933 Florence LN
Menlo Park, CA 94025
Map
- 8 beds
- – baths
- 4,080 sqft
- 7,436 sqft lot
- $857 per sqft
- 1964 build
- – on site
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).
Last checked:
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Last updated Jun 15, 2025
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MLS# 82004513 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1964
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Age:61
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Construction Type:Wood Frame
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Subclass:Fourplex
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Roofing:Composition, Shingle
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Foundation:Concrete Perimeter
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# of Stories:2
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# of Units:4
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Structure SqFt:4080
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Structure SqFt Source:Assessor
Interior
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Additional Rooms:Laundry Room, Storage
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Flooring:Carpet, Tile
Room Dimensions
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Living SqFt:4080
Location
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Cross Street:University Drive
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City Limits:Yes
The Property
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Parcel Number:071-302-040
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Zoning:R3
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Lot Acres:0.1707
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Lot Size Area Min:7436.00
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Horse Property:No
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Yard/Grounds:Back Yard, Balcony / Patio, Deck, Fenced, Low Maintenance, Porch - Enclosed
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:82004513
The Listing
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Branded Additional Tour:
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Unbranded Additional Tour:
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Heating & Cooling
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Cooling Methods:Ceiling Fan
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Heating Methods:Central Forced Air - Gas
Utilities
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Utilities:Individual Electric Meters, Individual Gas Meters, Public Utilities
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Sewer/Septic System:Sewer - Public
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Water Source:Public
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Meters:Master Water, Separate Electric, Separate Gas
Appliances
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Laundry:Washer / Dryer
The Community
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HOA:No
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Pool:No
Parking
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Description and Access:Assigned Spaces, Attached Garage, Covered Parking, Off-Street Parking
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Parking Spaces:4
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Garage Spaces:4
Extra Units
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# of Buildings:1
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Unit 1 Full Bathrooms:2
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Unit 2 Full Bathrooms:2
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Unit 3 Full Bathrooms:2
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Unit 1 Bed:2
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Unit 2 Beds:2
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Unit 3 Beds:2
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Unit 4 Beds:2
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Unit 4 Full Bathrooms:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/28/25
Apr 28, 2025
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Listed / Active | MLSLISTINGS | $3,500,000 |
