632 University Dr. offers a strategic covered land play, allowing developers to capitalize on the land's current returns during the planning phase of future opportunities. Property is being sold alongside the adjacent property, 624 University Dr. PROPERTIES SOLD TOGETHER OR SEPARATELY. When purchased together, the lot size becomes almost 18,000 SqFt, allowing for the development of up to 12 units. 632 University Dr. is located in one of the most desirable areas of Menlo Park, west of El Camino, and three blocks from Downtown Menlo Park with abundant shopping, dining, and entertainment options. The property is within walking distance to Caltrain and approx. one mile from Stanford University, Stanford Hospital, and Stanford Shopping Center. The unit mix is (4) 1 bd / 1 ba units that are approx. 675 SF each (buyer to verify). Amenities include two on-site parking spaces per unit and direct access to Nealon Park (tennis, softball, pickle ball, dog park, etc.) through a gate at the rear of the property. Three of the four units are ground level with no unit above and have private yards. Units have an abundance of natural light and some have been upgraded with new counters, tile baths, and new vanities. The roof was replaced within the last 5 years.
Property Details
Property Features
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (650) 391-1700
Listing Agent: Carlos Azucena
Lot Features
Lot Information:
Lot Size: 0.20 Acres
School Info
Assigned Schools Information:
Menlo-Atherton High School, Public Magnet Grades 9-12
Hillview Middle School, Public District Grades 6-8
Encinal Elementary School, Public District Grades KG-5
Price Information
Listing Price Info
Price Summary:
List Price: $2,588,000
Tax Information:
Annual Amount: $16,196
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Menlo Park, CA.
This property is $196.3K more than the Median Sold Price in Menlo Park, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81955067
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (650) 391-1700
Listing Agent: Carlos Azucena
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 8:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$16,196
$898,130
2020
$15,862
$888,923
2019
$15,372
$871,495
2018
$15,373
$854,408
2017
$14,976
$837,657
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Encinal Elementary School
195 Encinal Ave
Distance between this listing and this school1.18 miles
Public District Grades KG-5
Middle School
8
/10
Hillview Middle School
1100 Elder Ave
Distance between this listing and this school0.93 miles
Public District Grades 6-8
High School
6
/10
Menlo-Atherton High School
555 Middlefield Rd
Distance between this listing and this school1.00 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Encinal Elementary School
195 Encinal Ave
Distance between this listing and this school1.18 miles
Public District Grades KG-5
Nearby Schools
9
/10
Oak Knoll Elementary School
1895 Oak Knoll Ln
Distance between this listing and this school1.29 miles
Public District Grades KG-5
8
/10
Laurel Elementary School
95 Edge Rd
Distance between this listing and this school1.47 miles
Public District Grades KG-3
Assigned Schools
8
/10
Hillview Middle School
1100 Elder Ave
Distance between this listing and this school0.93 miles
Public District Grades 6-8
Nearby Schools
8
/10
La Entrada Middle School
2200 Sharon Rd
Distance between this listing and this school1.68 miles
Public District Grades 4-8
3
/10
Garfield Elementary School
3600 Middlefield Rd
Distance between this listing and this school1.94 miles
Public District Grades KG-8
Assigned Schools
6
/10
Menlo-Atherton High School
555 Middlefield Rd
Distance between this listing and this school1.00 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school1.54 miles
Public District Grades 9-12
3
/10
East Palo Alto Academy
475 Pope St
Distance between this listing and this school1.67 miles
The neighbors living near this home have an average income of $100,718. Typical income of Menlo Park, CA residents is between $100k-200k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 632 University Dr
What is the listing price of this property?
The listing price of 632 University Dr property is $2,588,000.
What type of property is this?
The property 632 University Dr is land located in Menlo Park, California, 94025.
Is this property for sale now?
Sale Pending: 632 University Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 632 University Dr are: Encinal Elementary School: GreatSchools Rating 8/10Hillview Middle School: GreatSchools Rating 8/10Menlo-Atherton High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $16,196 (source: MLS/based on county public records data).
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This home is located at 632 University Dr in Menlo Park, CA and zip code 94025 in the Stanford Park Annex neighborhood. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $2,588,000.
Over 17 listings were sold over their listed price in March 2024 in Menlo Park, CA. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Menlo Park, CA increased by 14.3% between February 2024 and March 2024. In March 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $2,391,666.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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