1265 Altschul Avenue, Menlo Park, California 94025, Menlo Park, 94025 - 4 bed, 3 bath
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1265 Altschul Avenue
Menlo Park, California 94025
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
3Baths
1,770Sq Ft
7,200Lot Size
Property Price
LIST PRICE$2,999,999
EST. MARKET VALUE
$3,242,484
7% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $2,999,999—positioned well below the $3,239,637 Fair Market Value by 7%. This valuation gap offers $239,638 in Instant Equity for buyers. Featuring a 4-bedroom, 3-bathroom layout on a 7,200 sq ft lot in the Las Lomitas School District, the home has a Condition Rating of 4, requiring modernization. It is an ideal project for Value-Add Investors or Owner-Occupants seeking to customize a residence in a premier Menlo Park location.
Estimated Market Value
$3,242,484+$242,485 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Menlo Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1265 Altschul Avenue Subject | $2,999,999* List Price | 4 | 3 | 1,770 | $1,832 | - |
A 2155 Sterling Avenue Sold | $3,550,000 | 3 | 3 | 1,806 | $1,966 | 0.1 mi |
B 915 Cloud Avenue Sold | $2,750,000 | 4 | 3 | 1,690 | $1,627 | 0.4 mi |
C 2067 Santa Cruz Avenue Sold | $3,825,000 | 5 | 3 | 2,475 | $1,545 | 0.6 mi |
D 3131 Alameda De Las Pulgas Pending | $2,500,000 List Price | 3 | 2 | 1,645 | $1,520 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1956 with a kitchen and bathroom renovation that appears to be approximately 25-30 years old, featuring dated oak cabinetry, tile countertops, and floral wallpaper. While the home is functional and well-maintained, the interior finishes and systems are significantly dated and require modernization to meet current market expectations.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1770.
- Great Schools
Elementary School: Las Lomitas Elementary School (10/10).
- Premier School District
The property is located within the award-winning Las Lomitas School District, featuring top-rated institutions like Las Lomitas Elementary (10/10) and La Entrada Middle (8/10), which drives long-term value and family demand.
CONSRISKS & DEFICIENCIES
- Modernization Required
Built in 1956 and marketed as a 'canvas' for a dream residence, the property likely requires a substantial capital investment to update its systems and finishes to meet modern luxury standards.
- High Price per Square Foot
At a list price of nearly $3 million for 1,770 square feet of living space, the valuation is heavily weighted toward land value, which may be a barrier for buyers not looking for a major renovation project.
About 1265 Altschul Avenue
Nestled in the heart of coveted West Menlo Park, this exceptional opportunity offers 1,770 sq ft of living space with 4 bedrooms and 3 bathrooms on an expansive 7,200 sq ft lot. Located within the award-winning Las Lomitas School District, this home presents the perfect canvas to create your dream residence or thoughtfully update to your personal style. Featuring a chef-inspired kitchen, soaring windows and skylights that flood the home with natural light, and a spacious primary en-suite complete with a private balcony retreat. Surrounded by mature landscaping, the picturesque backyard is ideal for entertaining, relaxing, or enjoying the serene setting. An incredible opportunity in one of the Peninsulas most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Menlo Park Unified Schools
Las Lomitas Elementary School
Grades K-3 • 0.5 mi
10/10
La Entrada Middle School
Grades 4-8 • 0.4 mi
8/10
Menlo-Atherton High School
Grades 9-12 • 2.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,770 | 1,880.45 |
| Lot Size | 7,200 | 6,445.975 |
| Price | $3.00M | $3.49M |
| Price per sq ft | $1.7K | $1.7K |
| Built year | 1956 | 1958 |
| HOA | $0 | $300 |
| Days on market | 49 | 33 |
Pricing History
Listed for Sale
Jul 22, 2026
$2,999,999
Initial Listing