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.
AGENT: Jimmy Castellanos LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 938 Alice LN
Menlo Park, CA
Property Details
Price:
$3,200,000
MLS #:
ML82049437
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699notdefined
Listed Date:
Jun 2, 2026
Finished Sq Ft:
4,162
Total Sq Ft:
4,162
Lot Size:
15,301 sqft / 0.35 acres (approx)
Year Built:
1922
699 – Not Defined699notdefinedOtherOak KnollHillviewMenlo-atherton
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Schools
School District:
Other
Elementary School:
Oak Knoll
Middle School:
Hillview
High School:
Menlo-Atherton
Interior
Cooling
CA, WW
Heating
WL, CF
Exterior
Accessibility Features
NO
Garage Spaces
2
Parking Spots
3
Parking Total
3
Roof
CMP, SHN
Financial
Maintenance Fee
$3,750
Taxes
$35,065
Map
Community
- Address938 Alice LN Menlo Park CA
- CityMenlo Park
- CountySan Mateo
- Zip Code94025
