$2,625,000
$2,650,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
4,354 SqFt
SOLD DATE : 02/07/2022
Key Details
Sold Price $2,625,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,354 sqft
Price per Sqft $602
MLS Listing ID ML81867589
Sold Date 02/07/22
Bedrooms 5
Full Baths 4
Year Built 1932
Lot Size 7,470 Sqft
Property Description
Compass Commercial is pleased to offer this incredible turnkey opportunity located in highly desirable, Redwood City, California. Situated on a 7,470 square-foot parcel of land, the subject property located at 140 Roosevelt Avenue was constructed in 1932 and has a gross building area of 4,354 square feet. This five-unit turnkey apartment complex consists of one (1) two-bedroom/two-bathroom detached single family home in the front, and a fourplex situated in the back with two (2) two-bedroom/one-bathroom units, and two (2) one-bedroom/one-bathroom units. The property has undergone extensive exterior and interior updates, and has been EXTREMELY WELL-MAINTAINED. The units are bright with natural light and each has a locked storage area in the carport. The robust high tech job growth, shortage of housing units, proximity to shopping and public transportation, and core Silicon Valley location make 140 Roosevelt a great opportunity for both the cashflow and appreciation-minded investor.
Location
State CA
County San Mateo
Area Central Park Etc.
Zoning R4
Rooms
Kitchen Countertop - Granite, Hood Over Range, Oven Range - Built-In, Gas, Refrigerator
Interior
Heating Central Forced Air, Wall Furnace
Cooling Ceiling Fan
Flooring Carpet, Hardwood, Laminate, Tile
Laundry Coin Operated
Exterior
Parking Features Assigned Spaces, Attached Garage, Carport
Garage Spaces 1.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 053-094-130
Security Features None
Special Listing Condition Not Applicable
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Bought with Tom Sudano • Terrace Associates
"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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