830 University Drive — Sale in Menlo Park, CA

  • Price: $4M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Menlo Park, CA 94025
  • Size: 6,516 SF

Photos

830 University Drive — Sale in Menlo Park, CA, photo 1 of 1

Investment Figures

Price per square foot
$606

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

Four unit multi-tenant apartment complex. Addresses include 830 University Dr., 787 & 789 Live Oak Dr.

Market Context

This multifamily in Menlo Park, CA is listed for sale at $3,950,000 across 6,516 SF. 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.

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).

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