- Sold May 20th, 2022
- Seller
Courtesy of Spoke Real Estate, Samuel Spinella II.
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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.
Property Details & Features
Property Type
- Five Or More Units
Year Built
- 1957
Schools
- Redwood City Elementary
Listing
- Source: MLSListings
- Listed on 2022-04-15 00:00:00
- Restrictions: None
Lot
- Max Area: 5000.00
- Max Area Units: Square Feet
- Lot is 0.1147842056933 acres
Disability Features
- None
House
- 4,056 structure square feet
- Age: 65
- Built in 1957
- 1 building
- 5 minimum units in complex
Cooling
- Ceiling Fan
- Whole House / Attic Fan
Foundation
- Crawl Space
Garage
- On Street
Water
- Public
Heating
- Wall Furnace
Location
- County: San Mateo
Tenant Pays
- Utilities – Electric
- Utilities – Gas
Miscellaneous
- Total expenses: 45694
Property
- Zoning: Commercial Residential
Roof
- Tar and Gravel
Schools
- Elementary school district: 935
- Elementary school district: Redwood City Elementary
- High school district: 940
- High school district: Sequoia Union High
Security System
- None
Taxes
- Annual tax amount: $25,000
Sewer
- Sewer – Public
Utilities
- Separate Electric
- Separate Gas
- Separate Water
- Public Utilities
Listings last updated on June 24, 2022 3:54AM.
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