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$ 4,888,888
Est. payment | /mo
8,550 Sqft Lot
$ 4,888,888
Est. payment | /mo
8,550 Sqft Lot
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
Listed by Michael Henshaw • Marcus & Millichap