---
listing_id: ML82004513
status: Closed
price: 3250000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 4080
sqft_lot: 7436
lot_acres: 
year_built: 1964
property_type: Residential Income
property_subtype: 
address: "933 Florence Ln"
city: Menlo Park
state: CA
zip: 94025
county: "San Mateo County"
lat: 37.446576
lng: -122.1828
days_on_market: 380
hoa_fee: 
hoa_frequency: 
garage_spaces: 4
list_agent: "Ismael Benhamida"
list_office: "Compass"
list_agent_phone: "(408) 373-6195"
list_agent_license: 01722847
mls_source: MLSL
modified: 2026-01-30
transaction_type: recentlySold
---

Home | San Mateo County | Menlo Park | 94025 | 933 Florence Ln

933 Florence Ln, Menlo Park, CA 94025

MLS: ML82004513 | Status: Sold | Price: $3,250,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
4,080 7,436 1964

Remarks

Welcome to 933 Florence Lane, a 4,080 SqFt fourplex located in the heart of Downtown Menlo Park walking distance to Caltrain and Santa Cruz Avenue. All units are two-bedroom/two-bathroom and have private outdoor space and a one-car garage and tandem parking space. The current owner and his family built the property in 1964. Recent improvements include new electrical panels, copper plumbing, dual pane windows, central heating systems, and exterior paint. Opportunity to add value by renovating the unit interiors with luxury finishes and installing air conditioners, electric car chargers, and in-unit laundry to meet the demand of high-income technology employees. Additionally, a new owner can create accessory dwelling units through garage conversions. The property is located near to Stanford Shopping Center, Stanford University, Stanford Hospital, VC Firms on Sand Hill Road, and Meta's headquarters. The strong rent growth, shortage of housing units, proximity to hi-tech employers employers, and value-add and ADU potential make 933 Florence Lane a great opportunity for both the cash flow and appreciation-minded investor. Offering Memorandum available. Cap Rate: 2.42% (Current), 4.61% (Market). GRM: 24.2 (Current), 15.51 (Market). Monthly Rent: $12,050 (Current), $18,800 (Market).

MLS Listing Information

Field Value
MLS # ML82004513
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Appliances Washer/Dryer
Flooring Carpet, Tile
Cooling Ceiling Fan
Heating Central Forced Air - Gas

Exterior Features

Feature Details
Roof Composition, Shingle
Foundation Concrete Perimeter

Parking, School, and Other Information

Feature Details
Garage/Parking Assigned Spaces, Attached Garage, Covered Parking, Off-Street Parking, Garage: 4 Car(s)
Elementary District Menlo Park City Elementary
High School District Sequoia Union High
Sewer Public Sewer
Water Public
Zoning R3

Contact Information

Listing Agent Co-Listing Agent
Ismael Benhamida Hanna John Azar
Compass Compass
License #: 01722847 License #: 02005698
Phone: (408) 373-6195 Phone: (415) 875-0177

Property Units

# Buildings # Leased Units # Total Units
1 4 4

Unit Details

Unit # Sq Ft Beds Baths Rent
1 2 2/0 $3,150
2 2 2/0 $3,000
3 2 2/0 $2,950
4 2 2/0 $2,950

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Hillview Middle School public 6-8 0.83 mi 9
Packard Children's Hospital/Stanford public K-12 0.87 mi N/A
Menlo-Atherton High School public 9-12 1.12 mi 8
Oak Knoll Elementary School public K-5 1.24 mi 10
Encinal Elementary School public K-5 1.27 mi 9
Palo Alto High School public 9-12 1.51 mi 10
Palo Alto Adult Education public UG 1.57 mi N/A
Laurel Elementary School public K-5 1.57 mi 10
La Entrada Middle School public 4-8 1.58 mi 10
Las Lomitas Elementary School public K-3 1.71 mi 10
Addison Elementary School public K-5 1.75 mi 9
Garfield Elementary School public K-8 1.95 mi 6
Sequoia District Adult Education public UG 2.05 mi N/A
Walter Hays Elementary School public K-5 2.18 mi 9
Adelante Selby Spanish Immersion School public K-5 2.20 mi 6
Escondido Elementary School public K-5 2.29 mi 10
Belle Haven Elementary School public K-5 2.39 mi 1
Taft Elementary School public K-5 2.43 mi 4
Tide Academy public 9-12 2.51 mi 9
Duveneck Elementary School public K-5 2.68 mi 9

Disclosures

©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Ismael Benhamida, (408) 373-6195.