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850 Roble Ave, Menlo Park, CA, 94025
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850 Roble Ave Menlo Park, CA, 94025

$7,020,000 Commercial pending Other

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.
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Property details

12,348 sqft interior area
Land area
13,320 sqft (0.31 acres)
Days on Verhouse
26
Address
850 Roble Ave, Menlo Park, CA, 94025
City of California
Menlo Park
County
San Mateo
Year Built
1959
District
Listing

Nearby major retailers

Costco
CVS Pharmacy
Pet Food Express
See's Candies
Supercuts
Public Storage
7-Eleven
Trader Joe's
AT&T
MetroPCS
Verizon Wireless
Petco
GameStop
GNC
Kohl's
Ross
Ace Hardware
Apple Store
Tiffany & Company
99cent Store & Over
T-Mobile
Chevron
Neiman Marcus
Macy's
Nordstrom
The Home Depot
O'Reilly Auto Parts
Marshalls
Whole Foods Market
Jiffy Lube
Kmart
Lexus
AutoZone
Safeway
Bloomingdale's
Dollar Tree
Rite Aid
Staples
Wholesale: 1
Chemist: 4
Pet: 4
Confectionery: 1
Hairdresser: 1
Storage rental: 4
Convenience: 9
Supermarket: 8
Mobile phone: 13
Video games: 1
Nutrition supplements: 2
Department store: 9
Do it yourself: 3
Electronics: 2
Jewelry: 1
Car parts: 3
Car repair: 3
Car: 1
Variety store: 1
Stationery: 1
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Listed by

Adam S. Levin, Marcus & Millichap
Name
Adam S. Levin
License number
01462752
Brokerage company
Marcus & Millichap
MLS #
ML81962444

Payment calculator

Calculate your monthly payments
Mortgage
$21,553
Taxes
$0
HOA dues
$0
$21,553 per month
Mortgage
$1,404,000 / 20%
2.28%
30 years
Your amount $21,553 / month

Lot details

TMK #071311120
Parcel nr.
071311120

94025 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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Bus stop
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Supermarket
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Costco
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Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 94025

50%
Families with children
National average: 39%
33%
Non family households
258,441
Population
$217,721
Average Income

Age & gender

Median age 39 years
More info

Commute types

73% commute by car
More info

Education level

33% have professional education
More info

Number of employees

3% work in management
More info

Vehicles available

39% have 2 vehicle
More info

Vehicles by gender

39% have 2 vehicle
More info

Housing market insights for

$3.32m
Neighborhood average
sales price*
$2.39m
Neighborhood median
sales price*
331
Number
of sales*

Housing type

59% are single detacheds
More info

Rooms

33% of the houses have 4 or 5 rooms
More info

Bedrooms

54% have 2 or 3 bedrooms
More info

Owners vs Renters

57% are owners
More info
17.5 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Pending May 7, 2024
Date Event Price $/sqft Source
May 7, 2024 Pending $7,020,000 0 MLS #ML81962444
Apr 22, 2024 New Listing $7,020,000 0 MLS #ML81962444

Taxes of 850 Roble Ave, Menlo Park, CA, 94025

R300 zoning / MLS #ML81962444
Zoning
R300

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Frequently Asked Questions about 850 Roble Ave

What is 850 Roble Ave?

850 Roble Ave is a Commercial/Industrial propertywith 12,348 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

850 Roble Ave, Menlo Park, CA, 94025.

What comparable properties are nearby?

Comparable nearby commercial properties include 201 El Camino Real, 450 Laurel St, 660 Donohoe St, 1446 Valota Rd, 3000 Alpine Rd, 219 Jackson Ave.

Based on information from the bridgeMLS as of 05-17-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 08, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are Draeger's Market, 0.14 miles away and Trader Joe's, 0.17 miles away.
The 94025 zip area has a population of 258,441, and 50% of the families have children. The median age is 39.09 years and 73% commute by car. The most popular housing type is "single detached" and 57% is owner.
Commercial Pending $7.02m 850 Roble Ave, Menlo Park, CA, 94025 Save House Remove from Saved