CA
San Mateo
MENLO PARK
94025
938 Alice Lane
938 Alice Lane, MENLO PARK, CA 94025
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Listing Type
Multi Family
Listing Status
Active
32
$3,200,000

Home Details for 938 Alice Lane

Price
$3,200,000
Type
Residential Income
Square feet
4162
Year built
1922
Lot size acres
0.35
County
San Mateo
Garage
2
MLS Listing#
ML82049437
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Jimmy Castellanos
Property Description

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.

Property Features
  • Heating Information
    • Central
    • Forced Air
    • Wall Furnace
  • Parking
    • Carport
    • Assigned
    • Detached
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Water Features
    • Public
School Information
School Information for 938 Alice Lane, MENLO PARK, CA 94025
Elementary School
Oak Knoll Elementary
Middle School
Hillview Middle
High School
Menlo-Atherton High
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Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-06-05 13:20:56
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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