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929 Alice LaneMenlo Park, CA 94025

For Sale

$3,100,000

Smart Buyer Rebate $31,000

929 Alice Lane offers an outstanding investment opportunity or an ideal option for an owner-occupier in the heart of downtown Menlo Park. Situated on a quiet cul-de-sac in a highly desirable residential neighborhood, this well-maintained four-unit property has been owned by the same family for approximately 42 years. The property features one spacious 3-bedroom, 2-bath unit and two 1-bedroom, 1-bath units, and 2-bedroom one bath unit. Utilities are paid by the tenants. Enjoy an excellent location within walking distance of Downtown Menlo Park and convenient access to Downtown Palo Alto. The property is also ideally situated near Stanford University, Menlo College, Sacred Heart Prep, and Menlo-Atherton High School. A rare opportunity for an investor or owner-occupier in one of the Peninsulas most desirable locations.

Listed by Hossein Jalali

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License #01215831

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Coldwell Banker Realty

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650-740-2233

Last updated September 14, 2026

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Source: MLSListings #ML82058193

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown Menlo Park
  • Days on Prevu2
  • Taxes$42,000/year
  • Size3,168 sqft
  • Price per sqft$979

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/14/2026
Listed by Coldwell Banker Realty
$3,100,000
  1. 09/14/2026$3,100,000
    Listed by Coldwell Banker Realty

Property Details for 929 Alice Lane

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Tar/Gravel
  • Stories: 2
  • Year Built: 1949
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,168
  • Lot Size Area: 7,865
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,865
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.38
  • Gross Income: $126,200.00
  • Operating Expense Includes: Gardener, Insurance, Water/Sewer

Taxes

  • Parcel Number: 071-302-220
  • Tax Annual Amount: $42,000.00

Interior

Features

  • Appliances: Cooktop - Electric, Exhaust Fan, Oven - Electric, Refrigerator
  • Flooring: Carpet, Hardwood

Measurements

  • Living Area: 3,168

Parking

Parking

  • Carport Spaces: 3
  • Carport: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached Garage, Carport

Schools

Elementary School

  • Elementary School: Oak Knoll Elementary
  • Elementary School District: Menlo Park City Elementary

High School

  • High School: Menlo-Atherton High
  • High School District: Sequoia Union High

Middle or Junior School

  • Middle Or Junior School: Hillview Middle_1

Utilities

Equipment

  • Cooling: Central Forced Air, Central Forced Air - Gas
  • Heating: Central Forced Air - Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 929 Alice Lane.

What schools are nearby to 929 Alice Lane?

Nearby schools include the Oak Knoll Elementary, Hillview Middle_1 Middle School, and Menlo-Atherton High.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 929 Alice Lane.

What are the annual taxes for 929 Alice Lane?

Annual taxes for this multi-family home are estimated at $42,000.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,168 sqft.

929 Alice Lane is a -bedroom multi-family home for sale in Menlo Park CA 94025. Available on Prevu for 2 days at $3,100,000. This home features 3,168 square feet of living space, located in Menlo Park. The median listing price for multi-family homes in this area is $2,524,500. Nearby schools include Oak Knoll Elementary, Hillview Middle_1 Middle School, and Menlo-Atherton High. Additional amenities include pets allowed and parking. View other multi-family home listings in Menlo Park.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 09/14/2026. 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. Data Services by Constellation Data Labs. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.