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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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1326 Hoover Street 5 — Menlo Park — 3 Beds • 3 Baths • 1,745 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+16 more

$2,250,000

63 DOM

$1,289/sqft3 bd3 ba1,745 sqftHOA ~1,048/mo

Call

1326 Hoover St 5 Menlo Park, CA 94025

1,882sqft lot

Gorgeous, contemporary, single-level condominium renovated in 2019. Located on a quiet, tree-lined street but only steps away from vibrant downtown Menlo Park. This end-unit condo with a wall of windows facing southwest and two balconies is special -- come see it at the open house on Sunday morning, then stroll a couple of blocks to the downtown Farmers' Market for some fresh treats, flowers, and music! This sun-drenched, spacious unit features expansive living and dining rooms, high ceilings, wide-plank European hardwood floors, double-paned Andersen windows and doors, and recessed and custom lighting. The beautiful and functional chef-style kitchen with stainless steel appliances, quality cabinetry, and quartz countertops makes entertaining easy and enjoyable. Additional features that add to the comfort and convenience of the home include 2 inviting balconies, central air conditioning, in-unit washer and dryer, and ample storage space. The secure building features 2 locked pedestrian gates and a secure underground garage with 2 assigned parking places and a private storage locker. With a wave of high-profile restaurants opening downtown recently (see tinyurl.com/menlo-park-wave), Menlo Park is the hot destination on the Peninsula -- come experience the lifestyle for yourself!

MLS ML82034254

650-941-4300 (Office) 650-539-5674 (Cell) lori@opartners.com

Est. payment

$15,425/mo

Principal & interestTaxesInsuranceHOA

$11,377$2,344$656$1,048

Down %

Rate %

Years

Down payment: $450,000 · Total cost: $4,545,801

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$15,425/mo

Principal & interest: $11,377
Est. property tax: $2,344
Est. insurance: $656
HOA (normalized / mo): $1,048
Down payment: $450,000

Est. gross rent$9,375/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-6,050/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.