Menlo Park, CA 94025,660 Roble AVE
Menlo Park, CA 94025,660 Roble AVE
Menlo Park, CA 94025,660 Roble AVE
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$4,888,888
Est. payment /mo
8,550 Sqft Lot
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UPDATED:

11/15/2024 01:36 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81985430

HOA Y/N No

Year Built 1956

Annual Tax Amount $53,308

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 699 - Not Defined

Zoning R30000

Interior

Fireplace No

Exterior

Carport Spaces 8

Utilities Available Other

Roof Type Composition,Flat,Other,Shingle

Building

Water Public

Schools

School District Other

Others

Tax ID 071331120

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Michael Henshaw • Marcus & Millichap