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938 Alice Lane, Menlo Park, CA 94025

Menlo Park
Local realty services provided by:CENTURY 21 Classic Estates
938 Alice Lane,Menlo Park, CA 94025
$3,200,000
  • - Beds
  • - Baths
  • 4,162 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Wed, Jun 10
    12:00 pm - 01:00 pm
  • Fri, Jun 12
    12:00 pm - 01:00 pm
Listed by: jimmy castellanos
Office: marcus & millichap650-391-1700
MLS#:ML82049437
Source:CRMLS

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$768.86

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 #:ML82049437
  • Added:5 day(s) ago
  • Updated:June 07, 2026 at 07:28 PM

Rooms and interior

  • Living area:4,162 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Window Units
  • Heating:Central, Wall Furnance
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1922
  • Building area:4,162 sq. ft.
  • Lot area:0.35 Acres
  • Foundation Description:Concrete Perimenter

Schools

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

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$768.86
  • Tax amount:$35,065

Parking

  • Total parking spaces:3
  • Parking description:2 Carport Space(s), Carport
  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:2
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