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MENLO PARK TOWNHOMES

Asset Class: Residential Role: General Partner & Manager Acquired: 2019 Status: Sold 2024
The company acquired the residential complex at 612 College Ave in Menlo Park, CA, consisting of four contemporary, luxury townhome/condominium units in 2019. Strategically situated in the highly coveted Allied Arts neighborhood, the property is just a short walk from Downtown Menlo Park and offers fast access to Stanford University, Caltrain, and the major tech companies of Silicon Valley. Each residence is a three-story unit, with individual square footages typically ranging from approximately 1,600 to 1,900 square feet, featuring high-end appointments. The development was notable as one of the first residential projects completed under the City's El Camino Real/Downtown Specific Plan, designed to bring modern, dense housing options to the area.
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