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$4,888,888
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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).
Full Property Details
Full Property Details for 660 Roble Ave
General
- Price: $4,888,888
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML81985430
- Updated: 10/31/2024
- Added to Site: 63 day(s) ago
Interior
- Interior Features: Other
- Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum, Other
Rooms
Other Rooms
- Kitchen: Electric Cooktop, Granite Countertop, Other Countertop, Tile Countertop, Electric Oven, Refrigerator, Other
- Laundry: Coin-Operated
Additional Information
- Security/Safety: Video / Audio System, Other
Parking
- Parking Features: Carport
Location
- Area: Allied Arts / Downtown
- County: San Mateo
- Cross Streets: El Camino Real
Community
- Assoc. Fees Include: Other
Heating & Cooling
- Cooling Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Telecomm.: Other
- Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities, Other
- Metering: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas, Separate Other
Structural Information
- Construction: Concrete , Wood , Wood Frame, Other
- Foundation: Concrete Perimeter, Wood Frame, Other
- Roof: Composition, Flat / Low Pitch, Shingle, Other
- Disability Access: Other
- Square Feet: 5,220
- Year Built: 1956
Unit Information
Unit 1
- Bedrooms: 1
Unit 3
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1963
- Minimum Lot Size: 8550
- Building Sites: 1
- Zoning: R30000
Listed by Marcus & Millichap, Michael Henshaw
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Schools
Schools serving 660 Roble Ave
School Districts:Menlo Park City Elementary School District, Sequoia Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
195 Encinal Ave, Atherton, CA 94027 | K-5 | 1 mi | |
1100 Elder Ave, Menlo Park, CA 94025 | 6-8 | 1.1 mi | |
555 Middlefield Rd, Atherton, CA 94027 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 660 Roble Ave
Date
Details
Price
Change
Source
10/31/2024
Listed
$4,888,888
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 660 Roble Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$32,781
3%
$1,834,984
2%
2023
$31,857
3%
$1,799,005
2%
2022
$31,071
2%
$1,763,731
2%
2021
$30,373
1%
$1,729,149
1%
2020
$30,014
2%
$1,711,420
2%
2019
$29,383
3%
$1,677,863
2%
2018
$28,467
3%
$1,644,965
2%
2017
$27,757
3%
$1,612,711
2%
2016
$26,884
2%
$1,581,090
2%
2015
$26,274
4%
$1,557,342
2%
2014
$25,367
4%
$1,526,837
—
2013
$24,444
—
$1,519,937
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 660 Roble Ave
660 Roble Ave, Menlo Park, CA 94025 (MLS# ML81985430) is a Commercial Residential Facility property. 660 Roble Ave is currently listed for $4,888,888 and was received on October 31, 2024. Want to learn more about 660 Roble Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Menlo Park? You can browse all Menlo Park real estate or contact a Coldwell Banker agent to request more information.