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$3,200,000
3 Days On Site

938 Alice Lane
Menlo Park, CA 94025

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
4,162
SqFt
$769
/SqFt
1922
Built
County:
San Mateo
Listed by Jimmy Castellanos of Marcus & Millichap jimmy.castellanos@marcusmillichap.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
Upcoming Open Houses
Sat, Jun 6, 11:00 AM - 1:00 PM
Wed, Jun 10, 12:00 PM - 1:00 PM
Fri, Jun 12, 12:00 PM - 1:00 PM
938 Alice Lane938 Alice Lane938 Alice Lane938 Alice Lane
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Mortgage Calculator

Monthly Payment (Est.)

$14,600
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$3,200,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,162 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3513 Acres
Year Built 
1922
MLS® Number 
ML82049437
Status 
Active
Property Tax 
$35,065
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.3513
Carport 
2
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
1
Parking 
Carport
Parking Spaces 
3
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4162
Water Source 
Public
Zoning 
R3
Interior Features
Cooling 
Central AirWall/Window Unit(s)
Heating 
CentralWall Furnace
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Exterior Features
Roof 
CompositionShingle
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Oak Knoll
Middle School
Hillview
High School
Menlo-Atherton


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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