$7,300,000
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850 Roble AVE Menlo Park, CA 94025
3 Beds
2 Baths
12,348 SqFt
Key Details
Sold Price $7,300,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 12,348 sqft
Price per Sqft $591
MLS Listing ID ML81962444
Sold Date 05/14/24
Bedrooms 3
Full Baths 2
Year Built 1959
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 Allied Arts / Downtown
Zoning R30000
Interior
Heating No Heating
Cooling None
Exterior
Parking Features Carport , On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 071-311-120
Security Features None
Special Listing Condition Not Applicable
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Bought with Adam S. Levin • Marcus & Millichap