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660 Roble Ave
Menlo Park, CA 94025 Downtown Menlo Park

$4,788,888 USD

Apartments For Sale  •  5,220 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,220 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 3.49 %
  • Zoning R3
49 Transit Score
96 Walk Score

Highlights

Invest in an eight-unit multifamily property with ADU potential and excellent occupancy history at 660 Roble Avenue.
Many upgrades, including new windows, roofs, softscape and hardscape, patio area, bicycle storage, and driveways.
Ideal Silicon Valley location, minutes to Downtown Palo Alto and Downtown Menlo Park, Caltrain, and Stanford Shopping Center.
Tremendous curb appeal blended with desirable studio, one-bed, and two-bed floor plans, on-site storage, and covered parking.

Financial Summary (Proforma)

Net Operating Income: $215,912 USD (2025)
Cap Rate: 3.49 %
Total Expenses: $72,318 USD

Amenities

  • 24 Hour Access
  • Dishwasher
  • Laundry Facilities
  • Storage Space
  • Washer/Dryer
  • Heating
  • Recycling
  • Smoke Free
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Stainless Steel Appliances
  • Double Pane Windows

Public Transportation

Commuter RailDriveWalkDistance
Menlo Park (Caltrain - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 1 min 7 min 0.4 mi
Palo Alto (Caltrain - Caltrain (Caltrain), Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 3 min - 1.1 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 27 min - 17.8 mi
San Francisco International 29 min - 19.4 mi
Metro Oakland International 43 min - 29.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Michael Henshaw 650-852-1306 Marcus & Millichap
Michael Henshaw 650-852-1306 Marcus & Millichap