265 Waverley St, Menlo Park, California 94025, Menlo Park, 94025 - 0 bed, 0 bath
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Menlo Park, California 94025
This High-Potential Investment Opportunity is a Quadruplex listed at $3,600,000—positioned well below the $3,770,860 Fair Market Value by 4%. This valuation gap offers $170,860 in Instant Equity. With a Condition Rating of 4, the property provides a stable foundation for value-add renovations. Featuring rooftop decks, private patios, and proximity to top-rated schools like Palo Alto High, this asset is perfectly suited for Buy-and-Hold Investors or seasoned rental operators seeking long-term growth in the Menlo Park market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 265 Waverley St Subject | $3,600,000* List Price | 0 | 0 | 5,423 | $695 | - |
A 938 Alice Lane Pending | $3,200,000 List Price | 0 | 0 | 4,162 | $769 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1956 (68 years old) and while described as well-maintained, it lacks mention of a recent major renovation. The 'significant upside potential' indicates that kitchens and bathrooms are likely dated and need updates to achieve top market rents. It remains functional and livable, but the age of the structure and systems exceeds the 20-year threshold for a higher rating.
High School: Palo Alto High School (9/10).
Situated in the prestigious Linfield Neighborhood near Stanford, Meta, and downtown Menlo Park, this property is positioned in a high-demand rental corridor with proximity to major employers and top-tier schools.
The building offers a versatile mix of 1, 2, and 3-bedroom units, catering to a wide range of tenant profiles from single professionals to families, which helps stabilize occupancy and maximize income.
Built in 1956, the property may require ongoing capital improvements or updates to major systems to meet modern efficiency standards and maintain its competitive edge against newer developments.
At a $3.6M list price, the initial capitalization rate may be compressed, requiring the investor to execute on the 'upside potential' through rent increases or renovations to achieve optimal returns.
Exceptional investment opportunity in the highly sought-after Linfield Neighborhood, one of the Peninsula's premier rental locations. Ideally situated just minutes from downtown Menlo Park, downtown Palo Alto, Stanford University, Burgess Park, Meta, shopping, dining, and major employers. This well-maintained four-unit apartment building features an excellent unit mix: (1) 3-BR/2BA, (1) 2-BR/2BA, (1) 2-BR/1BA, (1) 1-BR/1BA , all with attractive and functional floor plans. Two units offer private patios, while 1 upper unit features expansive rooftop decks. Each apartment has its own water heater. Located within an excellent school district, this property offers strong rental demand and significant upside potential, making it an outstanding investment for both seasoned and first-time investors.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 5,423 | - |
| Lot Size | 7,760 | - |
| Price | $3.60M | $2.76M |
| Price per sq ft | $664 | $1.1K |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 33 |
Jun 25, 2026
$3,600,000
Initial Listing
Apr 19, 2013
$2,200,000
Public Record
Sep 7, 2012
$1,999,000
Public Record