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