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For Sale

$3,788,000

743 Roble Ave
Menlo Park, CA 94025

Sqft 4,340 sqft
A rare opportunity for an investor. Prestigious investment property in desirable downtown Menlo Park, California. Four (4) total units. Features two bedrooms and one bath in each unit with either breakfast nook/eat-in-kitchen or a spacious dining area. Set back from the street with mature landscaping, this property is near Facebook, Stanford University, Sand Hill Road, and many other major employers. Desirable Menlo Park schools. Walking distance to shops, restaurants, and parks. As per county records, lot approx. 7452 sq. ft. and building approx. 4340 sq. ft. Units 2 and 3 are deliberately vacant; stated income and CAP rate assumes vacant units are leased at market rates. Reports, disclosures and Offering Memorandum available upon request. Indicated expenses may be subject to change with new owner. Garden courtyard setting. Read More

Market Status
Available
Last Updated
May 11, 2021

Property Type
Multi Family
Year Built
1956
Heating System
Forced Air
Property Type
MultiFamily; Multi-Family Home

Local Market Conditions

There are currently 31 properties for sale in the Menlo Park, CA area with the average listing price of $3,341,833. This represents a decrease of -3.3% over the previous week. The 3 bedroom homes saw the largest decrease in the average listing price over the previous week with a -4.3% decrease. To learn more about the Menlo Park, CA area, contact a local expert!

Market Snapshot for Menlo Park, CA

Avg. Listing Price

$3,341,833

Wk ending May 15

$-114,567

-3.3%

w-o-w

31

24

9

3

Average Listing Price for Menlo Park, CA
No. BedroomsNo. Beds Week Ending
(May 15)
w-o-w Week Ending
(May 8)
Week Ending
(May 1)
Week Ending
(Apr 24)
All PropertiesAll $3,341,833 -3.3% $3,456,400 $3,501,161 $3,695,479
1 bedroom1 BR $2,588,333 +0.0% $2,588,333 $2,588,333 $2,895,000
2 bedrooms2 BR $985,000 +0.0% $985,000 $985,000 $985,000
3 bedrooms3 BR $2,588,429 -4.3% $2,703,333 $2,718,812 $3,158,286
4 bedrooms4 BR $3,414,444 +6.1% $3,219,445 $3,103,334 $3,311,273

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This $3,788,000 Multi Family at 743 Roble Ave in Menlo Park, CA is presented by Janet Dore and has been on the market for 220 days. This $3,788,000 Multi Family, located in the 94025 zip code, has the following property features: Heating System, Property Type. This 743 Roble Ave Multi Family, located in San Mateo County , is listed under MLS listing number ML81814331 and has a listing price of $3,788,000. You can find more Menlo Park homes for sale here.

Data Provided by Coldwell Banker

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