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660 Roble Avenue, Menlo Park, California 94025, Menlo Park, - bed, bath

home-pic
ACTIVE$4,788,888
660 Roble Avenue, Menlo Park, California 94025
0Bed
0Bath
5,220Sqft
8,550Lot
Year Built
1956
Close
-
List price
$4.79M
Original List price
$4.79M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022090
Home ConditionFair
Features
Patio
View-

About this home

660 Roble Apartments is an exceptional pride-of-ownership 8-unit multifamily asset located in the thriving city of Menlo Park. Situated on a 8,712 square foot parcel of land, the subject property was originally constructed in 1956 and has a gross building area of 5,220 square feet, offering its tenants beautifully designed studio, one bedroom and two bedroom floorplans with upgraded interiors . 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, 660 Roble 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. There is the potential to ADU potential units.

Nearby schools

8/10
Encinal Elementary School
Public,•K-5•0.9mi
9/10
Oak Knoll Elementary School
Public,•K-5•1.5mi
8/10
Hillview Middle School
Public,•6-8•1.2mi
7/10
Menlo-Atherton High School
Public,•9-12•0.7mi

Price History

Date
Event
Price
09/18/25
Listing
$4,788,888
Condition Rating
Fair
The property was built in 1956, making it over 50 years old. While the exterior appears well-maintained with fresh paint, neat landscaping, and functional common areas (parking, patio), there are no interior images provided to assess the condition of the kitchens, bathrooms, or other living spaces. The description mentions 'upgraded interiors,' but without visual evidence or a specific renovation timeline, it's difficult to ascertain the recency or quality of these upgrades. Given the age of the building, it's likely that even with upgrades, some components may be functional but show signs of being outdated, aligning with the 'Fair' criteria for properties built over 20 years ago with renovations potentially 15-30 years old.
Pros & Cons

Pros

Premier Location: Situated in the highly desirable city of Menlo Park, immediately adjacent to Downtown, offering excellent walk/bike scores and proximity to upscale amenities, major universities (Stanford, Menlo College), and top-tier schools.
Income-Generating Asset: An 8-unit multifamily property with diverse floorplans (studio, 1-bed, 2-bed) provides a robust income stream and investment stability in a high-demand market.
Modernized Unit Interiors: Tenants benefit from 'beautifully designed... with upgraded interiors,' enhancing rental appeal, justifying higher rents, and reducing immediate renovation needs for new tenants.
Value-Add Opportunity: The explicit mention of 'ADU potential units' presents a clear path for future expansion, increased density, and significant revenue growth, maximizing the property's potential.
Convenient Tenant Amenities: On-site private parking, carport storage, and laundry facilities add significant value and convenience for residents, contributing to tenant satisfaction and retention.

Cons

Building Age & System Longevity: Constructed in 1956, the property's core infrastructure (e.g., roof, foundation, plumbing, electrical systems) may be nearing the end of its useful life, potentially requiring significant capital expenditures in the future.
Unspecified Exterior/Common Area Condition: While unit interiors are upgraded, the description does not provide details on the condition or recent renovations of the building's exterior, common areas, or landscaping, which could impact curb appeal and tenant attraction.
Absence of Modern Comfort Systems: There is no mention of central air conditioning or other modern climate control systems, which could be a drawback for tenants, especially during warmer months, and may require future installation.

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