1129 Willow Rd, Menlo Park, CA 94025 — Sale in Menlo Park, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Menlo Park, CA 94025
Photos
Investment Figures
- Cap rate
- 4.78%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
1129 Willow Rd is a well-situated 5-unit multifamily asset located in the thriving city of Menlo Park. Situated on a 6,000 square foot parcel of land, the subject property was originally constructed in 1951 and has a gross building area of 3,852 square feet, offering its tenants beautifully designed one-bedroom floor plans. The subject property also offers tenants convenient amenities such as private garage parking and a beautifully maintained front lawn area. 1129 Willow Rd offers residents convenient access to the vibrant downtown districts of both Menlo Park and Palo Alto, featuring an abundance of upscale dining, boutique retail, entertainment, and everyday conveniences. The property is also ideally located near renowned employers such as Meta, Stanford University, and numerous venture capital and technology firms along Sand Hill Road and throughout the Peninsula. Residents benefit from excellent regional connectivity via nearby Highway 101, El Camino Real, and Caltrain stations, providing seamless access to San Francisco, San Jose, and the greater Bay Area. The investment appeal of this asset is driven by Menlo Park's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1129 Willow Rd presents an attractive choice for tenants and residents due to its proximity to major employers, educational institutions, transportation corridors, shopping, dining, and entertainment options. Investment Highlights: • Prime Silicon Valley Multifamily Asset in a Core Infill Location – 1129 Willow Rd presents the rare opportunity to acquire a well-situated 5-unit multifamily asset in the heart of Silicon Valley. • Unprecedented Rent Growth - Menlo Park has experienced an unparalleled demand for rental units following the pandemic. • Major Employment Center - 1129 Willow Rd is situated by many of the area's most prominent employers such as Meta, Stanford, Google, SRI International, Pacific Biosciences, and much more. • A
Market Context
This multifamily in Menlo Park, CA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Menlo Park, CA — view the full market.
As of Q4 2025, the San Francisco Peninsula multifamily market showed a 4.6% vacancy rate, average asking rents near $3300.00/unit/mo, rents up 5.9% year over year, and cap rates around 4.5%. Source: Matthews Q4 2025 market report.
Its 4.8% asking cap rate is above the San Francisco Peninsula multifamily market average of about 4.5%, implying a higher yield (and typically more risk or upside) than comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Multifamily market FAQ
- What is the typical cap rate for multifamily in San Francisco Peninsula?
- About 4.5% as of Q4 2025, per Matthews.
- Is the San Francisco Peninsula multifamily market tightening or softening?
- Vacancy is around 4.6%, with asking rents rising year over year (Q4 2025).
Contact
- Adam Levin · (650) 391-1782 · adam.levin@marcusmillichap.com
- Rob Johnston · (650) 391-1744 · robert.johnston@marcusmillichap.com
Explore this market
Similar Multifamily Property for Sale in Menlo Park, CA
- 660 Roble Ave — Contact for price · Menlo Park, CA
- 830 University Drive — Contact for price · Menlo Park, CA
- 830 University Drive — $4M · Menlo Park, CA · 6,516 SF