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850 Roble Avenue, Menlo Park, CA 94025

Commercial property

850 Roble Avenue, Menlo Park, CA 94025 Sold May 2024 CRMLS
$7,300,000Sold May 2024

Listing Agent: Adam S. Levin (DRE #01462752) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Adam S. Levin · Marcus & Millichap · MLS #ML81962444 · Source: CRMLS

12,348
Building Sq Ft
13,320 sqft
Lot Size
1959
Year Built
R30000
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$7,300,000
Sold May 2024 · listed $7,020,000, on market April 2024 · MLS #ML81962444 · Source: CRMLS
Listing Agent: Adam S. Levin · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Adam S. Levin · Marcus & Millichap
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