$3,350,000
$3,500,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
5,416 SqFt
SOLD DATE : 01/12/2022
Key Details
Sold Price $3,350,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,416 sqft
Price per Sqft $618
MLS Listing ID ML81865099
Sold Date 01/12/22
Bedrooms 3
Full Baths 2
Year Built 1958
Lot Size 8,625 Sqft
Property Description
TURNKEY OPPORTUNITY in desirable Redwood City location. (6) Fully renovated units and (1) partially renovated unit. Strong curb appeal - Updated exterior with fresh coat paint, modern address numbers and lights. (2) Large Private Yards. (6) Private garages and 2:1 tandem parking. Attractively landscaped, large corner lot. Strong in-place rents with upside potential. Great rental location - West of El Camino Real near Woodside Road. Convenient to parks, schools, shopping & Downtown Redwood City. Outstanding debt available - buyer should be able to secure a 7-year fixed around 3.25% with 3-4 years of interest only payments.
Location
State CA
County San Mateo
Area Central Park Etc.
Zoning RM
Interior
Heating Gas, Wall Furnace
Cooling None
Flooring Laminate, Tile
Laundry Coin Operated, Washer / Dryer
Exterior
Parking Features Covered Parking, Off-Street Parking, Tandem Parking
Garage Spaces 6.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Foam
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public, Sewer Connected
Water Public
Others
Restrictions None
Tax ID 053-273-070
Security Features None
Special Listing Condition Not Applicable
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Bought with Matthew Thomson • Newmark Cornish & Carey
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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