acquire an extremely unique apartment complex in an outstanding location. Spread across 2 adjacent parcels, the combined 25,546 SF lot is comprised of four structures. 1280 Mills St has a fourplex in the front and duplex in the back. 1300 Mills St has Home with 2 additional units in the front, and a duplex in the back. 1280 Mills Street: 6 Units: (2) 2 + 1.5, (2) 2 + 1, (2) 1 + 1. 1300 Mills Street: 5 Units: (1) 3 + 2 Home, (3) 1+1, (1) Studio. Ground floor units have private yards with beautiful mature landscaping and trees - private balconies on second floor units. The Electrical System recently received a complete upgrade to all main and sub panels. Numerous recent interior renovations to select units and mostly dual pane windows throughout. The driveway area has been repaved with brick to replace asphalt. On-site laundry facility provides additional income. Strategically positioned walking distance to Caltrain and downtown Menlo Park. FIRST TIME EVER ON THE MARKET AND OPERATED AS A LEGACY HOLD BY THE SAME FAMILY SINCE BEING BUILT IN 1933 & 1963.