$3,650,000

938 Alice LN, Menlo Park CA, 94025

Price per sqft$876.98

Built in1922

Property size4,162 sqft

Property typeResidential

Overview

Sold

Listed Jun 2, 2026

Updated 6 days ago

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.

Additional information

MLS^® ID: ML82049437

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.35 Acres

Other Property Details

Taxes: $35,065
Tax Frequency: Annually
Garage: Yes

Listed by Marcus & Millichap, Jimmy Castellanos DRE:02024152,
Listing Contact: 408-483-5040

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Milad Real Estate, Inc. | CA DRE# 02094542 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Milad Real Estate, Inc. | CA DRE# 02094542 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

Data last updated 1:33 PM UTC, 9/28/2026