Date
Details
Price
Change
Source
6/02/2026
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,200,000 Just Listed
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Saturday 6/6 11:00 AM - 1:00 PM
938 Alice Ln,Menlo Park, CA 94025938 Alice LnMenlo ParkCA94025
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Property Description
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.
Full Property Details
Full Property Details for 938 Alice Ln
General
- Price: $3,200,000
- Status: Active
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82049437
- Updated: Today (6/2/2026)
- Added to Site: Today
Rooms
Other Rooms
- Laundry: Washer/Dryer in Some Units
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Garage Spaces: 2
- Parking Features: Assigned Spaces, Carport , Detached Garage
Location
- Area: Allied Arts / Downtown
- County: San Mateo
Heating & Cooling
- Cooling Type: Central AC, Window / Wall Unit
- Heating Type: Central Air (Forced Air), Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Construction: Wood Frame
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
- Disability Access: None
- Square Feet: 4,162
- Year Built: 1922
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.35
- Minimum Lot Size: 15301
- Lot Size (Sq. Ft.): 15,301
- Building Sites: 3
- Zoning: R3
Listed by Marcus & Millichap, Jimmy Castellanos
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 938 Alice Ln —
Jimmy Castellanos
Marcus & Millichap
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 938 Alice Ln
Tax History
Tax History for 938 Alice Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,034
4%
$272,581
2%
2024
$11,582
4%
$267,237
2%
2023
$11,146
2%
$261,998
2%
2022
$10,877
4%
$256,862
2%
2021
$10,477
2%
$251,827
1%
2020
$10,265
3%
$249,245
2%
2019
$9,979
3%
$244,359
2%
2018
$9,655
3%
$239,569
2%
2017
$9,382
7%
$234,872
2%
2016
$8,799
4%
$230,267
2%
2015
$8,465
6%
$226,809
2%
2014
$8,009
6%
$222,367
—
2013
$7,560
—
$221,363
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 938 Alice Ln
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- Single Family
- Active
- Updated 10 hours ago
- 3Beds
- 2Total Baths
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- Active
- Updated 23 hours ago
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- 1Total Bath
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- Updated 2 days ago
- 3Beds
- 4Total Baths
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 1,834Sq. Ft.
Listed by Golden Gate Sotheby's International Realty, Young Platinum Group
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- Single Family
- Closed
- 5Beds
- 3Total Baths
- 3,792Sq. Ft.
Listed by The Abigail Company, Abby Ahrens and The Abigail Company, Gregg Ann Herrern
Sold by Rcip, RECIP
Sold by Rcip, RECIP
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- Closed
- Updated 8 days ago
- 3Beds
- 2Total Baths
- 1,324Sq. Ft.
Listed by Compass, Wendy Kandasamy
Sold by Comps, Jennifer Friess and Compass, Kirsty Hepburn
Sold by Comps, Jennifer Friess and Compass, Kirsty Hepburn
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- Closed
- 2Beds
- 3Total Baths
- 1,498Sq. Ft.
Listed by Midtown Realty, Timothy Foy
Sold by Fqlt, Jingmei Gao
Sold by Fqlt, Jingmei Gao
- Single Family
- Closed
- 5Beds
- 4Total Baths
- 2,953Sq. Ft.
Listed by Compass, Zach Trailer
Sold by Gts2w, Rene Perez
Sold by Gts2w, Rene Perez
938 Alice Ln, Menlo Park, CA 94025 (MLS# ML82049437) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 938 Alice Ln is currently listed for $3,200,000 and was received on June 02, 2026. Want to learn more about 938 Alice Ln? Do you have questions about finding other Multi-Family real estate for sale in Menlo Park? You can browse all Menlo Park real estate or contact a Coldwell Banker agent to request more information.