Incredible opportunity to purchase a like new property in Redwood City with fantastic current financials. The property consists of four 1 bed 1 bath units, one studio and studio with office/nursery. All units have been completely renovated to contemporary standards with new kitchens, bathrooms, floors, stainless steel appliances, and double pane windows. Fresh exterior paint as well as fence and turf. The property is located 1/2 mile from Broadway and Main St. in the heart of booming Downtown Redwood City. Box and Google have recently purchased ~1.35M sf of office space in Redwood City, which will benefit investors going forward. This property is pristine and is truly a turnkey investment opportunity. Nothing left to do but collect rent checks. 4.5% CAP and GRM of 15.29 on current financials.
|LAST UPDATED||7/28/2019||YEAR BUILT||1953|
|COMMUNITY||Lenolt Etc.||COUNTY||San Mateo|
|STATUS||Sold||PROPERTY TYPE(S)||Multi Family|
|School District||Sequoia Union High|
|BASEMENT||Foundation: Concrete Perimeter|
|GARAGE||Carport , Covered Parking, Off-Site Parking, On Street, Tandem Parking|
|INTERIOR||Floors: Laminate, Tile|
|LOT||4848 sq ft|
|SEWER||Sewer: Sewer - Public|
TOTAL MONTHLY PAYMENT
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 11/19/19 8:07 PM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2019 MLSListings Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2019.