660 Roble AVE Active

Menlo Park,CA 94025

$ 4888888

3 Beds

3 Baths

5220 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,220 sqft

Price per Sqft $936

MLS Listing ID ML81985430

Bedrooms 3

Full Baths 3

Year Built 1956

Lot Size 8,550 Sqft

Property Description

Marcus & Millichap is pleased to present the opportunity to acquire 660 Roble Avenue, an eight-unit multifamily property in Menlo Park. This is a tremendous opportunity for an investor to acquire a property not just in the heart of the Silicon Valley but also one of the most affluent communities in the United States. 660 Roble Avenue is an eight-unit multifamily property located in one of the most desired areas of Menlo Park. The property sits on a 0.2 acre lot. Among the amenities are on-site laundry, individual carports for each unit along with ample street parking. Its location is one of the most desired in Menlo Park, making it highly coveted by tenants. Downtown Menlo Park is a few blocks away with over 50 shops, restaurants, and services that include Draegers Market, Walgreens, and Amicis East Coast Pizzeria. Residents are also a short drive away from Stanford Mall and Downtown Palo Alto. Residents have easy access to El Camino Real, which offers a direct route to most major cities in the South Bay and the Peninsula. Menlo Park is a sought-after destination for investors and residents. Its also one of the most valued cities with the average median home price being over $3.2M (as of June 2024).

Location

State CA

County San Mateo

Area Allied Arts / Downtown

Zoning R30000

Rooms

Other Rooms Laundry Room,Other

Kitchen Cooktop - Electric,Countertop - Granite,Countertop - Other,Countertop - Tile,Oven - Electric,Refrigerator,Other

Interior

Heating Gas

Cooling Other

Flooring Carpet,Hardwood,Laminate,Tile,Vinyl / Linoleum,Other

Laundry Coin Operated

Exterior

Garage Carport

Community Features Other

Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities,Other

Roof Type Composition,Flat / Low Pitch,Shingle,Other

Building

Foundation Concrete Perimeter,Wood Frame,Other

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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