743 Roble Avenue

743 Roble Avenue

Menlo Park, CA 94025

$3,200,888
Last Sold Price
—
Beds
4,340 Sq. Ft.
$738 / Sq. Ft.
4,340
Sq. Ft.
$738
per Sq. Ft.

Sold 10/22/21

Sold 10/22/21

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,...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.
  1. Listed by Janet Dore/John Spiller • DRE #70010018 • Coldwell Banker Realty • 650-483-8815

Property Details for 743 Roble Avenue

MLS City Name
MENLO PARK
Building Type
FOURPLEX
Style
Traditional
Garage Spaces
0
Parking Spaces
5
View
Downtown, Garden / Greenbelt, Hills, Mountains, Panoramic, Ridge
Cross Street
University

Location

Listing Courtesy of Coldwell Banker Realty, Janet Dore/John Spiller, DRE #70010018

Sold By Bay Home Investments&Loans, Heng Wei Chang, DRE #00878053

Add your commute
LISTING UPDATED: 10/22/2021 05:25 PM

Property Details for 743 Roble Avenue

StatusSold
MLS #ML81814331
Days on Compass366
Taxes$45,456 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1956
Lot Size0.17 AC / 7,452 SF
CountySan Mateo County

Location

Listing Courtesy of Coldwell Banker Realty, Janet Dore/John Spiller, DRE #70010018

Sold By Bay Home Investments&Loans, Heng Wei Chang, DRE #00878053

Add your commute

Building Information for 743 Roble Avenue

Stories2Residences4Year Built1956Building Size-Lot Size0.17 AC / 7,452 SF

Payment Calculator

$21,257 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,469

Property Taxes

$3,788

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 743 Roble Avenue

Features
Room Information
  • Additional Rooms: Laundry Room, Storage
  • Kitchen: Appliances - Vary by Unit, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Pantry, Pantry Cabinet, Refrigerator, Varies by Unit
Features
  • Amenities: Walk-in Closet
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 4340
  • Pool: No
  • Security Features: Security Lights, Varies by Unit
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Carport , Tandem Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Allied Arts / Downtown
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 743
  • Street Name: Roble
  • Street Suffix: Avenue
  • Area ID: 304
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4340
  • Structure SqFt Source: Assessor
  • Age: 64
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: R30000
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 071-322-260
  • County Name: San Mateo
  • City Name: MENLO PARK
  • City Postal ID: 33
  • Postal Code: 94025
  • Elementary School District: 931
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Perimeter, Crawl Space
  • Horse Property: No
  • Lot Acres: .17
  • Lot Description: Flag Lot, Grade - Level, Paved , Views
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Deck , Fenced, Low Maintenance, Porch - Enclosed
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $45,456
  • Building Unit Total: 4
  • Capitalization Rate: 3.01
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Income Includes: None
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $2,288
  • Expense Landscape: $771
  • Expense Maintenance: $200
  • Expense Management: $0
  • Expense Trash: $1,200
  • Expenses Other: $0
  • Expenses Utility: $300
  • Expenses Total: $50,215
  • Operating Expenses Include: Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener
  • Gross Rent Multiplier: 21.83
  • Income Annual Gross: $155,534
  • Income Annual Rental: $160,344
  • Income Gross Scheduled: $160,344
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,498
Unit 2 Information
  • Unit 2 Approx Square Footage: 1000
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Approx Square Footage: 1000
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Approx Square Footage: 1000
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,865
Unit Type 1
  • Unit Type1 Approx SqFt: 1000

Property History for 743 Roble Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 743 Roble Avenue

Taxable ValueLand$2,499,000Additions$766,020Total$3,265,020
Tax Record2023$42,558 ($3,547 / month)
Home Facts
Baths4Total Finished SqFt4,340 SqFtAbove Grade Finished SqFt4,340 SqFtStories2Lot Size7,452 SqFtStyleQuadraplexYear Built1956ZoningR30000CountySAN MATEOAPN071-322-260

Schools near 743 Roble Avenue

This home is within Menlo Park City Elementary School District.
Rating
School
Type
Grades
Distance
Encinal Elementary School
Public - K to 5
Hillview Middle School
Public - 6 to 8
Menlo-Atherton High School
Public - 9 to 12
Everest Public High
Charter - 9 to 12
Rating
School
Distance
Encinal Elementary School
PublicK to 5

Hillview Middle School
Public6 to 8

Menlo-Atherton High School
Public9 to 12

Everest Public High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker Realty, Janet Dore/John Spiller, DRE #70010018

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.