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    743 Roble Avenue

    Menlo Park, CA 94025
    • $3,788,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: ML81814331
    UPDATED: 69 min ago
    $3,788,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,340
      SQFT
    • $873
      $/SQFT
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    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.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-30T20:46:17.963.

    www.lucasgphomes.com/homes/110752546
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    743 Roble Avenue Menlo Park, CA 94025

    • Price: $3,788,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: ML81814331
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,340
    SQFT
    $873
    $/SQFT
    1956
    Built
    Neighborhood:
    All Other Counties/States
    County:
    San Mateo
    Area:
    All Other Counties/States
    Property Description
    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.
    Exterior Features

    Lot Description Level Parking Spaces Total 5 Roof Composition Shingles Views DowntownHillsMountainsPanoramicRidge Yard Description Back YardFenced

    Interior Features

    Apx Sq Ft Unit1 1000 Apx Sq Ft Unit2 1000 Apx Sq Ft Unit3 1000 Apx Sq Ft Unit4 1000 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling No Air Conditioning Flooring Hardwood Floors Heating Forced Air 1 Zone

    Property Features

    Age 64 Annual Gross Sched Income 160344 Annual Rental Inc 160344 Annual Taxes 45456 Annual Utility Expense 300 Building Type Fourplex City Transfer Tax Yes Disclosures Nat Hazard Disclosure Existing Lease Terms Month To MonthYear Lease Financial Data Source Owner Operating Expenses Maintenance/Repair Possession Coe Rent Unit1 3498 Rent Unit2 0 Rent Unit3 0 Rent Unit4 2865 Tenant Pays ElectricGas Water Sewer Sewer System - PublicWater - Public Zoning R300

    Listing courtesy of Janet Dore/John Spiller of Coldwell Banker Realty.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-30T20:46:17.963.

     
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