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$3,300,000   Price Analysis
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880 Roble Ave
Menlo Park, CA 94025
4 bed 4 bath 3,472 SqFt ($950/SqFt)
4,850SqFt lot. Built 1955
Listed 2024-06-18, Taxes $23,187
Ⓧ USDA Ineligible
due to price & location

near Menlo Park

880 Roble Ave offers an nvestor an outstanding apartment property or an owner-occupier an ideal opportunity in the heart of Menlo Park.

Downtown convenience. Central location. This is a well maintained 4-plex with all open 1-bed, 1-bath units. Near Sa nta Cruz Avenue with grocery stores, coffee houses, restaurants, retail, transportation and much more. Approximately one mile from Stanford University, Stanford Hospital and Stanford Shopping Center.

The unit mix is (4) 1 bed / 1 bath units that are approx. 868 SF each (buyer to verify). Amenities include one on-site parking space per unit and shared laundry facility (coin/card operated). Two of the four units are ground level with no unit above and have private yards. Access to excellent Menlo Park schools.


Presented by Scott Casas at
Casas Real Estate.
Listing Agent Photo

Property MLS #ML81970075 from MLSListings

Bedrooms: 4

Cooktop - Electric
Exhaust Fan
Oven - Built-In

Laundry Features: Coin Operated

Full Bathrooms: 4

Heating Features: Forced Air Heating

Flooring: Hardwood, Tile

Carport Spaces: 4
Parking Features: Assigned Spaces

Lot Size Acres: 0.1113407
Lot Size Source: Assessor
Lot Size Square Feet: 4850

Association: No
Calculated Total Monthly Association Fees: 0
Gardener Expense: 260

Number of Buildings: 2
Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Square Feet: 868
Unit-2 Square Feet: 868
Unit-3 Square Feet: 868
Unit-4 Square Feet: 868

Elementary School: Encinal Elementary
Elementary School District: Menlo Park City Elementary
High School: Menlo-Atherton High
High School District: Sequoia Union High
Middle School: Hillview Middle

Hillview Middle School is a public middle school located approximately 0.8 miles away.
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Menlo-Atherton High School is a public high school located approximately 1 miles away.
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Encinal Elementary School is a public elementary school located approximately 1.1 miles away.
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Synapse School is a private elementary and middle school located approximately 0.1 miles away.
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Gross Scheduled Income: 115800
Income Includes: Laundry, Rents

Horse Amenities: No

Annual Tax Amount: 23797
Source Listing Status: Active
County: San Mateo
Cross Street: University Dr
Source Property Type: Residential Income (2-4 units)
Inclusions: Building, Land, Oven/Range - All Units, Refrigerator - All Units
Insurance Expense: 2109
Area: Allied Arts / Downtown
Source Neighborhood: Allied Arts / Downtown
Parcel Number: 071-311-150
Postal City: MENLO PARK
Trash Expense: 3417
Zoning: R30000
Property Subtype: Fourplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$757,501 + $757,501
$1,515,002
$23,187
2021$742,649 + $742,649
$1,485,298
$22,627
2020$735,035 + $735,035
$1,470,070
$22,402
2019$720,623 + $720,623
$1,441,246
$21,993
2018$706,494 + $706,494
$1,412,988
$21,347
2017$692,642 + $692,642
$1,385,284
$20,887
2016$679,061 + $679,061
$1,358,122
$20,229
2015$668,861 + $668,861
$1,337,722
$19,868
2014$655,759 + $655,759
$1,311,518
$19,316
2013$652,796 + $652,796
$1,305,592
$18,735
2012$550,000 + $550,000
$1,100,000
$16,226
2011$465,000 + $465,000
$930,000
$14,100
2010$500,000 + $500,000
$1,000,000
$14,645
2009$550,000 + $550,000
$1,100,000
$15,104
2008$550,000 + $550,000
$1,100,000
$14,469
2007$326,294 + $92,775
$419,069
$6,820

Listed 2024-06-18
$3,300,000
MLSListings
Listing removed 2015-04-21
$2,350
MLSListings
Listed for rent 2015-04-10
$2,350
MLSListings
Sold 2007-02-15
$1,200,000
Public Record
Sold 1975-05-30
$94,000
Public Record

Operating Expense: 32021
Operating Expense Includes: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Maintenance - Laundry, Miscellaneous/Other, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water

Total Square Feet Living: 3472
Year Built: 1955
Construction Materials: Wood Frame
Foundation Details: Concrete Perimeter, Crawl Space, Pillars / Posts / Piers
Property Age: 69
Roof: Tar and Gravel
Levels or Stories: 1
Total Area Sqft: 3472
Year Built Source: Assessor

Sewer: Sewer Connected
Individual Electric Meters
Individual Gas Meters
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.