4 Athlone Way, Menlo Park, California 94025, Menlo Park, - bed, bath

home-pic
ACTIVE$1,898,000
4 Athlone Way, Menlo Park, California 94025
0Bed
0Bath
2,720Sqft
6,738Lot
Year Built
1950
Close
-
List price
$1.9M
Original List price
$2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82016546
Home ConditionFair
Features
Deck
View-

About this home

Large Price Adjustment Great for an investor, developer or end user. This is a phenomenal opportunity to purchase this spacious property in the North Fair Oaks neighborhood. Located on a charming treelined street it is an inviting spot to make a home. The spacious home was divided into a duplex by the former owner. There is also a a unit in back that was permitted as a recreation room. All of the spaces are currently rented. The flooring throughout adds a touch of elegance and complements the home's design. While the property does not include cooling, the wall furnace heating system ensures comfort during cooler months. The detached back unit has heating and air conditioning. The other 2 units do not have air conditioning With a lot size of 6,738 sq ft, there's potential for outdoor enjoyment and activities. Located in the Redwood City Elementary School District, this home offers accessibility to local educational institutions. The property also includes a 2-car garage, providing ample parking and storage options. Don't miss the opportunity to make this Menlo Park gem your own.

Nearby schools

3/10
Garfield Elementary School
Public,K-80.7mi
5/10
John F. Kennedy Middle School
Public,5-82.8mi
7/10
Menlo-Atherton High School
Public,9-121.6mi

Price History

Date
Event
Price
10/31/25
Price Change
$1,898,000-5.0%
07/31/25
Listing
$1,998,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (4 Listings)
Beds00
Baths00
Square foot2,7202,720
50%
Lot Size6,7387,297
40%
Price$1.9M$2.35M
20%
Price per square foot$698$761
40%
Built year19501955
20%
HOA
Days on market97156
20%
Condition Rating
Fair

Built in 1950, this property presents a mixed bag of conditions. While one unit appears to have undergone a relatively recent renovation with modern kitchen cabinets, stainless steel appliances, updated bathroom fixtures, and contemporary laminate flooring, another unit clearly shows older features. The second kitchen has dated black appliances, older countertops, and less modern lighting. The property also relies on wall furnace heating in two units and lacks air conditioning in most, indicating older systems. Overall, it's functional and rentable, but the inconsistent updates and dated elements in parts of the property, combined with the age of the original structure, suggest it requires minor updates or repairs to achieve a consistent, modern standard across all units.
Pros & Cons

Pros

Prime Menlo Park Location: Situated in the highly desirable city of Menlo Park, on a charming treelined street in the North Fair Oaks neighborhood, offering strong market appeal.
Strong Income Potential: The property is configured as a duplex with an additional permitted recreation room unit, all currently rented, providing immediate and substantial rental income.
Investor/Developer Opportunity: Explicitly marketed as a phenomenal opportunity for investors, developers, or end-users, highlighting its versatility for various investment strategies or multi-generational living.
Spacious Lot & Interior: Features a generous 6,738 sq ft lot and a substantial 2,720 sq ft of living space, offering ample room for expansion, outdoor enjoyment, or redevelopment.
Recent Price Reduction: A significant price adjustment from $1.998M to $1.898M indicates seller motivation and presents a potentially more attractive entry point for buyers.

Cons

Limited Cooling Systems: The main two units lack air conditioning, which could be a significant comfort drawback during warmer months, potentially impacting tenant satisfaction or future resale.
Older Construction & Potential for Updates: Built in 1950, the property may require substantial modernization, system upgrades, or deferred maintenance to meet contemporary standards and maximize its value.
Lower-Rated Elementary School: The assigned Garfield Elementary School has a rating of 3, which might be a concern for families prioritizing access to top-tier public education.

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