Menlo Park Townhomes Sells for $1.34 Million

TUCSON, AZ (June 4, 2024) —  The Menlo Townhouses at 1331-1349 West Pennington Street in Tucson sold fro $1.34 million  ($134,000 per unit) at the corner of Pennington and Silberbell Road in the Menlo Park area.

Built in 1978, the 10 units, totaling 7,074 square feet, sit on .69 acres zoned R-2. The unit mix includes six recently remodeled units: (4) 1-bedroom/1 bath units and (6) 2-bedroom / 1 bath units. The property has 20+ parking spaces in the rear with street parking, all 5 minutes from downtown Tucson and 10 minutes from UArizona. The units have individual parcels and could be sold individually.

Rob Lamb with Long Realty Company represented the seller, Phelps Western Investments of Los Altos, CA, and Allen Mendeslberg and Joey Martinez with Cushman & Wakefield | PICOR represented the buyer Menlo Townhomes, LLC of Redondo Beach, CA.

For more information, Lamb should be reached at 520.444.4411 and Mendelsberg is at 520.546.2721, while Martinez can be contacted at 520.546.2730.

To learn more, see RED Comp #11288.