Menlo Park, CA 94025,850 Roble AVE
Menlo Park, CA 94025,850 Roble AVE
Menlo Park, CA 94025,850 Roble AVE
Menlo Park, CA 94025,850 Roble AVE
Menlo Park, CA 94025,850 Roble AVE
Menlo Park, CA 94025,850 Roble AVE
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$7,300,000

$7,020,000

4.0%
Est.Price: ?

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Est. payment /mo

0.31 Acres Lot


SOLD DATE : 05/14/2024

Key Details

Sold Price $7,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81962444

Sold Date 05/14/24

HOA Y/N No

Year Built 1959

Annual Tax Amount $97,665

Lot Size 0.306 Acres

Property Description

Robles Apartments is an exceptional pride-of-ownership 13-unit multifamily asset located in the thriving city of Menlo Park. Situated on a 13,320 square foot parcel of land, the subject property was originally constructed in 1959 and has a gross building area of 12,348 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans featuring individual water heaters. The subject property also offers tenants convenient amenities such as private parking, carport storage, and an on-site laundry facility. The subject property boasts a prime location positioned immediately adjacent to Downtown Menlo Park. This vibrant area offers an abundance of upscale shops and restaurants, creating a pedestrian-friendly ambiance. With its excellent walk and bike score, Robles Apartments provides convenient access to prestigious educational institutions such as Stanford University, Menlo College, Sacred Heart Prep, and Menlo-Atherton High School. The subject property also offers convenient access to regional lifestyle and employment centers of San Jose and San Francisco through its strategic peninsula location.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R30000

Interior

Cooling None

Fireplace No

Exterior

Carport Spaces 13

Roof Type Shingle

Building

Water Public

Schools

School District Other

Others

Tax ID 071311120

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Adam S. Levin • Marcus & Millichap
Bought with Adam S. Levin • Marcus & Millichap

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