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
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