$1,900,000
$2,200,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
5,000 Sqft Lot
SOLD DATE : 05/20/2022
Key Details
Sold Price $1,900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81886799
Sold Date 05/20/22
HOA Y/N No
Year Built 1957
Annual Tax Amount $25,000
Lot Size 5,000 Sqft
Property Description
TRUST Sale. Tremendous value add opportunity to own this value add 5 unit apartment building in the prime Redwood City location. Unit Mix: 1x studio, 2x 1bd1ba, 2x 2bd2ba. Long term tenants. This property is located just a block from Mezes park with playground and a tennis court. On top of that, it's surrounded by many redevelopment opportunities including proposed office building, multifamily projects and mixed use buildings. Redwood city is located right in the middle of two giant economies in the Bay Area - just about 27 mils south of San Francisco and 24 miles northwest of San Jose and 17 miles from the San Francisco International Airport and approx. half a mile from the Caltrain station.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning Commercial Residential
Interior
Heating Wall Furnace
Cooling Whole House Fan
Fireplace No
Exterior
Carport Spaces 5
Roof Type Tar/Gravel
Building
Water Public
Schools
School District Other
Others
Tax ID 052263080
Financing Private
Special Listing Condition Standard
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Bought with Austin Valliani Spoke Real Estate
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