Marcus & Millichap is pleased to present the opportunity to acquire 660 Roble Avenue, an eight-unit multifamily property in Menlo Park. This is a tremendous opportunity for an investor to acquire a property not just in the heart of Silicon Valley but also in one of the most affluent communities in the United States.
The property sits on a 0.2-acre lot and has room for the addition of two accessory dwelling units (ADUs). Among the amenities are on-site laundry, individual carports for each unit, and ample street parking. The apartment complex's location is one of the most desired in Menlo Park, making it highly coveted by tenants.
Downtown Menlo Park is just a few blocks away, offering over 50 shops, restaurants, and services, including Draeger’s Market, Walgreens, and Amici’s East Coast Pizzeria. Residents are also a short drive away from Stanford Mall and Downtown Palo Alto. Residents have easy access to El Camino Real, which offers a direct route to most major cities in the South Bay and the Peninsula.
Menlo Park is a sought-after destination for investors and residents. It’s also one of the most valued cities, with the average median home price exceeding $3.6 million as of June 2025. The price, along with current interest rates and intense competition, places homeownership out of reach for most residents, creating a robust tenant base.